A Way Way Up
Experienced fintech empowering upward social mobility in diverse communities around the world with innovative and sustainable financial solutions
Group's profileAbout
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, with Kredo and Tigo as the segment’s flagship brands. Currently, 55% of the group's portfolio is located in Europe, 32% in Africa, and 13% in the rest of the world.
The Group's historical customer base exceeds 1.3 million customers worldwide, while the total volume of loans issued goes beyond EUR 1.8 billion. 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 2800 employees.
Key milestones
Eleving Group product lines
Global presence
News
Eleving Group has secured EUR 4.75 mln in local funding from Absa Bank, one of the largest banks in Africa. The loan will support the further growth of the Group's portfolio in the Ugandan market.
Read moreToday, 16 October, the shares of Eleving Group, a Baltic-headquartered fintech group, start trading on the Nasdaq Riga Baltic Main List and on the Frankfurt Stock Exchange’s Prime Standard.
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