Moove

Moove has set out to confront this challenge by offering revenue-based vehicle financing solutions to ride-hailing app drivers. In partnership with Uber, Moove operates in Nigeria, Ghana, South Africa, and Kenya and has began expanding into Latin America. Unlike traditional car loans, Moove's financing model links an Uber driver's repayments directly to their work volume and revenue generation, providing customers with increased flexibility in managing their repayments.

Within its first year of operation, Moove facilitated 1.4M trips using vehicles financed through its innovative approach. The company is now poised to leverage funding to expand its presence across West Africa, and , folliwng its acqwuisition of Kovi, its making a strong entry into the Latin American market. Moove's overarching goal remains to address the substantial vehicle financing gap that exisits and its sure is making big moves.