Fundz

Mobility Fintech Moove Raises $30 Million From Debut Sukuk For Uae Expansion

PRIVATEDec 09, 2022

Amount Raised

$30 Million

Round Type

Funding Round

OtherFinancial ServicesMedia And EntertainmentTransportation

Investors

Franklin Templeton Investments Ltd.

Description

Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is raising $30 million from a debut sukuk issuance arranged by Franklin Templeton Investments (ME) Ltd. in its mission to build the largest EV ride-hailing fleet in the MENA region.

Quick answer

Moove raised $30 Million in a Funding Round round, dated December 9, 2022. Investors: Franklin Templeton Investments Ltd.

How much did Moove raise?
Moove raised $30 Million in a Funding Round round on December 9, 2022.
Who invested in Moove?
Franklin Templeton Investments Ltd. is named as investors in this round.
What does Moove do?
Moove is an African mobility fintech that is democratizing vehicle ownership by providing revenue-based vehicle financing to mobility entrepreneurs across Africa, where limited access to vehicle financing has resulted..
Who are the decision-makers at Moove?
Fundz holds 1 contact at Moove, including the Co Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Media And Entertainment around the same time

Companies in the same sectors as Moove that raised within 45 days of this round, from Fundz verified event records.

  • Amber Group raised $300M (Funding Round) on December 16, 2022.
  • Rocket Lab Corporation raised $21M (Funding Round) on December 13, 2022.
  • Carputty Inc. raised $12M (Series A) on December 6, 2022.
  • Zest raised $4.2M (Seed) on November 15, 2022.
  • Global Screening Services raised $48M (Funding Round) on January 23, 2023.
  • Zenfi raised an undisclosed amount (Funding Round) on January 23, 2023.

Who to call at Moove, and when

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Company Information

Company

Moove

About

Moove is an African mobility fintech that is democratizing vehicle ownership by providing revenue-based vehicle financing to mobility entrepreneurs across Africa, where limited access to vehicle financing has resulted in the lowest per capita car ownership in the world. The company is Uber’s exclusive vehicle financing and vehicle supply partner in sub-Saharan Africa. For more information, visit https://moove.africa/ or contact press@moove.africa.

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Related People

1 contact
Verified contactsJoaquin, Co Founder hidden hiddenSee plans and pricing
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Moove raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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