Nigerian-born mobility fintech Moove heads for global expansion with $100M funding led by Uber
- Moove secured a $100 million Series B funding round, raising its valuation to $750 million.
- The company focuses on financing vehicle ownership for mobility entrepreneurs using revenue-based financing.
- Moove has partnered with Uber to enhance its business model and expand its services.
Moove's innovative approach to vehicle financing and its commitment to sustainability position it as a leader in the mobility fintech sector. The strategic partnership with Uber not only validates its business model but also sets a precedent for future collaborations between fintech and mobility platforms. This trend could significantly enhance the efficiency and accessibility of transportation services, fostering economic inclusion.
