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Moove Acquires Brazilian Mobility Provider Kovi in Major Global Expansion Move

African-born vehicle financing company Moove has announced its acquisition of Kovi, a leading Brazilian urban mobility provider, in an all-share transaction. This strategic move strengthens Moove's position in Latin America's mobility market and advances its goal of building the...

Moove Partners with Waymo to Manage Autonomous Vehicle Fleets in the U.S.

Moove, a fintech startup that began in Nigeria, has announced a groundbreaking partnership with Waymo, Alphabet’s self-driving vehicle division. This collaboration will see Moove manage fleets of autonomous vehicles in Phoenix, Arizona, and Miami, Florida, marking the startup’s debut...

Moove Eyes the US, Aiming to Revolutionize Electric Vehicle Financing

Moove, the leading fintech startup specializing in vehicle financing for ride-hailing services, has announced its ambitious expansion into the United States. Backed by a significant funding round and a successful track record in other markets, Moove is poised to...

Uber in Talks to Invest $100 Million in Nigerian Auto-Financing Startup Moove

In a move signaling its commitment to the growing African ride-hailing market, Uber is reportedly in talks to invest up to $100 million in Moove, a Nigerian startup specializing in vehicle financing for ride-hailing drivers. This potential investment holds...

Moove Raises $78M in Funding to Expand Vehicle Financing to Drivers in Africa and Beyond

Moove, an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $78 million in new funding. The round was led by Mubadala Investment Company, with participation from BlackRock...

Moove Secures $8 Million in Funding from Absa to Boost Ghana Operations

Moove, the mobility fintech startup that has disrupted the vehicle financing market in Africa, has secured $8 million in financing from Absa Corporate and Investment Banking (CIB). This brings Moove’s total funding to date from Absa to $28 million. The...

Mobility Fintech Moove Raises $30 Million to Build Largest EV Ride-hailing Fleet

Mobility fintech and Uber’s largest vehicle supply partner in EMEA, Moove secured $30 million from a debut sukuk issuance arranged by Franklin Templeton Investments (ME) Ltd. in its mission to build the largest EV ride-hailing fleet in the MENA region. The successful...

Nigerian Mobility Startup Moove Secures $17M to Expand in the UK

Moove, an African fintech start-up has secured £15 million (about $17 million) in debt financing from Emso Asset Management, bringing its total funding to $200 million. This comes a few months after the mobility startup got $20 million in debt...

Nigerian Mobility Fintech Moove Expands Operations in India

Moove, African mobility fintech and Uber’s largest vehicle supply partner in EMEA,  has expanded its operations to India as part of its global expansion. Moove, which provides revenue-based financing to mobility entrepreneurs, has expanded from its African roots to Mumbai,...

Nigerian Mobility Startup Moove, Secures $20 million from British International Investment (BII)

Nigerian Mobility startup, Moove, has announced $20 million financing deal from British International Investment (“BII”), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group. According to Moove, the 4-year structured credit investment will play a key role...