Moove on Track for Unicorn Status: $300 Million Funding Round Fuels Growth

Moove, a Nigerian mobility startup revolutionizing vehicle financing for ride-hailing services in Africa, is nearing unicorn status after securing a significant funding round. The company’s anticipated $300 million funding, at a valuation of over one billion dollars, follows strong growth and expansion into new markets across the continent and beyond. Founded in 2020, Moove provides flexible financing options to ride-hailing drivers, enabling them to purchase vehicles through affordable repayment plans tied to their earnings. This latest fundraising is expected to close within the coming months, potentially propelling Moove into unicorn status.