Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA

Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA

2 years ago
Anonymous $jukOC22bR_

https://techcrunch.com/2022/03/14/moove-raises-105m-to-scale-its-vehicle-financing-product-across-asia-europe-and-mena/

Moove, an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing.

Existing investors Speedinvest, Left Lane Capital and thelatest.ventures (the first two are lead investors from its Series A) led this round shared between $65 million equity and $30 million debt. New investors such as AfricInvest, MUFG Innovation Partners, Latitude and Kreos Capital participated.