This week, we sit down with Tingting Peng, the Chief Transformation Officer of Moove, the African-born fintech tackling financial inclusion through innovative mobility solutions. With over $500 million raised in equity and debt financing, and a customer base of 30,000 drivers across global markets, Moove is redefining vehicle ownership and creating pathways to economic empowerment.
Tingting shares her incredible journey — from navigating the high-stakes world of hedge funds to embracing purpose-driven leadership at Moove. She opens up about the pivotal moments that shaped her career, including the global financial crisis and her mid-career pivot into social enterprise. We also dive into her role in scaling Moove’s operations to $150 million in annual recurring revenue, building strategic partnerships with giants like Uber, and driving innovation in emerging markets.
Get ready for a masterclass on resilience, leadership, and the power of purpose in building a successful business!
Timestamps / Key Takeaways
0:00 – Intro
02:36 – Billion Dollar Questions
04:52 – The pivots in Tingting’s career – from hedge fund manager to yoga teacher to today’s Moove
08:46 – The journey of becoming the first executive hired of a Nigerian-founded startup
11:10 – Leadership qualities to seek in founders; the co-founder dynamics
15:56 – Driving financial inclusion in mobility industry; obstacles faced and solutions provided in Nigeria
22:03 – Surprising learnings from gender analysis; managing volatility in different markets
27:03 – Pulling out from Egypt and Kenya: key learnings
31:40 – Strategic partnership with Uber and beyond
34:38 – Building a global business from early – partnership with OEM and making impact
40:23 – Hardest lessons learned; “always in fundraising mode”
About Tingting
Tingting is Chief Capital, Strategy, and Impact Officer at Moove, a mobility fintech focused on revenue-based financing for gig workers globally. She is also an angel investor and advisor to startups across healthtech, climate tech, HR tech and fintech.
As a former investment banker, hedge fund analyst and private equity investor, Tingting has extensive experience across private markets asset classes and a passion for building and scaling impactful businesses at the intersection of tech, finance, and wellbeing. She is a graduate of MIT with an MBA from London Business School. Tingting is a member of the Milken Institute’s Young Leaders Circle and has been recognised by Fintech Magazine as a Top 100 Women in Fintech 2023 and by the Financial Technology Report as a Top 25 Women Leader in Financial Technology of 2022.
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