Moov Leasing increases its share capital by selling 10% of its equity

Moov Leasing announces the selling of 10% of its equity for EUR 5 million. The transaction, supported by existing investors, strengthens the company’s equity, which is estimated to reach EUR 15 million by the end of 2024.

The financial results reported at the end of September show total assets of EUR 43.5 million, revenues of EUR 10.6 million, and a net profit of EUR 2.5 million. As of September 30, 2024, Moov Leasing’s fleet included 642 vehicles, serving over 500 clients.

In the first nine months of 2024, over 17,000 operational leasing requests were initiated on the Moov platform, with more than 900 approved, and 420 of these resulting in vehicles delivered by September 30, 2024.

Moov Leasing’s services are aimed at small and medium-sized enterprises (SMEs), sole traders (PFA) and individuals who need one or two cars, offering them flexible and affordable solutions.

SEE ALSO: Garanti BBVA Leasing, EUR 7 million for micro and small enterprises

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