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Moove

A collection of 7 posts

Africa’s Biggest Mega Rounds in 2022

Africa’s Biggest Mega Rounds in 2022

There was a time when mega rounds were confined to the West. That is no longer the case now. Macroeconomic conditions are now favoring Africa well enough to attract such levels of funding (deals valued at $100 Million & above). African late-stage startups that have reached a certain degree of

On-demand mobility solution company, Max expands to Ghana, aims at consolidating its EV product in Africa

Electric Vehicle

On-demand mobility solution company, Max expands to Ghana, aims at consolidating its EV product in Africa

Popular for its ride-hailing services in Nigeria but originally launched as a logistics startup, Metro Africa Xpress Inc. (MAX) has transitioned to a fully-fledged transportation solutions provider and provider of electric vehicles (EV) in Africa. In 2021, it announced its plan to drive its services across Africa with its $31

Nigerian Vehicle Financing Company, Moove Raises £15 Million, Aims at Reducing Carbon Emissions in the UK

Electric Vehicle

Nigerian Vehicle Financing Company, Moove Raises £15 Million, Aims at Reducing Carbon Emissions in the UK

Nigerian-owned world’s first mobility fintech company, Moove, with operations in Nigeria (Lagos and Ibadan) and eight other markets across different African countries as well as in India and the UK — has raised £15 million ($16 million) from Esmo Asset Management to scale operations after its August launch in the

Nigerian Auto Financing Startup, Moove, Expands into India, Launches in Mumbai, Two Other Cities

Nigerian Auto Financing Startup, Moove, Expands into India, Launches in Mumbai, Two Other Cities

Moove, Nigerian mobility fintech on Monday announced its entry into the Indian market with the launch of operations in Mumbai, Hyderabad, and Bengaluru. The three cities have a combined population of over 27 million and are the most populated cities in India. This expansion aligns with the startup’s vision

Moove, Nigerian Mobility Fintech, Secures $20m Debt Funding from British International Investment, BII

British International Investment

Moove, Nigerian Mobility Fintech, Secures $20m Debt Funding from British International Investment, BII

Moove, a Nigerian mobility fintech startup, has secured a $20 million four-year structured debt funding from the British International Investment (BII) – (formerly CDC Group plc, Commonwealth Development Corporation, and Colonial Development Corporation), the UK government’s Development Finance Institution (DFI). Ladi Delano and Jide Odunsi founded Moove in 2020 to

Moove, Nigerian-based Mobility start-up raises $105M Series A2 to expand into seven new markets across the globe

Left Lane Capital

Moove, Nigerian-based Mobility start-up raises $105M Series A2 to expand into seven new markets across the globe

Moove, a Nigeria-based mobility fintech startup that provides seamless vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks has raised $105 million in an oversubscribed Series A2 round to expand into seven new markets across Asia, MENA, and Europe over the next six months. The Series

Nigerian Mobility startup, Moove closes $10 million round led by NPK Capital to expand across Africa

Nigerian Mobility startup, Moove closes $10 million round led by NPK Capital to expand across Africa

The mobility fintech company Moove has secured a $10 million financing deal from NBK Capital Partners Mezzanine Fund II. This makes the sixth investment from the Fund advised by NBK Capital Partners and the first investment in Africa. Moove is a mobility fintech that is Uber’s exclusive fleet partner