Moove signs an agreement with MUFG and Suzuki to promote the financial inclusion of mobility actors across Africa. The signing ceremony took place on the occasion of the eighth Tokyo International Conference on African Development [TICAD].

Moove, the world's first fintech dedicated to mobility, has announced the signing of a memorandum of understanding with MUFG, one of the world's leading financial groups worldwide, and Suzuki, one of the world leaders in vehicles for mobility activities. Through this memorandum of understanding, Moove, which provides income-based finance to mobility entrepreneurs, aims to promote financial inclusion, job creation and skills-building opportunities in the sector.

The tripartite agreement is one of the first to include an African fintech, and creates an opportunity to use technology to improve the livelihoods of millions of people in markets emerging. Moove's alternative credit assessment technology will provide access to vehicle finance for mobility entrepreneurs, with the support of MUFG's financial services capabilities and Suzuki's expertise in providing sustainable, high performance vehicles and & high; coefficients.