British-nigerian Entrepreneur Ladi Delano's Moove Eyes Unicorn Status

Moove targets 300 million raise to join global fintech unicorn club amid surging demand for EV fleet financing and autonomous mobility solutions.

Waymo, Kovi deals fuel Moove's U.S. expansion and 360 million revenue surge, positioning it as a key player in the electric robotaxi and fleet-management ecosystem.

Moove spans 19 markets, delivering over 50 million rides and championing electric mobility with strong ESG and AV ambitions.

Moove, the global mobility fintech firm led by British-Nigerian entrepreneur Ladi Delano, is lining up a 300 million financing round that could catapult its valuation beyond the 1 billion unicorn threshold.

The fresh capital comes on the heels of Mooves 100 million raise in 2024 at a 750 million valuation, led by Uber and Mubadala Investment Company, pushing the firms total debt and equity haul to 750 million.

Last years landmark tie-up with Waymo , Alphabets autonomous driving arm, marked Mooves entry into the U.S. fleet-management arena. The firm now handles cleaning, charging and storage for Waymos electric robotaxi fleets in Phoenix and Miami, as the driverless service ramps up commercial operations. Co-founder Delano says the Waymo deal underscores Mooves commitment to integrating advanced mobility solutions into its core lending and fleet services.

Mooves January acquisition of Kovi , a Brazilian ride-hailing finance specialist, turbocharged its top-line growth. Annualized revenue leapt from 115 million to 360 million in just over a yearequating to an average of 30 million in monthly revenues. This performance is driven primarily by the companys vehicle-financing model for Uber drivers and expanding fleet-management contracts in North America.

Since its 2020 launch by Delano and Jide Odunsi, Moove has closed financing deals for over 30,000 mobility entrepreneurs across 19 markets spanning Africa, the Middle East, Europe, Asia and Latin America. Its vehicles have logged more than 50 million trips. In the UAE, Moove is piloting fully integrated charging networks and a 100 percent electric-vehicle fleethallmarks of its sustainability agenda.