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Swypex provides businesses with tools for working capital, invoice management, payments, and expense tracking.
Founded in 2022 by Ahmad Mokhtar, Sasan Hezarkhani, and Tarek Mokhtar, Swypex is based in Egypt. Its platform includes prepaid corporate cards, expense tracking, and tools for issuing and managing invoices. In May 2024, the company raised USD 4 million in seed funding led by Accel, with participation from Foundation Ventures and The Raba Partnership. It planned to begin operating in Egypt after obtaining a CBE license.
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