Moove inches closer to unicorn status as it plans $300m funding
- Moove plans to raise $300 million in equity to push its valuation beyond $1 billion.
- The company has grown its revenue threefold in a year, reaching $360 million annualized.
- Moove operates across Africa, Latin America, the Middle East, and Asia.
Moove's rapid growth and innovative financing model highlight the potential of African startups to attract global investment. However, as they scale, maintaining operational efficiency and managing partnerships will be critical to sustaining their momentum and achieving long-term success.
