No. 021 · Mostafa Kandil

What this record used to say.

This record has been revised 4 times. Each version is hash-chained to the one before it and anchored to Bitcoin; the values below are shown exactly as they were recorded at the time, not restated after the fact.

Version 4 2026-07-17 Bitcoin attested
  • Raised: $1.5B SPAC valuation, 2022

sha256 04dd8595ba8a8c2097765a06450522dd975d5e4e923b91336f1196e93203ca38

Version 3 2026-07-16 Bitcoin attested
  • Founded: 2017 · Dubai 2017 · Cairo

sha256 a2b57fcdbb594e2b38b1768f1f15e829f3a92e9a8f760d607f8a1c3a07feedfc

Version 2 2026-07-15 Bitcoin attested

No tracked field changed in this version.

sha256 97eddf5e47cb08a0d18eec3ca1347025acd676357b96a6d1368398cbaddabd5f

Version 1 2026-07-10 Bitcoin attested

Minted

  • Founder: Mostafa Kandil
  • Company: Swvl
  • Founded: 2017 · Dubai
  • Raised: $1.5B SPAC valuation, 2022
  • Backers: BECO Capital, VNV Global, Queen's Gambit Growth Capital
  • Strap: He listed a Cairo-born bus-booking platform on Nasdaq at a $1.5B valuation, then rebuilt it around B2B and government transport contracts to reach its first annual profit in 2025.
  • Moves: 2017 · Founded in Cairo as a bus-hailing service; 2019 · Moved headquarters to Dubai; 2022 · Listed on Nasdaq via SPAC merger with Queen's Gambit at a roughly $1.5B valuation; 2026 · Reported first annual profit, $1.3M for 2025, while working to cure a Nasdaq delisting notice

sha256 c0f76c5751e582c03d7759c4db020524fe299b31363c2b8f33a1c1e4f2869c01