E3 Capital is proud to announce GoCab as the newest addition to its portfolio. The mobility fintech has closed a $45 million financing round to expand operations, accelerate electric mobility adoption, and deepen financial inclusion for Africa’s gig-economy workers.

Founded in 2024, GoCab combines mobility, technology, and ethical financing to help drivers and delivery couriers access vehicles, build ownership, and generate stable income. Expanding its electric vehicle fleet reduces emissions, lowers operating costs, and supports cleaner, more resilient urban transport ecosystems.

“The shortage of vehicles and the high cost of transportation remain two of Africa’s most pressing challenges. GoCab is addressing both head-on through a data- and technology-driven platform that expands access to mobility while reducing emissions at scale,” said Vova (Vladimir) Dugin, Managing Partner at E3 Capital.

Azamat Sultan, Co-Founder and Executive Chairman of GoCab, added: “This funding allows us to scale responsibly expanding access to fair, ethical financing while accelerating electric mobility and building a more inclusive and sustainable future.”

E3 Capital is proud to support GoCab as it empowers Africa’s gig workforce, expands electric mobility, and creates sustainable income opportunities, driving financial inclusion and cleaner cities.

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About GoCab

GoCab is a mobility and financial services platform enabling gig-economy workers in emerging markets to access productive assets through ethical, Shariah-compliant financing. By combining proprietary technology, structured private credit, and platform partnerships, GoCab helps drivers and couriers build ownership, stability, and long-term income.

For more information please visit https://www.gocab.io/