Moove raised $100M in a Series B funding round led by Uber, with participation from Mubadala and other investors, reaching a valuation of $750M.

Moove, an African mobility fintech company, secured a $100 million Series B funding round led by Uber, along with sovereign wealth fund Mubadala and several other investors, resulting in a post-money valuation of $750 million. The funding will support Moove's expansion into new markets and its plans to introduce more than 20,000 electric vehicles (EVs) on Uber. Moove plans to use the new capital to expand its revenue-based vehicle financing platform to 16 markets by the end of 2025.