Company profile
Neofleet Capital Ltd
Neofleet Capital Ltd (Neofleet) is a Cyprus-based mobility finance company that finances and manages vehicle fleets for professional taxi and ride-hailing operators. Headquartered in Limassol, Neofleet combines vehicle financing, fleet management technology, operations and maintenance support, and insurance in what the company calls a Fleet Management Franchise model. Neofleet reports operations in Senegal, Côte d'Ivoire, and Peru, and a network of 650 vehicles as of October 2026. The technology layer covers fleet and driver scoring, telematics, vehicle monitoring, maintenance management, and payment control. Neofleet generates revenue from interest and fees on fleet financing and from rental income on vehicles that Neofleet owns.
- Sector
- Financial services / MSME Lending
- Markets
- Côte d'Ivoire, Senegal
- Founded
- 2023
- Ownership
- Private
- Stage
- Startup
- Capital raised
- $4m
- Employees
- 11-50
- Business model
- B2B Financial Services
Products and services
Fleet Management Franchise, Vehicle Financing, Instalment-Sale Structures, Vehicle Rental & Fleet And Driver Management Software
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 8 Oct 2026 | DMTech VC and parterns invest USD 4 million in NeoFleet Capital | Venture Capital | $4m | Senegal |
Source: Partner Researchers.