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March 7, 2022

Eleving Group subordinated bonds have been included on the Nasdaq Baltic First North Market

Eleving Group bonds have been admitted to trading on the Nasdaq Baltic First North Market by Nasdaq Riga as of March 7, 2022

March 4, 2022

Eleving Group scales back operations in countries affected by the war in Ukraine

Eleving Group, a Latvian head-quartered leading provider of financial solutions in Central Europe, CIS & East Africa, is following the situation in Ukraine very closely and greatly regrets the current development. The Company’s top priority is to ensure the safety of its employees. So far, only the business activities in Ukraine are directly affected, while…

February 28, 2022

Eleving Group donates EUR 100 000 for Ukraine and its people

Eleving Group stands for peace; therefore, the Group has joined the “Entrepreneurs for Peace” movement that launches a large-scale fundraising campaign with an aim to raise five million euros in a couple of days to back Ukraine, and donated EUR 100 000. The initiative has been developed by joining forces with the Ministry of Defence…

February 15, 2022

Eleving Group reports on record-high financial results for 2021

Eleving Group (former Mogo Finance) reports unaudited results for the twelve months of 2021, concluding 2021 as the best financial year in the company’s history. The Group’s revenue for 12 months has been EUR 152.2 million, and net profit reached EUR 8.8 million, which is an impressive leap compared to the EUR 1.1 million profit…

February 11, 2022

Eleving Group (former Mogo Finance) reports unaudited results for twelve months ended 31 December 2021

OPERATIONAL AND STRATEGIC HIGHLIGHTS Record-high twelve-month sales (ended 31 December 2021) achieved by best-to-date issuances (EUR 106 million) in Q4 2021, marking a remarkable year-on-year growth of 108% Substantial increase in performance levels (Key Performance Indicators):  annual revenue up by 55% (y-o-y), surpassing EUR 150 million in 2021 annual adjusted EBIDTA up by 57% (y-o-y),…