Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in equity from new and existing investors, a process led by Mubadala Investment Company; $10 million venture debt from funds and accounts managed...
Moove has raised $30 million from a sukuk issuance to fund its entry into the UAE market. The Nigeria-borne vehicle financing platform announced the raise, which will be its first such issuance, in a press release on Friday (Dec. 09). A sukuk, sometimes known as...
In the September edition of the Expanding Payments Choice Playbook series, PYMNTS discusses the importance of end-to-end digital car buying, a mode of auto sales in which not only can consumers buy their automobiles online, but they can also access financing, rewards schemes and receive...
Following government calls for Spain’s regional authorities to draw up regulations for the ride-hailing sector, the Junta de Andalucía is expected to soon announce details of how it will regulate the likes of Uber, Cabify and Bolt which operate on the Costa del Sol. Mobility...
February 23, 2024
Uber is reportedly considering joining other investors in a funding round for Moove, an African vehicle financing startup. The funding round could total between $75 million and $100 million and lift Moove’s value from its current $650 million to about $750 million, Bloomberg reported Friday (Feb. 23), citing unnamed sources. The talks are ongoing and […]
August 10, 2023
Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in equity from new and existing...
December 09, 2022
Moove has raised $30 million from a sukuk issuance to fund its entry into the UAE market. The Nigeria-borne vehicle financing platform announced the raise, which will be its first...
August 30, 2022
Mobility FinTech Moove has teamed up with Japanese financial services company MUFG and carmaker Suzuki to promote financial inclusion among gig workers in Africa. With the collaboration, “Moove … aims...
