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Tuesday, October 4, 2022

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Moove Signs MoU with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Globally

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Tunis, Tunisia – 31 August 2022. Moove, the world’s first mobility fintech, today announced the signing of a Memorandum of Understanding [MoU] with MUFG, one of the world’s leading financial groups and Suzuki, one of the world’s leading manufacturers of vehicles for mobility businesses. Through this MoU, Moove, which provides revenue-based financing to mobility entrepreneurs, aims to advance financial inclusion and job creation as well as upskilling opportunities in the sector.

Signed at the eighth Tokyo International Conference on African Development [TICAD] conference, the tri-party MoU is an important milestone for African fintech and underscores the opportunity to leverage technology to improve the livelihoods of millions of people in emerging markets. Moove’s alternative credit scoring technology will enable access to vehicle financing to mobility entrepreneurs, backed by the strength of MUFG’s global network…

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