Former inDrive finance chief backs and joins a taxi fleet financier in emerging markets
NeoFleet Capital, a taxi fleet financing platform founded in Cyprus in 2024, raised €3.5 million in pre-Seed funding in October 2026. Mark Loughran, former President and CFO of the ride-hailing operator inDrive, backed the round and joined as President and co-founder. The company operates in Senegal, Côte d'Ivoire and Peru and aims to support about 5,000 vehicles by the end of 2027.
The NeoFleet Capital thesis comes from inside the ride-hailing platform. Mark Loughran and chief executive Igor Shiyanov both worked at inDrive, and Shiyanov had already sold a delivery startup to a ride-hailing operator. The bet that institutional capital will flow into fleets, and that autonomous vehicles will push the operators' share of taxis close to one hundred percent, reflects how the platform side sees the market.
Source: EU-Startups · October 8, 2026