Cairo, Egypt – Swypex, Egypt's leading all-in-one B2B financial management platform, has announced a strategic partnership with Newgiza Sports Club (NGSC), becoming the official sponsor of the club's Under-14 and Under-16 Girls' Basketball Teams
The sponsorship reflects Swypex's commitment to empowering young female athletes while supporting NGSC's long-term vision of developing future basketball champions. Home to 12 different sports, Newgiza Sports Club has established a structured athlete development pathway designed to prepare young talents to compete in the Egyptian National Basketball Championship
Swypex intentionally chose to support the girls' basketball program as part of its broader mission to champion women's leadership from an early age. While women in Egypt now surpass men in university enrollment, OECD data shows that only 6% of Egyptian companies had a female top executive in 2022, compared with the global average of 15%. As a fintech serving businesses across Egypt, Swypex works closely with women entrepreneurs, CFOs, and finance leaders, making this initiative a natural extension of its commitment to fostering the next generation of female leaders
"We founded Swypex to help Egyptian businesses grow, and many of those businesses are led by exceptional women," said Ahmad Mokhtar, Co-Founder and Chief Executive Officer of Swypex. "Supporting Newgiza's girls' basketball teams allows us to invest in leadership and ambition at an earlier stage. These young athletes demonstrate discipline, determination, and resilience every day, and we're proud to stand beside them both on and off the court
Commenting on the partnership, Eng. Khaled El-Shawarby, Chief Executive Officer of Newgiza Sports Club, said: "Our girls' basketball teams are among the club's greatest sources of pride. This partnership with Swypex represents much more than sponsorship—it reflects a shared belief in empowering young athletes and creating opportunities that help them succeed in sports and in life. We are delighted to welcome Swypex to the Newgiza Sports Club family
About Swypex
Swypex is an all-in-one financial management platform designed for businesses, offering smart corporate cards, cash management, approval workflows, financial integrations, and real-time financial visibility. By bringing every aspect of financial operations into a single platform, Swypex helps companies improve efficiency, strengthen financial control, and make smarter business decisions
Swypex is licensed by the Central Bank of Egypt, partnered with Visa, and backed by Accel
About Newgiza Sports Club
Newgiza Sports Club was founded with the vision of creating an exceptional sporting environment where young athletes can develop their talents, families can connect, and excellence is achieved through continuous growth
The club offers 12 sports disciplines and is built on the values of discipline, teamwork, and sportsmanship. Through a structured athlete development program, NGSC helps young players build character, resilience, and competitive excellence from the grassroots level
Newgiza Sports Club aims to become one of Egypt's leading sports institutions by developing future champions, strengthening community engagement, and preparing athletes to compete successfully on both national and international stages—including the club's long-term ambition of supporting athletes on the road to the 2028 Olympic Games