Moove Secures $20m Debt Funding From British International Investment
![Moove Secures $20m Debt Funding From British International Investment](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/1530d0e642b06517a9893769a9381458.jpg)
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
The British International Investment, the UK government’s Development Finance Institution has announced that it has invested $20 million in debt funding in Nigeria’s mobility financing startup Moove. Moove, which raised...
show moreMoove, which raised $10 million in debt financing in February and mega funding of $105 million a month after, has shown that it has a huge appetite for funding.
Ladi Delano, co-founder and co-CEO at Moove, says BII’s strategic support will play a key role in its mission to build the world’s largest integrated vehicle financing platform for mobility entrepreneurs.
Delano says that the new debt funding puts his company in a stronger position to use its technology and productivity data in creating a more inclusive financing ecosystem
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company