Tech Company Financing Transactions
Moove Africa Funding Round
Moove Africa, based in Amsterdam, secured $8 million from Absa Corporate and Investment Banking.
Transaction Overview
Company Name
Announced On
7/10/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Proceeds Purpose
The new funding will be channelled towards increasing the existing fleet of Suzuki vehicles, thus fostering job opportunities for Ghana's emerging entrepreneurs. This aligns with Moove's mission to eliminate barriers to employment opportunities and empower Ghana's evolving class of mobility entrepreneurs.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Kingsfordweg 151
Amsterdam, 1043 GR
The Netherlands
Amsterdam, 1043 GR
The Netherlands
Phone
Undisclosed
Website
Email Address
Overview
Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa. We are Uber's exclusive vehicle financing and vehicle supply partner in sub-Saharan Africa.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ladi Delano
Chief Executive Officer
Jide Odunsi
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