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Moove raises $105m in Series A funding

Africa based ride-hail vehicle financing solution company raised $105m in Series A funding led by Speedinvest, Left Lane Capital and thelatest.ventures.

"One of the things that we found and we’re very excited about is that this problem of lack of access to financing for mobility entrepreneurs is not just unique to Africa. It is a problem faced across many emerging markets. So what this new round is going to help us do is not just scale in Africa across our existing markets and new markets, but it will also enable us to do to scale into new markets and new regions.”

Tags

lending, africa