Moove, the African fintech company that finances vehicles for ride-hailing companies, is expanding its operations into the U.S. As per Tech Cabal, the company has listed vacancies for roles in Los Angeles and California since August. Also, the move is part of the company’s effort to improve its profitability.

The company currently operates in six markets—Nigeria, South Africa, Ghana, the U.K., India, and the UAE—and plans to expand to six additional countries by 2025.

Three years ago, Moove announced that it was Uber’s exclusive vehicle financing and vehicle supply partner in sub-Saharan Africa, with Moove-financed cars having completed more than 850,000 Uber trips covering over 13 million kilometers across the continent.

“The U.S. expansion may play out like Moove’s 2023 move into the UAE, where it operates a 100% EV fleet, some of which accounted for the largest number of EV trips on the Uber UAE platform in the same year. It also operates EV fleets in the U.K. and is preparing to introduce more than 20,000 EVs on Uber in India,” according to Tech Cabal.

Moove works by embedding its alternative credit scoring technology onto ride-hailing and e-logistics platforms. This then allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.