Moove

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Investment Strategy
Industry
Current or past
Date of investment
Transaction Type
Country
Sector
Private Credit
Transportation
Current
February 2022
Growth capital
UAE
Transportation – Mobility

NBK Capital Partners Mezzanine Fund II

Moove is an African  mobility fintech that is democratizing vehicle ownership by providing revenue-based vehicle financing to mobility entrepreneurs across Africa,where limited access to vehicle financing has resulted in the lowest per capita car ownership in the world. The company is Uber’s exclusive vehicle financing and vehicle supply partner in sub- Saharan Africa.Since launching in 2020, there have been more than 2 million trips completed in Moove-financed vehicles.

     

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