Moove enters Mexican market in continued global expansion efforts
The startup, which aims to achieve profitability next year, is committed to empowering gig workers and promoting sustainable mobility in North America.
The startup, which aims to achieve profitability next year, is committed to empowering gig workers and promoting sustainable mobility in North America.
Established in 2020 by Delano alongside Jide Odunsi, Moove has rapidly emerged as a key player in the mobility fintech sector.
Sources familiar with the negotiations have disclosed that the investment could potentially reach $100 million, marking a substantial milestone for both companies.
Moove, co-founded by British-born Nigerian entrepreneurs Delano and Jide Odunsi in 2020, aims to democratize access to vehicle ownership.
Founded by Delano and Jide Odunsi in 2020, Moove has successfully scaled to nine markets across Sub-Saharan Africa and India.
The move marks Moove’s first global expansion outside of Africa.