Moove secures $100 million in series B funding
Moove, a mobility fintech startup, announced Tuesday it has raised $100 million in Series B funding.
The round, led by Uber, includes contributions from its previous investor Mubadala, as well as new investors such as The Latest Ventures, Africinvest, Palm Drive Capital, Triatlum Advisors AG, and Future Africa. BofA Securities provided strategic financial guidance for the deal.
The investment, according to the startup, will enable it to scale globally, extending its operations to 16 markets by the end of 2025.…