Uber Drives Moove's $100M Investment in African Mobility Fintech

March 20, 2024, 9:31 pm
Future Africa
Future Africa
Location: Nigeria, Lagos, Apese
Employees: 1-10
Founded date: 2019
Moove
Moove
Location: Netherlands, North Holland, Amsterdam
Employees: 201-500
Founded date: 2019
Total raised: $212.66M
Africinvest
Africinvest
Location: Tunisia
Employees: 51-200
Founded date: 1994
Uber
Uber
Location: United States, California, San Francisco
Employees: 1-10
Founded date: 2009
Moove, an African mobility fintech, secures $100 million in funding led by Uber, pushing its valuation to $750 million. The investment will fuel Moove's expansion into new markets, offering vehicle financing to ride-hailing and delivery app drivers. Moove's innovative approach to vehicle financing, including EV options, aims to revolutionize the mobility ecosystem in Africa and beyond. With strategic partnerships and a commitment to sustainability, Moove is poised for global growth and profitability.