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Nigeria’s Moove raises $10 million for its India expansion.

PRIVATEFeb 15, 2024

Amount Raised

$10 Million

Round Type

Funding Round

OtherFinancial ServicesMedia And EntertainmentTransportation

Investors

Stride Ventures

Description

Moove, a pioneering vehicle financing startup, has secured a significant debt funding of $10 million from Stride Ventures for its India expansion, aiming to strengthen its presence and expand its operations to additional cities like Delhi, Pune, and Kolkata.

Quick answer

Moove raised $10 Million in a Funding Round round, dated February 15, 2024. Investors: Stride Ventures.

How much did Moove raise?
Moove raised $10 Million in a Funding Round round on February 15, 2024.
Who invested in Moove?
Stride Ventures 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.

  • Carputty Inc. raised $80M (Series A) on March 6, 2024.
  • Rocket Lab Corporation raised $120M (Funding Round) on February 20, 2024.
  • Parallel Studios raised $35M (Angel) on March 29, 2024.
  • Benjamin Capital Partners raised $5.5M (Seed) on March 28, 2024.
  • Skyflow raised $30M (Series B) on March 28, 2024.
  • Fasset raised $27M (Series B) on March 28, 2024.

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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.