- Moove expands operations in Mexico, marking its eighth market, following a successful U.S. debut and 100 million Series B funding round.
- The firm aims for profitability by 2025, focusing on empowering gig workers and promoting sustainable mobility through access to vehicles and financial independence.
- Moove partners with global platforms like Uber and transitions to electric vehicles, targeting high-potential markets in its strategic growth plan.
Moove, the global mobility fintech firm led by British-Nigerian entrepreneur Ladi Delano, has officially launched operations in Mexico, marking its latest expansion in a series of strategic moves across the globe.
The startup, which aims to achieve profitability next year, is committed to empowering gig workers and promoting sustainable mobility in North America. By providing drivers with access to vehicles and financial independence, Moove is seeking to address the growing demand for ride-hailing services in the region.
Moove's strategic growthThis expansion aligns with Moove's broader strategy of targeting high-potential markets and leveraging its replicable business model. By partnering with global platforms like Uber and transitioning to electric vehicles EVs, the company is appealing to investors seeking sustainable and socially responsible enterprises.
The move comes just one month after its U.S. debut and follows a successful 100 million Series B funding round led by Uber , enabling further growth in key markets such as India, the UAE, and the UK. This latest launch marks Mooves eighth market, joining Nigeria, Ghana, South Africa, the UK, UAE, India, and the U.S.
We're thrilled to announce our official entry into Mexico, said Ladi Delano, CEO of Moove. This expansion is a testament to our commitment to empowering drivers and promoting sustainable mobility on a global scale.
