Clinton999:
We moveeeeeee!!!



Nigerian-born, Amsterdam-headquartered Moove has raised $105 million in a
Series A2 round. This raise adds on to a $23 million Series A round announced in
August of last year, bringing the company’s total funding to date to $173.2
million.
Moove provides entrepreneurs active in the mobility sector, e.g. ride-hailing,
logistics, or last-mile delivery marketplace services, with revenue-based vehicle
financing services. Currently operating in Lagos, Accra, Johannesburg, Cape
Town, Nairobi, and Ibadan, the company intends to use the funding to make a
strong push into 7 new (unspecified) markets in Europe, Asia and MENA by the
end of June of this year.
With the growth, and growing pains, of the gig economy being massively
accelerated by the pandemic, there’s been a developing industry bubbling up just
below the surface addressing a number of pain points. However, the number of
services supporting gig economy workers might be a moot point if the necessary
tools, or upfront investment capital to obtain them, aren’t readily available.
In the case of ride-hailing, logistics, or last-mile delivery services, each one of
these operations requires a vehicle of some type. But if a budding entrepreneur
doesn’t already own said vehicle, the chicken and egg problem becomes readily
apparent. Financing a vehicle is an option, but a minimum credit score is often
involved, oftentimes a barrier to entry.
Now compound this conundrum in the emerging tech market that is Africa, an
area of the world with low access to credit, resulting in fewer than 5% of all
vehicles purchased via financing options, and vehicle ownership numbers less than
44 cars per 1,000 people.
In comparison, 91.8% of all vehicles in Europe are purchased via financing
options with an ownership ratio hovering around 569 per 1,000 people.
Launched in 2020 by Ladi Delano and Jide Odunsi, Moove is addressing this divide,
integrating its technology with ride-hailing, logistics, and instant delivery
marketplaces, and using an alternative credit scoring method to offer customers
brand new vehicle financing options, all based on a percentage of their weekly
revenue. In Nigeria, Moove offers this service with attractive interest rates,
between 10 and 13 percent, whereas banks average between 20 and 25 percent.
Experiencing overwhelming demand and exponential growth across Africa, the
company counts over 3 million trips completed via vehicles they've financed,
amassing some 25 million kilometers on the collective odometres.
But when you look past just the capital, Moove is offering much more than just
financing options. The company’s ethos includes promises: 50% of Moove’s
customers are women, 60% of all loans are used to purchase EV or hybrid
vehicles, and all drivers are provided banking services via the Moove wallet.




Source: https://tech.eu/2022/03/14/mobility-sector-vehicle-financing-
options-platform-moove-raises-105-million-as-it-charts-a-course-for-
europe/

Moove no dey Ibadan o. No lie abeg

Dollywood:
Are we living in the same country? No way. You be eating Turkey and cooking expensive food in this hard times. I thought we all suffering together.

Apart from the turkey, this ain't expensive tho

1stola:

Keep living in your misery of hate.
Osu people will never still match up to Yorubas.
The OSUS will continue to feel inferior and will continue to think that every one hates them whereas in the real sense, they are the ones hating and jealous of others. No one gives a fùck about them.
Who pass you don pass you.

No time for tribalism.

OkpaAkuEriEri:

Go girl! Ur a success
Don't mind ur afonja h8rs.
Bisola is still a tenant. No car. No business. Just sorking dick upandan

State facts bruh. Say the truth. No time for tribalism

Humility017:

you should be happy your kids took interest in football...who knows someday one of them may opt to become a professional footballer...
that's something great...

True!!!

dat9jaguy:



Everybody have their styles or ways of doing things.
That lady has her style,Emmanuel Macron has his style,Trump has his style,PMB has his style.
There should be no basis for comparison.

No basis what so ever!!!!!!

no resemblance bruh. except you talking bout the hairstyle

that's why we cant move forward. every man is for himself round here. what beats me is how we take carry church for head, but we never seem to practice what we preach!

Gwazah:

True talk man!

homie she marry one Uyo dude. they even have a son together

Last2comment:
Good job by her.









All my Uyo brothers, are you guys standing by and seeing tatooed oyibo pekus go to waste.