Ridemovi secures pool financing for international micro-mobility expansion

Ridemovi, a leading player in the shared micro-mobility sector, has successfully finalised a pool financing transaction. The credit facility was provided by a syndicate of banks including illimity Bank, which also acted as coordinator, Cassa di Risparmio di Bolzano (Sparkasse), and Banco di Desio e della Brianza.

The financing is intended to support Ridemovi’s strategic growth plan and the expansion of its micro-mobility services. The group aims to extend its presence into new urban centres across both Italy and international markets. Throughout the process of identifying and structuring the credit line, Ridemovi was assisted by Ethica Group as financial advisor.

Morri Rossetti & Franzosi provided legal assistance to Ridemovi during the negotiation and review of the financing agreement and all related financial documentation. The firm’s team was composed of partner Roberta Incorvaia and senior associate Valentina Bianchin, who also managed the closing requirements and the conditions for the disbursement of the funds.

The lending pool was advised by ADVANT Nctm on the structuring and drafting of the financing contract and the associated security package. The legal team was led by partner Roberto de Nardis di Prata, supported by senior associate Davide Brollo.

The operation highlights the continued institutional support for sustainable urban transport solutions and the consolidation of the shared mobility infrastructure in the European market.