Day: August 6, 2026

  • Mobility Fintech Moove Raises $250M at $2.1B Valuation to Scale Autonomous Mobility

    Mobility Fintech Moove Raises $250M at $2.1B Valuation to Scale Autonomous Mobility

    Moove, a global mobility fintech, has raised $250 million in Series C funding at a $2.1 billion valuation as it expands its infrastructure platform for autonomous transportation. The round was led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s growth fund, and Ion Pacific.

    The funding will support Moove’s autonomous vehicle operations, expansion into new markets, and development of its robotics-first depot infrastructure. The company also plans to more than triple its autonomous mobility workforce, growing from around 150 employees to approximately 500 by the end of the year.


    Building the Financial and Operational Layer for Mobility

    Moove is developing infrastructure that goes beyond autonomous vehicle technology. Its platform combines fleet ownership, financing, charging, maintenance, logistics, and operational management to help mobility fleets operate at scale.

    Its robotics-first depots, known as “Nests,” are designed to charge, service, maintain, and coordinate autonomous vehicles around the clock.

    Through its partnership with Waymo, Moove already operates as a third-party autonomous vehicle fleet manager, with operations live or announced in Phoenix, Miami, and London.


    Scaling From Ride-Hailing Infrastructure to Autonomous Fleets

    Moove’s autonomous strategy builds on five years of experience financing and operating mobility infrastructure for human-driven vehicles. Since launching in Lagos in 2020, the company has expanded to approximately 42,000 vehicles across 29 cities in 13 countries.

    Today, Moove employs around 3,300 people globally and reports $420 million in annual recurring revenue. It has also expanded through acquisitions including Kovi in Brazil and Tokyo Taxi in Japan.

    The latest investment gives the mobility fintech additional capital to extend this infrastructure model into autonomous transportation and support international expansion.


    Key takeaways for fintech startups

    Moove demonstrates how fintech can evolve beyond traditional financial products by becoming embedded directly into physical infrastructure. Key lessons include:

    • Financial infrastructure can unlock growth in capital-intensive industries.

    • Combining financing, technology, and operations can create stronger platform businesses.

    • Emerging mobility models create opportunities for fintechs to become part of the underlying infrastructure.

    As mobility becomes increasingly technology-driven, fintech companies have an opportunity to provide the financial infrastructure that enables new transportation models to scale. Contact us to explore how Your Fintech Story can support your fintech growth and market strategy.

  • Former Nubank Executives Launch Decade With $85M to Reinvent Wealth Management

    Former Nubank Executives Launch Decade With $85M to Reinvent Wealth Management

    Decade, a Brazilian AI-powered wealth management startup, has emerged from stealth with $85 million in seed funding. The round was backed by Greenoaks, Benchmark, and Diffusion, with the company describing it as the largest seed investment raised by a startup in Latin America.

    Founded by former Nubank executives Vitor Olivier and Felipe Meneses, Decade is building a wealth management platform that combines proprietary AI models with human financial advisors. The company is currently available through a waitlist.


    Combining AI With Human Financial Advice

    Decade aims to bring investment management and financial planning into a single platform. Its technology is designed to track assets, identify inefficiencies in portfolios, and provide investment guidance based on a customer’s broader financial situation.

    Each customer is paired with a senior human advisor who can be reached through WhatsApp or video. The advisor is supported by Decade’s AI model, which the company says can retain a customer’s financial context and previous conversations.

    The approach is designed to combine the scalability and continuous analysis of AI with human involvement in financial decision-making.


    Building AI-Native Wealth Management

    Decade’s founders bring experience from Nubank and Hyperplane, the data intelligence company acquired by Nubank in 2024. Vitor Olivier now serves as Decade’s CEO, while Felipe Meneses leads the company’s AI development.

    The startup is positioning AI as a way to make sophisticated financial analysis more accessible beyond traditional high-net-worth clients. Its technology is intended to continuously analyse financial information, monitor investments, and reason across a customer’s overall financial position.


    Key takeaways for fintech startups

    Decade’s launch highlights how AI is changing the approach to wealth management. Key lessons include:

    • AI can make continuous financial analysis more scalable.

    • Combining automation with human expertise can strengthen trust in financial services.

    • Personalised financial guidance is becoming more accessible through AI-native platforms.

    As AI continues to reshape wealth management, fintech companies need to balance technological innovation with trust, expertise, and customer needs. Contact us to explore how Your Fintech Story can support your fintech strategy and growth.