{"id":560833,"date":"2021-03-15T05:35:05","date_gmt":"2021-03-15T05:35:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/15\/swvls-co-founder-sabbah-steps-down-to-start-fintech-business\/"},"modified":"2021-03-15T05:35:05","modified_gmt":"2021-03-15T05:35:05","slug":"swvls-co-founder-sabbah-steps-down-to-start-fintech-business","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/15\/swvls-co-founder-sabbah-steps-down-to-start-fintech-business\/","title":{"rendered":"Swvl\u2019s Co-founder Sabbah steps down to start fintech business"},"content":{"rendered":"

Swvl co-founder and CTO Ahmed Sabbah<\/strong> (LinkedIn<\/a>) has announced<\/a> his resignation, telling Enterprise that he intends to start his own consumer fintech business, without sharing further details. Sabbah co-founded the mass transportation startup with Mostafa Kandil and Mahmoud Nouh in 2017, and Swvl managed during this period to raise close to USD 90 mn<\/a> and expanded into different countries such as Jordan<\/a>, Kenya<\/a>, Pakistan<\/a>, and is working to expand into other Middle East markets<\/a>. Sabbah is the second co-founder to leave after Nouh departed in 2019 to found a fintech startup called Capiter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Swvl co-founder and CTO Ahmed Sabbah (LinkedIn) has announced his resignation, telling Enterprise that he intends to start his own consumer fintech business, without sharing further details. Sabbah co-founded the mass transportation startup with Mostafa Kandil and Mahmoud Nouh in 2017, and Swvl managed during this period to raise close to USD 90 mn and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7231],"tags":[72,206,507],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560833","post","type-post","status-publish","format-standard","hentry","category-moves","tag-enterpriseam","tag-moves","tag-swvl","wpautop","entry"],"acf":{"mongo_id":"8210914e-4a6e-44d6-86e7-e48e7fc3bc67","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560820],"teaser":"","voice_url":""},"yoast_head":"\nSwvl\u2019s Co-founder Sabbah steps down to start fintech business - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/15\/swvls-co-founder-sabbah-steps-down-to-start-fintech-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swvl\u2019s Co-founder Sabbah steps down to start fintech business\" \/>\n<meta property=\"og:description\" content=\"Swvl co-founder and CTO Ahmed Sabbah (LinkedIn) has announced his resignation, telling Enterprise that he intends to start his own consumer fintech business, without sharing further details. 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