, the Nigerian-born mobility fintech, is making waves in the global mobility scene. Founded in 2020 by and , the startup has reimagined asset financing for ride-hailing drivers. Now, Moove is gearing up for its next major leap: a that could elevate it to an elusive —landing the company firmly in unicorn territory, according to The Information

At its core, Moove’s model is elegantly simple yet impactful—drivers gain access to cars through a , with monthly payments tied directly to their ride-hailing income. This approach tackles the formidable barriers many gig workers face when qualifying for traditional loans—high interest rates, inflexible repayment schedules, and access limitations.

Since its launch, Moove has demonstrated rapid traction. Annual revenue has skyrocketed from , translating to approximately , driven by growing demand across emerging markets. Today, Moove operates in spanning , with its next frontier being the United States.

One of Moove’s most transformative steps is its recent partnership with Waymo, Alphabet’s autonomous vehicle initiative. Starting in Phoenix, and soon expanding to Miami, Moove has taken charge of charging, cleaning, and maintaining Waymo’s self-driving electric vehicles. This marked Moove’s entrance into the U.S. mobility infrastructure domain—a strategic extension beyond driver financing. As Waymo rolls out more extensive operations, Moove is positioning itself as a key logistics partner, ensuring planetary-scale scalability for autonomous fleets.

In January 2025, Moove acquired Kovi, a Brazilian mobility-finance platform, deepening its presence in Latin America and solidifying its global asset base. This acquisition is part of a broader strategy that leverages regional strengths to fortify its competitive edge worldwide. With over 2,100 employees, including nearly 90 new hires in the U.S., Moove is building a transcontinental infrastructure capable of supporting autonomous fleets and continued market expansion.

Beyond metrics and partnerships, Moove’s initiatives have real-world impact. Thousands of gig drivers—who once were locked out of vehicle ownership—now drive their own cars under a transparent, income-aligned payment structure. The company’s traction in electric vehicles also contributes to cleaner urban transport ecosystems.

But Moove’s ambitions extend further. Its expansion into reliable infrastructure for autonomous fleets showcases a broader vision: to be both a tool for driver empowerment and a critical enabler of future mobility.

As Moove navigates its fundraising journey, it faces both immense opportunity and obstacles:

Yet, the company’s robust metrics, strategic partnerships, and disciplined growth philosophy position it well. If it crosses the $1B valuation threshold and continues its US runway, Moove could redefine how vehicle financing and fleet infrastructure intertwine—leading the charge in global ride-hailing, electric mobility, and autonomous vehicle operations alike.

The Takeaway

Moove’s journey from a Nigerian startup helping ride-hailing drivers afford vehicles, to a rising global operator in autonomous vehicle logistics, is nothing short of transformative. With a promising new funding round and a track record of thoughtful expansion, Moove is not just chasing unicorn status—it’s building systems that could power tomorrow’s mobility.