Welcome to TechCrunch Fintech! This week we’re looking at a startup out to help people navigate long-term care, a flurry of activity in Africa, another fintech company shutdown, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The…
Category: Moove
Africa, Global IT News, Global Security News, Kovi, latin america, mobility fintech, Moove, ride-hailing, Transportation
Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M
Uber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider. The value of the deal is not being disclosed, but Moove confirmed it was an all-share transaction, and Kovi is now wholly owned by Moove. Moove co-founder and…