Series B Mobility MEGA DEAL

$100M

Moove

Nigeria April 2024 West Africa

About this Deal

Moove raised $100M Series B for vehicle financing expansion led by Uber.

Investors

Lead: Uber

Uber Mubadala Africinvest Future Africa Palm Drive Capital

Deal Details

Amount$100M

TypeSeries B

InstrumentEquity

Valuation$750M

SectorMobility

FounderMale-led

StatusClosed

Company

Moove
Startup · Lagos

Other Companies in this Market

See all

Psaltry International Cassava value chain champion

MTN Nigeria Communications Everywhere you go

Co-Creation Hub (CcHub) Driving Africa's innovation economy

BUA Foods PLC Nourishing Africa

Zenith Bank PLC In your best interest

Dangote Petroleum Refinery Africa's largest refinery

People in this Space

See all

Oluwole Rasheed Sarumi Founder @ Saroafrica International

Reni Folawiyo Founder @ Alara Lagos

Bolanle Austen-Peters Founder @ Terra Kulture

Mira Mehta Founder @ Tomato Jos

Kola Masha Founder @ Babban Gona

Yemisi Iranloye Founder @ Psaltry International

Related News

See all

Stop Calling Them Neobanks: The Pan-African Retail Bank Has Arrived Kuda is now a nationally licensed Nigerian bank. FairMoney is a licensed microfinance bank with curr...

Why Nigeria's Open Banking Framework Will Underperform Its Promise Nigeria became the first African country to go live with formal open banking on 1 August 2025. The C...

African Wealthtech Needs to Admit It Is a Currency Hedge, Not a Wealth Builder PiggyVest has over 7 million users. Cowrywise passed 800,000. Bamboo and Risevest have built credibl...

How to Price and Structure B2B Supply Chain Finance in African Markets B2B supply chain finance is one of the most promising African fintech categories because it addresse...