Mobility fintech firm Moove, Uber partner to provide financing to drivers

Moove provides vehicle financing to mobility entrepreneurs to help them buy brand new cars using a percentage of their weekly revenue

Moove, the mobility fintech firm and  Uber’s largest vehicle supply partner in EMEA, said it is launching in India as a part of its global expansion. Moove, which provides revenue-based financing to mobility entrepreneurs, has expanded from its African roots to Mumbai, Hyderabad, and Bengaluru. The startup offers accessible vehicle financing exclusively to drivers on Uber’s platform.

Moove aims to launch 5,000 CNG and electric vehicles within the first year. The company plans to scale to 30,000 vehicles over the next five years.

“We’re expanding our revenue-based vehicle financing model to enable the sustainable creation of jobs across the country,”