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Uber’s largest vehicle financing partner is an African startup with global ambitions

restofworld.org/2024/m...

submitted almost 2 years ago by priscilla

Uber’s largest vehicle financing partner is an African startup with global ambitions

submitted almost 2 years ago by priscilla

Uber’s largest vehicle financing partner is an African startup with global ambitions
  • Moove, a vehicle financing company, has raised $176 million to expand its business in India, the U.K., and the UAE after facing challenges in African markets.
  • The company aims to achieve profitability by focusing on non-African markets and offering electric vehicles to drivers to reduce costs and improve margins.
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