Moove, a global mobility fintech, has secured $100 million in Series B funding led by Uber and existing investors Mubadala, valuing the company at $750 million. This investment will enable Moove to expand its operations to 16 markets by 2025, offering revenue-based vehicle financing, particularly for electric vehicles, and achieving profitability by the next financial year. With total equity funding reaching $250 million and debt funding at $210 million since its launch in 2020, Moove has already facilitated over 30 million financed trips, achieving annual recurring revenue of over $115 million.

Moove Secures USD $100 Million Series B Round