About Moove
Moove is a Financial Services company based in Lagos (Nigeria) founded in 2020 by Ladi Delano and Jide Odunsi. Revenue-based vehicle financing is offered to mobility entrepreneurs. It operates in the Financial Services and Transportation, Automotive & Logistics sectors. Moove has raised $471.5 million across 18 funding rounds from investors including Uber, MUFG Bank and Absa Group. The company has 728 employees. Moove has completed 1 acquisition, including Kovi. Moove was last valued at $2.1 billion in August 2026. Its chief executive, as recorded, is Ladi Delano. Its website moove.io draws about 96 thousand monthly visits. Moove offers products and services including Vehicle Ownership Program and Driver Application Service. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans.
Company details
Founded in 2020 and based in Lagos, Nigeria, revenue-based vehicle financing is provided by the company to mobility entrepreneurs. Vehicles are enabled to be purchased by drivers using alternative credit scores. Proprietary performance and revenue analytics are utilized for loan underwriting. Services apply to ride-hailing, logistics, mass transit, and instant delivery sectors across relevant geographies.
Products & Services of Moove
Moove offers a comprehensive portfolio of products and services, including Vehicle Ownership Program and Driver Application Service.
Platform for drivers to finance and own vehicles through partnerships.
Service to apply and get verified for vehicle driving opportunities.
Funding Insights of Moove
Moove has successfully raised a total of $471.5M across 18 strategic funding rounds. The most recent funding activity was a Series C round of $250 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $471.5M
- Total Rounds 18
- Last Round Series C — $250M
- First Round $5.5M
(Jun 2020)
- Investors Count 48
Latest 10 of 18 funding rounds of Moove with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $250M | Series C | – | Mubadala | |
| Mar 2024 | $100M | Series B | – | Future Africa, Uber | |
| Feb 2024 | $10M | Debt – Venture | – | – | |
| Aug 2023 | $66M | Series B | $550M | Mubadala | – |
| Aug 2023 | $10M | Debt – Venture | – | – | |
| Jul 2023 | $8M | Debt – Conventional | – | – | |
| May 2023 | $20M | Debt – Conventional | – | – | |
| Dec 2022 | $30M | Debt – Conventional | – | – | – |
| Oct 2022 | $16.99M | Debt – Conventional | – | – | |
| Jul 2022 | $20M | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $550M | •••••••• |
Full valuation and stage history of Moove
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $2.1B (Aug 2026). 48 investors in total: 46 institutional and 2 angel.
Investors in Moove
Moove has secured backing from 48 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Uber, MUFG Bank and Absa Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| thelatest.ventures | ||||
Private equity firm | africinvest.com | Paris, France | ||
Venture capital investment firm | palmdrive.vc | New York, United States | ||
Venture capital firm investing in multiple sectors | future.africa | Lagos, Nigeria | ||
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Early-stage venture capital and startup acceleration are provided. | 2011 | speedinvest.com | Vienna, Austria | |
Venture debt is provided to growth-stage companies across multiple sectors. | 1998 | kreoscapital.com | London, United Kingdom | |
Investments are directed toward high-growth consumer and internet technology companies. | leftlane.com | Brooklyn, United States | ||
| nbkcpartners.com |
Investor details for Moove
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Moove
4 people are tracked at Moove (4 in leadership); the tracked headcount is 728.
| Name | Role | Group |
|---|---|---|
Ladi Delano | Co-Founder & Co-CEO | Leadership |
Jide Odunsi | Co-Founder & Co-CEO | Leadership |
JO | Co-CEO | Leadership |
LD | Co-CEO | Leadership |
Complete people profiles for Moove
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Investments & Acquisitions by Moove
Moove has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kovi.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Car rental services are facilitated via an online booking platform. | kovi.com.br | Sao Paulo, Brazil | 2018 | Jan 2025 | •••• |
Complete acquisition details for Moove
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Timeline of Moove
6 dated milestones of Moove across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Moove is founded.
- Funding First funding round of $5.5M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Kovi.
- Funding Latest funding round, Series C, of $250.0M.
- Milestone Reaches Unicorn status.
Web traffic of Moove
The website of Moove (moove.io) receives about 96.1K visits a month.
- Monthly visits96.1K
▲ 48.8% vs previous month
Websites whose visitors overlap most with Moove. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
moovemfc.co.za | moovemfc.co.za | 100% | #862,443 | – | |
zimcompass.com | zimcompass.com | 85% | #422,749 | – | |
| google.com | 72% | 85.8B | #1 | View details | |
| linkedin.com | 72% | 1.9B | #18 | View details | |
| mooveagency.com | 62% | 13K | #1,871,947 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Moove
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Related news about Moove
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Frequently Asked Questions about Moove
Moove was founded in 2020.
Moove is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Ladi Delano is the CEO of Moove, as recorded in our data. They have also founded this company.
Moove is a funded company, having raised a total of $471.5M across 18 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Jun 2020.
Moove has 728 employees.
Founded in 2020 and based in Lagos, Nigeria, revenue-based vehicle financing is provided by the company to mobility entrepreneurs. Vehicles are enabled to be purchased by drivers using alternative credit scores. Proprietary performance and revenue analytics are utilized for loan underwriting. Services apply to ride-hailing, logistics, mass transit, and instant delivery sectors across relevant geographies.
Moove offers Vehicle Ownership Program and Driver Application Service.
Moove has made 1 acquisition, including Kovi.
Moove has 48 investors. Key investors include Uber, MUFG Bank, Absa Group, International Finance Corporation, and BlackRock.
The valuation of Moove is $2.1B as of Aug 2026.