• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Mobility Fintech Raises £15m Financing Facility To Scale Up UK Operations

by Royal Ibeh
3 years ago
in Business
Fintech Investment Financial Internet Technology Concept

Fintech Investment Financial Internet Technology Concept

Share on WhatsAppShare on FacebookShare on XTelegram

Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in Europe, Middle East, and Africa (EMEA), has raised £15 million in debt financing from Emso Asset Management.

Advertisement

The financing facility will enable it to scale up its United Kingdom (UK) operations with the aim of having 10,000 Electric Vehicles (EVs) on the roads by 2025

Founded by entrepreneurs; Ladi Delano and Jide Odunsi, Moove launched in Lagos, Nigeria in 2020 to democratise access to vehicle ownership. Having now scaled to nine markets across sub-Saharan Africa and India, Moove is leading the charge in the ‘mobility fintech sector’, a white space it created and which is solving the challenge of limited access to vehicle financing for millions of gig workers across ride-hailing, logistics, and instant delivery sectors, of which there are around 4.5 million in the UK alone.

In a press statement, made available to LEADERSHIP, co-founder and co-CEO at Moove, Ladi Delano said: “this financing comes at a really exciting time for Moove. With our international expansion underway in the UK and India, we have already shown that affordable and accessible vehicle financing for mobility entrepreneurs is a global challenge and one we are committed to solving at Moove. We are looking forward to scaling up our operations in the UK to enable drivers to transition to electric vehicles to drive forward the electrification of mobility.”

Over the past two years, Moove has enabled sustainable job creation and a path to asset ownership, with its customers having completed over 9 million trips in Moove-financed vehicles.

RELATED

Dangote Refinery’s Completion To Make Naira Stronger

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

5 hours ago
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

5 hours ago

London is the global leader in Uber’s electrification efforts, with over 7,000 EVs on the platform, the most of any Uber city. Moove’s London operations will enable Uber to progress towards its goal of becoming an all-electric platform in the capital by 2025.

estimates that the 10,000 EVs it plans to finance by 2025 in London will contribute to a reduction of around 63,000 megatonnes of carbon dioxide emissions per year.

To enable this transition to EVs in London, Moove also launched Moove Charge, the first end-to-end charge experience and complete EV charging network app specifically for ride-hailing drivers.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


SendShareTweetShare
Previous Post

Nigeria Leads Developed Financial Market In Africa

Next Post

Federal Govt To Telcos: Reverse 10% Upward Tariff Adjustment

Royal Ibeh

Royal Ibeh

You May Like

Dangote Refinery’s Completion To Make Naira Stronger
Business

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

2025/06/08
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations
Business

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

2025/06/08
JUST IN: Nigerian Stocks End 8-Day Gains As Banks Slide
Business

‘Dangote Petrochemicals Listing To Boost Nigeria’s Stock Market’

2025/06/08
NLNG Ties 2023 Science Quiz Competition To Net Zero Emission
Business

NLNG Launches Human Capital Devt Programme Under Train 7 Project

2025/06/08
SEC Warns Nigerians Against Unregistered Investment Schemes
Business

New Meme Coin, PUNISHER COIN, Not Registered – SEC

2025/06/08
AMMC Begins Intensive Traffic Control On Airport Road
Business

Lagos, Abuja Top Nigeria’s 2025 Global Startup Index

2025/06/08
Leadership Conference advertisement

LATEST

2027: Lagos Group Pushes For Tinubu, Ambode Mandate

Youth Group Condemns Afenifere Faction’s Call For Tinubu’s Impeachment

VC Harps On Strategic Research To Achieve SDGs

The Bold Victory Of The Justified Believer In Christ

Insecurity: Army Chief Boosts Morale Of Frontline Troops In Akwa Ibom

FCT, Neighbouring States To Experience Thunderstorms, Heavy Rainfalls

Romanian Cuisine: Fresh, Healthy, Full Of Flavour

Sjogren’s Syndrome: Managing The Hidden Autoimmune Challenge

NSC Announces Election Petitions, Appeals Committees

Khadeejah Wins Big At Campus Invasion

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.