Moove, which offers vehicle financing to gig drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider, in an all-share transaction.

Uber Technologies Inc.-backed Moove acquired Brazil’s Kovi as part of plans to further grow its income and footprint outside of Africa.The equity deal for an undisclosed amount would place the $750 million startup among the world’s top three fleet operators and financiers of ridesharing vehicles by revenue,

Uber-backed Nigerian mobility fintech startup Moove has acquired Kovi, a YC-backed Brazilian car rental startup. The acquisition will support the startup’s continued global expansion, with operations

A Moove, startup apoiada pela Uber Technologies, adquiriu a brasileira Kovi como parte de seus planos para aumentar ainda mais sua receita e expandir sua presença fora da África.