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series b

Uber Technologies Inc. has officially led a $100 million Series B funding round for Moove, an African mobility fintech company.  This investment propels Moove’s valuation to an impressive $750 million and marks Uber’s first foray into African continent investment. Moove Founded in Lagos in 2020 by British-born Nigerian entrepreneurs Ladi Delano and Jide Odunsi, Moove has revolutionized vehicle financing. It operates with a business model that provides access to vehicle ownership for mobility entrepreneurs who traditionally face barriers in accessing financing.  Moove’s model allows drivers to own vehicles by paying a portion of their weekly income, which