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Moove

Moove provides revenue-based vehicle financing to ride-hailing drivers, structuring installment-to-ownership contracts backed by alternative credit data.

Moove

mOOve is a company founded in 2018 in Italy, specializing in sustainable urban mobility solutions. It offers a modular, prefabricated cycling path system made from recycled materials, which can be installed without excavation or roadwork. The system incorporates sensors, LED lighting, and data analytics to support smart city initiatives and enhance cyclist safety.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

Latin America

Country

Brazil

City

Sao Paulo

Corporate office

Sao Paulo, Brazil

Sector focus

FinTechMobility & TransportationEnergy Transition & Renewables

Frequently asked questions

How does Moove structure its financing for drivers?

Moove purchases vehicles outright and enters installment-to-ownership agreements with drivers who work on ride-hailing platforms such as Uber. Payments are structured as a portion of the driver's weekly revenue, deducted automatically. The firm retains legal ownership of the vehicle until the driver fulfills the installment term, at which point the title transfers. This model places asset risk on Moove's balance sheet rather than offloading it to a bank or the driver during the contract period.

Which markets does Moove operate in?

Moove's website lists operations across sub-Saharan Africa, South Asia, and Latin America, with a headquarters in Sao Paulo, Brazil. The firm's earliest known deployments were in Nigeria, and it has since expanded to additional African nations and India. It does not publish a complete country list on its public site.

What types of vehicles does Moove finance?

Moove finances cars, bikes, and lorries for drivers who intend to earn on partner ride-hailing and logistics platforms. The firm's public commitment to a 60% clean-energy fleet includes hybrid and electric models. Vehicle selection in a given market depends on the platform partners active in that region.

Who are Moove's ride-hailing platform partners?

Moove references working with partner platforms but names only Uber explicitly. The firm's model is designed to interoperate with multiple gig-economy networks. No formal partner list beyond Uber was accessible at the time of this research.

Who runs Moove?

Moove does not name its founders, CEO, or investment committee on its consumer-facing website. The absence of a leadership page is unusual for a fintech of its scale, though rapid early-stage firms occasionally deprioritize organizational transparency before institutional capital raises. Without a sourceable attribution, the named principals remain unconfirmed.

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