Luanda-based mobility startup Anda has raised $3.4 million (€3 million) in seed funding to bring structure, technology, and financial inclusion to the motorcycle taxi market.
The funding round was co-led by European venture capital firms Breega and Speedinvest, marking one of the largest early-stage investments in Angola’s growing tech ecosystem.
Founded in 2022 by Sergio Tati and Joerg Nuehrmann, Anda is building a technology-driven platform that integrates ride-hailing, delivery, and asset financing to transform how motorcycle taxi operators work and earn.
Motorcycle taxis, popularly known as “kupapatas” in Angola and “Okadas” in Nigeria, are the backbone of urban and peri-urban mobility across Africa. Yet, despite the sector’s scale, it remains largely informal.
In Angola alone, the industry employs an estimated 1.2 million drivers, about 600,000 of whom operate in Luanda, the capital. Most lack training, insurance, and access to financial services, leaving them vulnerable to exploitation and limiting their earning capacity.
Anda’s mission is to change that. The startup’s model combines drive-to-own motorcycle financing with a digital ride-hailing and payment platform. Through its platform, drivers can acquire new motorcycles with flexible repayment plans, receive professional training, access insurance coverage, and get essential safety gear, all while using the same platform to connect with customers.
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“We are tackling two major challenges at once, the lack of access to affordable asset financing and the absence of formal digital systems for mobility. By enabling drivers to own their motorcycles, we empower them to build sustainable livelihoods while improving safety and service standards in the market,” said co-founder Sergio Tati.
Under Anda’s drive-to-own scheme, drivers repay the cost of their motorcycles gradually through earnings made on the platform. Once repayment is completed, ownership is transferred to the driver, providing a pathway to financial independence and inclusion.
The platform’s backend system also allows drivers to manage payments, monitor their loan balance, and track progress toward ownership. Meanwhile, customers can book rides or delivery services seamlessly through Anda’s mobile app, which supports digital payments and GPS-enabled tracking.
For Breega and Speedinvest, Anda’s model represents a unique opportunity to back a company solving both infrastructure and financial challenges in one of Africa’s fastest-growing transport markets. “Anda’s integrated approach stands out because it directly addresses informality, safety, and access to credit, issues that affect millions of mobility workers across the continent,” the investors said in a joint statement.
Anda estimates that Angola’s motorcycle taxi market is worth about $5 billion, but the opportunity extends far beyond national borders. According to industry data, the motorcycle taxi sector across Sub-Saharan Africa could be worth up to $80 billion, with startups like Uganda’s SafeBoda, Nigeria’s MAX, and Kenya’s BodaBoda paving the way for formalization.
With fresh capital in hand, Anda plans to expand its operations within Luanda and into other major Angolan cities, strengthen its technology infrastructure, and onboard thousands of new drivers by 2026.
“Our vision is to build Africa’s most trusted platform for mobility entrepreneurs. We believe that ownership, technology, and safety can drive the next wave of inclusive growth in the continent’s mobility ecosystem,” said Tati.
