MAX is building Africa’s largest mobility-tech platform. Every day, millions of independent commercial drivers across Africa move people and goods to where they need to be through the use of motorcycles (also known as okadas, boda-bodas, or motos), three-wheelers (kekes or tuk-tuks), cars, and mini-buses. Founded in 2015, MAX provides these independent commercial drivers with financing and tech solutions that ensure they are able to work safely, affordably, and in a way that minimizes damage to the environment. MAX does this by enabling access to a fast-growing fleet of low and zero-emission vehicles, which include its revolutionary M3 Electric Motorcycle. In addition, MAX offers drivers a service bundle designed to address their biggest pain points, including digital wallets, savings products, insurance, maintenance plans, and licensing support – so they can keep the continent’s economy in motion. MAX’s innovative model helps independent commercial drivers to dramatically increase their income to more than 3x the national minimum wage.
With current operations in 5 cities in Nigeria and over 7K drivers on its platform with over 8 million trips completed, MAX aims to scale its platform and capture a significant portion of the $258B mobility market on the continent. In the short term, MAX is scaling to 100,000 drivers, across 10 cities and 3 countries by 2023. MAX is proud to enlist the support of a global and credible network of partners, including OEMs such as Yamaha, Bill Gates-sponsored Breakthrough Energy Ventures, global payment infrastructure provider Mastercard, and leading VCs such as Lightrock, Global Ventures, Novastar Ventures, Goodwell Investments, Shell Foundation, and others.
Learn more about MAX at www.maxdrive.ai