The problems Blockride solves

Over 80% of African public transport fleets are in poor condition and unsuitable for daily commutes.

The Problem?... A glaring lack of access to vehicle financing as a result of:

1. Distrust due to lack of transparency.

2. High barrier to entry.

3. Illiquid nature of the investment.

Distrust due to lack of transparency:

The lack of transparency and the need to trust hirers (fleet operators/managers)

1. Illiquid Investment Nature: The difficulty of quickly converting vehicles into cash without significant value loss.

2. High Entry Barriers: The substantial financial requirement and stringent criteria to qualify for financing options.