British-Nigerian entrepreneur Ladi Delano is steering Moove toward a $2 billion valuation. The vehicle-financing startup plans to raise over $300 million to expand its mobility services across Africa, the U.S., and Latin America.
Since launching in 2020 with co-founder Jide Odunsi, Moove has financed more than 36,000 mobility entrepreneurs across 20 markets and completed over 50 million trips.
Its platform uses a credit-scoring system to help drivers access financing for ride-hailing, logistics, and delivery vehicles, with repayments based on weekly income.
Moove recently entered the U.S. through a partnership with Waymo, managing the cleaning, charging, and storage of its electric robotaxi fleet in Phoenix and Miami.
Earlier this year, it acquired Brazil-based mobility platform Kovi, adding fleets in Brazil and Mexico and bringing advanced driver analytics technology to the company.
Under Delano’s leadership, Moove’s annualized revenue has grown from $50 million in 2024 to nearly $400 million today, and the company reached EBITDA break-even last September.
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