Mobility fintech startup GoCab has raised $45 million to expand its groundbreaking drive-to-own vehicle finance strategy across Africa. This announcement came after the company reached $17 million in annual recurring revenue (ARR), signaling strong traction among ride-hailing and delivery drivers. The funding round entails $15 million in equity and $30

Driving a vehicle holds significance for individuals in society as it offers social status and enables personal authority and independence. Particularly elderly individuals face challenges with walking to reach bus stops or cycling. Hence, driving often remains the only viable choice for maintaining independent mobility. South Africa faces a significant