Africa: Neofleet Capital Raises $4m for African Taxi Fleets

Africa: Neofleet Capital Raises $4m for African Taxi Fleets

Cyprus-based mobility finance company NeoFleet Capital secured $4 million in a pre-seed funding round to scale its professional taxi fleet financing model and build infrastructure for autonomous mobility. DMTech VC, a venture fund focused on fintech and asset-backed finance, led the round alongside other private investors, including Mark Loughran, former president and chief financial officer of inDrive, who also joined NeoFleet as president and …

NeoFleet Capital raises $4M pre-seed to finance taxi fleets in Senegal and Côte d’Ivoire

NeoFleet Capital, a Cyprus-based mobility fintech that funds taxi fleets in emerging markets, has raised $4 million in a pre-seed round. The round mixes equity and debt, and Mark Loughran, a former inDrive executive, has joined as President and co-founder; the money will go toward expanding its corporate fleet financing model across emerging markets including […]

NeoFleet Capital raises $4m pre-seed to fund taxi fleets across Africa and the Global South

Mobility fintech NeoFleet Capital has secured a $4 million pre-seed round to expand its taxi fleet financing model and build infrastructure.

NeoFleet Raises $4 Million to Transform Taxi Financing and Prepare for Autonomous Mobility

Cyprus-based mobility finance company NeoFleet has raised $4 million in a pre-seed funding round as it looks to expand its vehicle financing business and develop infrastructure that could support autonomous mobility in emerging markets. The company currently operates in Senegal, Côte d’Ivoire and Peru, where it provides financing and fleet-management services to professional taxi and ride-hailing operators. The round combines equity and debt and…

NeoFleet Capital raises $4 million to finance taxi fleets

NeoFleet, a Cyprus-based mobility finance company that operates in Senegal, Côte d'Ivoire, and Peru, has raised a $4 million pre-seed round.

Limassol-based NeoFleet Capital raises €3.5 million to finance taxi fleets across emerging markets

NeoFleet Capital, a Limassol-based investment and technology platform that finances professional taxi fleets, has raised €3.5 million in pre-Seed funding. The round was backed by Mark Loughran, former President and CFO of global ride-hailing operator inDrive, along with other private investors, and he has joined NeoFleet Capital as President and co-founder. “We address a fundamental […]