Mobility Fintech Moove raises USD 100M in Series B funding.

TLDR:

• Moove secures $100 million in Series B funding with a valuation of $750 million, with participation from Uber and Mubadala.
• The funding will enable Moove to expand its vehicle financing services globally, focusing on electric vehicles for sustainability.

Moove, a global mobility fintech company, raised $100 million in Series B funding with a valuation of $750 million. The funding, with support from Uber and Mubadala, will allow Moove to expand its customer-centric vehicle financing services to 16 markets globally by 2025, focusing on electric vehicles. Moove aims to lead the electrification of mobility while supporting economic diversification and technological advancement in the region.