About MoXey

MoXey is a fintech platform that provides digital payment and lending solutions specifically designed for the mobility and logistics sectors, enabling fleet owners and operators to accept online payments and optimize working capital through invoice factoring and supply chain financing. By automating financial operations, MoXey addresses cash flow challenges faced by transporters and microentrepreneurs, facilitating instant settlements and improving access to formal financial services.

```xml <problem> The mobility and logistics sectors, particularly in regions like MENA, face challenges with cash-based transactions, leading to inefficiencies, delays, and security risks. Drivers and transporters often lack access to formal financial services, hindering microentrepreneurship and creating cash flow problems for logistics service providers. </problem> <solution> MoXey provides a digital financial ecosystem tailored for the mobility and logistics industries, offering solutions for cashless payments, instant settlements, and optimized working capital. The platform enables fleet owners, operators, and microentrepreneurs to accept online payments and manage complex financial operations through a mobile app and card-based system. MoXey facilitates instant payments to drivers, reduces cash handling, and provides real-time transaction tracking and reporting. Additionally, it offers supply chain financing and invoice factoring to improve supplier resiliency and boost cash flows for transporters. </solution> <features> - Digital wallet and smart cards for automated disbursements to drivers - Real-time access to wages for drivers, reducing delays and improving satisfaction - Instant settlements for carriers and freight brokers - Supply chain financing to optimize working capital for logistics service providers - Invoice factoring for transporters to get paid instantly - Mobile app for easy onboarding, secure payments, and 24/7 cash withdrawal - Real-time transaction tracking and reporting dashboards - Integration with partner stores for consumer financing for suppliers - Usage-based rewards and discounts </features> <target_audience> MoXey targets fleet owners, operators, truck drivers, carriers, freight brokers, and 3PLs within the mobility and logistics sectors, particularly in the MENA region. </target_audience> <revenue_model> MoXey generates revenue through transaction fees on digital payments, interest on lending products like invoice factoring and supply chain financing, and potential subscription fees for premium features and services. </revenue_model> ```

What does MoXey do?

Where is MoXey located?

MoXey is based in Abu Dhabi, United Arab Emirates.

When was MoXey founded?

MoXey was founded in 2021.

Location

Abu Dhabi, United Arab Emirates

Founded

2021

Employees

31 employees

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MoXey

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Executive Summary

moxey.ai 10K+

Founded 2021 – Abu Dhabi, United Arab Emirates

Funding

No funding information available.

Team (30+)

No team information available.

Company Description

Problem

The mobility and logistics sectors, particularly in regions like MENA, face challenges with cash-based transactions, leading to inefficiencies, delays, and security risks. Drivers and transporters often lack access to formal financial services, hindering microentrepreneurship and creating cash flow problems for logistics service providers.

Solution

MoXey provides a digital financial ecosystem tailored for the mobility and logistics industries, offering solutions for cashless payments, instant settlements, and optimized working capital. The platform enables fleet owners, operators, and microentrepreneurs to accept online payments and manage complex financial operations through a mobile app and card-based system. MoXey facilitates instant payments to drivers, reduces cash handling, and provides real-time transaction tracking and reporting. Additionally, it offers supply chain financing and invoice factoring to improve supplier resiliency and boost cash flows for transporters.

Features

Digital wallet and smart cards for automated disbursements to drivers

Real-time access to wages for drivers, reducing delays and improving satisfaction

Instant settlements for carriers and freight brokers

Supply chain financing to optimize working capital for logistics service providers

Invoice factoring for transporters to get paid instantly

Mobile app for easy onboarding, secure payments, and 24/7 cash withdrawal

Real-time transaction tracking and reporting dashboards

Integration with partner stores for consumer financing for suppliers

Usage-based rewards and discounts

Target Audience

MoXey targets fleet owners, operators, truck drivers, carriers, freight brokers, and 3PLs within the mobility and logistics sectors, particularly in the MENA region.

Revenue Model

MoXey generates revenue through transaction fees on digital payments, interest on lending products like invoice factoring and supply chain financing, and potential subscription fees for premium features and services.