Moove

Moove is a groundbreaking mobility company that has quickly established itself as a leader in the tech industry across Africa, particularly in cities like Lagos and Ibadan. Founded in 2019 by visionary entrepreneurs Ladi Delano and Jide Oduns, Moove officially launched its services in June 2020, aiming to revolutionize the way mobility entrepreneurs access vehicle financing.

The company focuses on providing affordable financing solutions tailored specifically for individuals looking to purchase vehicles for commercial use. With a commitment to making vehicle ownership more accessible, Moove offers low-interest loans that allow drivers to repay over a manageable four-year period, making it easier for them to enter the ride-hailing and logistics markets.

In addition to traditional vehicle financing, Moove has introduced innovative revenue-based financing options that cater to a diverse range of mobility entrepreneurs. This includes services for those involved in ride-hailing, logistics, mass transit, and instant delivery platforms. By offering flexible financial solutions, Moove empowers drivers and entrepreneurs to grow their businesses without the burden of high upfront costs. The company’s approach not only supports individual drivers but also contributes to the overall growth of the transportation sector in Africa, creating job opportunities and enhancing economic development in the region.

A significant milestone for Moove was its partnership with Uber, which included a substantial $100 million investment that boosted the company’s valuation to an impressive $750 million. This collaboration is a testament to Moove’s potential and its mission to bridge the gap in vehicle ownership across Africa.

By working closely with Uber, Moove aims to create a more inclusive transportation ecosystem that benefits both drivers and passengers. With its innovative financing solutions and strategic partnerships, Moove is not just changing the landscape of mobility in Africa; it is also paving the way for a brighter future for countless entrepreneurs eager to make their mark in the industry.

𝙴𝚍𝚒𝚝 𝚃𝚑𝚒𝚜 𝙿𝚊𝚐𝚎 𝚃𝚘 𝙲𝚘𝚗𝚗𝚎𝚌𝚝 𝚝𝚑𝚎 𝚂𝚘𝚌𝚒𝚊𝚕 𝙼𝚎𝚍𝚒𝚊 𝙰𝚌𝚌𝚘𝚞𝚗𝚝𝚜 / 𝙿𝚑𝚘𝚗𝚎 𝙽𝚞𝚖𝚋𝚎𝚛 / 𝙴𝚖𝚊𝚒𝚕 (𝙴.𝚃.𝙲) – 𝙲𝚕𝚒𝚌𝚔 𝙱𝚎𝚕𝚘𝚠:

𝙴𝙳𝙸𝚃 𝚃𝙷𝙸𝚂 𝙿𝙰𝙶𝙴:

𝐂𝐋𝐈𝐂𝐊 𝐓𝐎 𝐄𝐃𝐈𝐓 𝐓𝐇𝐈𝐒 𝐏𝐀𝐆𝐄 𝚆𝚑𝚊𝚝𝚜𝙰𝚙𝚙 𝙲𝚑𝚊𝚝