AXIOM Developments Competitors

Fawry for Banking Technology and Electronic Payments S.A.E. is the leading Egyptian digital transformation & fintech platform that revolutionized the concept of Omni channel payment in Africa and the Middle East over the past decade. · Fawry offers more than 1,186 financial services to consumers and businesses through more than 225 thousand locations in an easy way to pay bills and other services in multiple channels (online, using ATMs , mobile wallets and retail points) · Fawry is the chosen platform for over 29.3 Million customers in Egypt. More than 3.06 Million operations daily are processed on Fawry's network, the rapid market penetration and consistent quality of service helped Fawry's transaction volume soar to a remarkable 81 Billion-EGP record in less than 11 years Since its launch.

The Information Technology Industry Development Agency (ITIDA) develops, regulates, and promotes Egypt’s IT industry. Established by Law No. 15 of 2004, it strengthens local companies and talent, regulates key pillars of the digital economy, and positions Egypt as a global destination for technology investment and IT/ITES exports. Chaired by the Minister of Communications and Information Technology, ITIDA’s Board of Directors draws half its members from the private sector. Industry leaders directly shape its strategy, programs, and priorities, combining government authority and continuity with business insight and agility. Developing the industry. ITIDA helps Egyptian IT companies compete globally through the Software Engineering Competence Center (SECC), supports startups through the Technology Innovation and Entrepreneurship Center (TIEC), and develops a qualified, sustainable talent pool aligned with global delivery needs. Regulating for trust. As Egypt’s authority for electronic signature services, ITIDA also protects intellectual property rights for software and databases, supporting trusted digital transactions and innovation. Attracting and growing investment. Based at Smart Village, ITIDA serves as a one-stop shop for multinationals establishing or expanding delivery operations in Egypt. From market entry to scale-up, it helps investors tap into Egypt’s talent, cost competitiveness, multilingual capabilities, and strategic time-zone position. Representing Egypt globally. Through international campaigns, trade missions, and global events, ITIDA showcases Egyptian capabilities and connects local companies with international partners and markets. ITIDA is led by Eng. Ahmed Elzaher, Chief Executive Officer.

Swvl is a global provider of transformative tech-enabled mass transit solutions that enhance mass transit safety, reliability, and convenience in some of the world’s most challenging and complex emerging markets. Swvl is uniquely positioned to capitalize on the $1tn global mass transit market opportunity with daily commuting, inter-city travel, TaaS, and SaaS transportation solutions. Swvl currently operates in 115 cities in 18 countries across Latin America, Europe, Africa, and Asia. The differentiated proprietary technology stack features dynamic routing of high capacity vehicles allowing unprecedented vehicle utilization and earnings levels for drivers and massively reduced walk to station distances and prices for riders. With a track record of exponential growth, Swvl achieved annual gross revenue growth of 430% over the past four years. More than 2 million riders to date have booked more than 75 million rides with more than 20 thousand drivers on Swvl’s platform. TaaS offerings have grown gross revenue per client by 4x with > 100% revenue retention over the past two years. Swvl has undergone rapid geographic expansion, including a launch into Europe and Latin America one year ahead of schedule through the recent acquisitions of Shotl and Viapool. Swvl recently entered into a business combination with Queen’s Gambit Growth Capital. Implied, fully diluted equity value is $1.5bn, including an upsized PIPE of $122.5m, of which $65.5mn has been pre-funded to accelerate the company’s growth plans. Swvl is the first $1bn+ unicorn from the region to list on NASDAQ and the first mass transit solutions company on any exchange. The PIPE was led by strategic and financial investors, including Agility, Luxor Capital, Zain, EBRD, and Chimera. Founded on strong ESG principles, Swvl advances social and economic equity while reducing more than 15 million person-hours congestion. Since its inception, the platform has prevented more than 250 million pounds of Co2 emissions.