Mobility fintech startup Moove supports the growth of EV networks
Founded in 2020, Moove’s vehicle financing platform helps mobility entrepreneurs on their journey towards vehicle ownership. The company is also building on its commitment to grow the use of electric vehicles by offering greener transport options for customers.
Growing a global presence in Amsterdam
Headquartered in Amsterdam, Nigerian-founded fintech startup, Moove, is making vehicle ownership easier and more accessible for mobility entrepreneurs. In a move towards clean energy, the company is also growing the use of electric vehicles in its network across global locations. Since launching in 2020, the startup’s founders, Ladi Delano and Jide Odunsi have expanded the company to six cities across Africa and to other markets around the world.
In Europe, Africa and the Middle East, Moove is the largest vehicle supplier to industry giants such as Uber. In a recent move, it was announced that the startup will help build Uber’s EV fleet in London (by 10,000 vehicles), increasing the use of cleaner energy vehicles in the UK capital. Armed with more than €2 million in funding, Moove is ready to take its next steps.
Making electric vehicle ownership accessible
Accessibility and inclusion lie at the heart of Moove’s impact goals. The startup has outlined aims to facilitate financial inclusion and gender equality for and among their consumer base, alongside greener product offerings. Their fintech platform opens vehicle financing options to individuals “who have limited or no access to a vehicle".
Taking sustainability into consideration, to increase the uptake and use of clean energy for transport, the company has also launched a rent-to-buy model for electric vehicles in Europe. To support this, they have also created an app for mobility entrepreneurs. ‘Moove Charge™’ allows drivers in London, for example, to easily locate charging stations across the city.
Green mobility innovators in Amsterdam and the Netherlands
Moove is one of many Amsterdam-based startups that are driven to make a positive impact on the world. And they’re supported by initiatives and organisations such as Impact Hub and Amsterdam Impact. Both offer networks for motivated new businesses and entrepreneurs to grow their ideas into products, services or initiatives that will drive positive changes in society, including climate actions.
In the mobility startup and scale-up sphere, Moove is in good company. In recent years, several businesses have flourished promoting underlying goals to make mobility options (including EV vehicles) more easily accessible to the general public:
- Amsterdam-founded micromobility company, Dott, is encouraging the use of e-scooters and e-bikes in many locations around Europe. These include major cities such as London, Paris, Brussels and Milan.
- Felyx’s network of 100% electric scooters is helping people in Amsterdam and other Dutch cities to get from A to B more affordably and sustainably.
- Utrecht-based Go Sharing offers a selection of electric-powered bikes, cars and mopeds to cities in the Netherlands, including the Amsterdam Area, and in other European markets.
- Operational in the Netherlands, the United Kingdom and Germany, Rotterdam-based Greenwheels provides its customers with the convenience of electric vehicles without the high costs of ownership.