Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa
- Gozem raised $30 million in a Series B funding round, consisting of $15 million in equity and $15 million in debt.
- The company plans to use the funds to strengthen its vehicle financing service and expand into new markets.
- Gozem's ride-hailing service includes motorcycles, three-wheelers, and cars, with a focus on driver financial security.
Gozem's approach to integrating diverse services into a super app model appears promising, especially given its focus on driver empowerment and financial security. However, the challenges faced by similar platforms in sub-Saharan Africa highlight the need for careful execution and market understanding to ensure sustained growth and success.
