Moovby

Moovby is a peer-to-peer car-sharing marketplace based in Malaysia, founded in 2018, that is revolutionizing the traditional car rental industry. With a mission to make better use of the 95% idle time of the average car, Moovby is disrupting the $60B rental car market by allowing travelers to rent cars from local owners. The platform offers a variety of 400+ car models available across 20+ cities and at 10+ airports in Malaysia and Indonesia. Moovby not only benefits customers with more affordable prices, being 30% less expensive than traditional car rental, but also allows car owners to generate passive income from their underutilized vehicles. Despite being a relatively young startup, Moovby has already gained substantial momentum and has received a noteworthy $500.00K Angel Round investment in February 2020, signifying investor confidence in its growth potential and disrupting capability within the insurtech and transportation industries. With its community rapidly growing, Moovby appears well-positioned to further capitalize on its network effect and expand its disruptive impact on the market. Visit their website, App Store, or Google Play to learn more about Moovby and its transformation of car rentals.