Automobiles - Page One Solutions https://www.pageonesolutions.co.za Wed, 01 Oct 2025 09:32:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.pageonesolutions.co.za/wp-content/uploads/2025/08/cropped-cropped-page-one-solutions-logo-32x32.jpg Automobiles - Page One Solutions https://www.pageonesolutions.co.za 32 32 Moove: Financing Mobility for Africa’s Gig Economy https://www.pageonesolutions.co.za/moove-financing-mobility-for-africa/?utm_source=rss&utm_medium=rss&utm_campaign=moove-financing-mobility-for-africa Mon, 03 Feb 2025 12:15:04 +0000 http://169.239.217.52/~pageonesolutions/?p=877

Mobility with a Mission 

Founded in 2020 by Ladi Delano and Jide Odunsi, Moove is a Nigerian mobility fintech company providing vehicle financing for ride hailing, logistics, and delivery drivers. It operates in over 13 cities across Africa and beyond, including Lagos, Accra, Cape Town, and Dubai. 

Turning Drivers into Owners 

Moove finances vehicles for Uber and Bolt drivers with flexible repayments plans tied to earnings. Drivers can access cars, tuk-tuks, or electric bikes without upfront capital making asset ownership achievable. 

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Moove’s proprietary scoring system uses alternative data ( such as trip volume and earrings) to assess creditworthiness. The result? Over 25,000 drivers financed to date, with 60% having never had access to formal credit before. 

A Global Funding Magnet 

In 2024, Moove secured a $100 million Series B round led by Mubadala, Left Lane Capital, and AfricInvest. The funding is helping it expand into new verticals like delivery and electric vehicle fleets. 

Driving Financial Inclusion on Wheels

By reimagining vehicle financing, Moove empowers Africa’s gig workers and accelerates mobility access while supporting green transport transitions in emerging markets.
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Mobility with a Mission 

Founded in 2020 by Ladi Delano and Jide Odunsi, Moove is a Nigerian mobility fintech company providing vehicle financing for ride hailing, logistics, and delivery drivers. It operates in over 13 cities across Africa and beyond, including Lagos, Accra, Cape Town, and Dubai. 

Turning Drivers into Owners 

Moove finances vehicles for Uber and Bolt drivers with flexible repayments plans tied to earnings. Drivers can access cars, tuk-tuks, or electric bikes without upfront capital making asset ownership achievable. 

Powered by Real Time Analytics

Moove’s proprietary scoring system uses alternative data ( such as trip volume and earrings) to assess creditworthiness. The result? Over 25,000 drivers financed to date, with 60% having never had access to formal credit before. 

A Global Funding Magnet 

In 2024, Moove secured a $100 million Series B round led by Mubadala, Left Lane Capital, and AfricInvest. The funding is helping it expand into new verticals like delivery and electric vehicle fleets. 

Driving Financial Inclusion on Wheels

By reimagining vehicle financing, Moove empowers Africa’s gig workers and accelerates mobility access while supporting green transport transitions in emerging markets.
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