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# Nigerian mobility fintech startup Moove secures $20 million in fresh funding
- URL: https://www.techloy.com/nigerian-mobility-fintech-startup-mooves-secures-30-million-in-fresh-funding/
- Published: 2022-07-02T08:57:37.000Z
- Updated: 2024-03-19T10:46:12.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Mobility, / Fintech, Moove

[Moove,](https://www.moove.io/) a fintech mobility startup operating in Nigeria has secured $20 million in its new funding round from UK-based British International Investment (BII), a government financial institution.

- The funding will help the mobility startup to purchase and import brand new fuel-enabled cars into Lagos, and lease them to drivers in a three-four years asset ownership deal.
- Moove is embedding technology and productivity data into an inclusive finance ecosystem targeted at creating sustainable jobs in Nigeria.
- It last raised $105 million in its Series A2 in March, in a combination of debt and equity financing.
- The new round brings Moove close to $200 million in total raise since launch.