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Ladi Delano

Ladi Delano

Co-Founder and CEO

Moove
Lagos, Nigeria
$449.5M raised

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About Moove

Moove is a global mobility fintech company that specializes in vehicle financing and related financial services for mobility entrepreneurs, particularly drivers on ride-hailing platforms like Uber. Founded in 2020, Moove empowers drivers by offering access to new vehicles through a revenue-based financing model that uses driver earnings for credit scoring. This approach enhances financial inclusion in markets with limited traditional financing options. The company provides a range of services, including vehicle financing, insurance, licensing, servicing, and roadside assistance. Moove also offers health insurance and fuel subsidy programs to deepen customer engagement. Its product portfolio extends to financing for logistics, mass transit, and instant delivery platforms, and it is expanding into electric vehicle charging infrastructure and natural gas vehicle financing in Nigeria. Operating in 19 cities across six continents, Moove has a significant presence in Africa, Latin America, the UAE, India, and the US. The company has a fleet of over 36,000 vehicles and plans to order at least 15,000 vehicles annually. Moove is also innovating in autonomous vehicle operations through a partnership with Waymo, further diversifying its business model.

Company Details

Company
Company logo
Moove
Industry
financial services
Founded
2019

Funding

Total Funding Raised
$449.5M

Backed by Leading Investors

UberMubadalaThe Latest VenturesAfricinvestPalm Drive CapitalTriatlum Advisors AGFuture AfricaStride Ventures

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