Company profile

MOOVE Africa B.V.

Moove Africa B.V. is a Netherlands-incorporated mobility fintech, established in December 2019. The company provides revenue-based vehicle financing to mobility entrepreneurs in ride-hailing, instant delivery, and logistics on platforms including Uber, Glovo, and Careem, using a proprietary "Drive-to-Own" model that deducts repayments directly from platform earnings and enables drivers with limited credit histories to access vehicle ownership. Moove's core differentiator is its alternative credit-scoring engine, which uses gig-platform performance data and vehicle telematics to underwrite borrowers and dynamically manage repayment risk. The company operates in 29 cities across 6 continents: Nigeria, Ghana, South Africa, Kenya, Egypt, the United Kingdom, the UAE, India, the USA (Waymo autonomous fleet operations), Brazil, Mexico, and Colombia, and acquired Brazilian urban mobility provider Kovi in January 2025. Moove's fleet operations partnership with Waymo, announced in December 2024 for Phoenix and Miami, expanded to London in October 2025, positioning Moove as an infrastructure operator for Level 4 autonomous vehicle deployments.

Sector
Manufacturing and industrials / MSME Lending, Road Transport
Markets
South Africa, Nigeria, Uganda, Ghana, Kenya
Ownership
Private

Source: Partner Researchers.