Empower profitable growth
Invest in a global, fast-growing and profitable Fintech from the Baltics.
Learn more
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About
Eleving Group has driven innovation in financial technology around the world since its foundation in Latvia in 2012. As of today, the group operates in 16 markets and 3 continents, encouraging financial inclusion and upward social mobility in underserved communities around the globe. Eleving Group has developed a multi-brand portfolio for its vehicle and consumer finance business lines, with around 2/3 of the portfolio comprising secured vehicle loans and mobility products, with Mogo as the leading brand, and around 1/3 of the portfolio including unsecured consumer finance products. Currently, 53% of the group's portfolio is located in Europe, 34% in Africa, and 13% in the rest of the world.
The Group's historical customer base exceeds 1.3 mln customers worldwide, while the total volume of loans issued is nearing EUR 2.0 bln. With headquarters in Latvia, Lithuania, and Estonia and a governance structure in Luxembourg, the Group ensures efficient and transparent business management, powered at the operational level by over 2790 employees. For two consecutive years, the Group was listed among Europe’s 1000 fastest-growing companies published by the Financial Times in 2020 and 2021, while in 2024, Eleving Group was ranked as the 41st fastest-growing European company in the last decade in 'Europe's Long-Term Growth Champions 2025' research by Financial Times and Statista.
Key milestones
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Eleving Group product lines
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Global presence
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News
Eleving Group has launched a public offering by tapping its existing senior secured and guaranteed 2023/2028 Eurobonds with ISIN (DE000A3LL7M4) by up to EUR 50 mln. This issuance will bring the outstanding amount of the existing bonds, currently listed on the Nasdaq Riga and Frankfurt Stock Exchange, to a maximum of EUR 100 mln. Investors in Latvia, Estonia, Lithuania, and Germany can subscribe to the bonds through their custodian banks from February 19 until March 7.
Read more
Eleving Group has announced its unaudited financial results for 2024, reporting a net profit of EUR 29.6 mln. In line with its 50% dividend payout policy, the company estimates EUR 14-15 mln in dividends for the full year 2024.
Read more
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