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New Deal


Announced

Completed

Uber led a $100m Series B funding round in Moove.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Nigeria

fintech

FinTech

Acquisition

Cross Border

Minority

Private Equity

Completed

Friendly

vehicle financing platform

Synopsis

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Uber, a company that develops, markets, and operates a ride-sharing mobile application, led a $100m Series B funding round in Moove, the global mobility fintech, with participation from Mubadala, a private equity firm. “This validation from Uber and others stands as a testament to the fact that what was once a dream is now a palpable reality. This infusion of capital is set to amplify the immensely positive impact our products have in the lives of our customers on a much broader spectrum. I would like to extend my heartfelt gratitude to our dedicated team of Moovers for their relentless effort and commitment, which has been pivotal in reaching this significant milestone on our company’s journey,” Ladi Delano, Moove Founder.

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