Uber leads $100 million round in African fintech startup Moove
- Moove raises $100 million in a Series B round led by Uber.
- The funding brings Moove's total raised to $460 million.
- Moove plans to expand to 16 more markets by the end of 2025.
The investment from Uber and other investors in Moove's Series B round is a strong validation of the company's business model. With the additional funding, Moove can further expand its operations and provide more vehicle financing options to ride-hailing and delivery drivers. The potential partnership with Bolt also indicates Moove's commitment to expanding its services and reach in key emerging markets.
