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This mobility fintech startup is offering affordable motorcycle financing solutions to Africans

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
This mobility fintech startup is offering affordable motorcycle financing solutions to Africans
Photo by Daiju Haga / Unsplash

Movel, a mobility fintech startup based in Africa, is revolutionizing the continent's mobility sector by providing motorcycle financing to entrepreneurs in the logistics and instant delivery industry.

With millions of people relying on motorcycles as their primary mode of transportation, Movel's mission is to bridge the gap between motorcycle financing and financial inclusion, while also promoting economic growth and development in Africa.

Co-founders Valerie Okpagu and Benjamin Mebele created Movel with the aim of empowering mobility entrepreneurs with the tools and resources they need to succeed.

The company has already helped several mobility entrepreneurs access motorcycle ownership, with a record of over 160K+ total KMs driven with Movel Financed Motorcycles and over 35K+ total Ride Hailing & E-Logistic Hours in Movel Financed Motorcycles.

Image: Movel

Movel is also providing financial services to logistics and instant delivery platforms that rely on motorcycles to transport goods quickly and efficiently.

Movel follows three major procedures: application, verification, and driving, to make owning a motorcycle simple and hassle-free for entrepreneurs. The company offers flexible and accessible financing options to ensure every entrepreneur can find a solution that works for them.

Movel's financing is inclusive, ensuring that entrepreneurs who would traditionally be excluded from the market can access financing and own their motorcycles.

The company's innovative approach to motorcycle financing and financial services has already made a significant impact in the African market, and Movel is poised for even greater success in the coming years.

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah

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