Eleving Group | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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Eleving Group is an international FinTech company that enables social mobility in diverse communities around the world. It provides vehicle financing and consumer financing services across multiple markets.

🛍️ Eleving Group Product and Pricing News →

👔 Eleving Group CEO, Management and Leadership Team →

⚔️ Eleving Group Alternatives and Competitors →

💼 Eleving Group Hiring and Layoffs →

🤖 Eleving Group Developer, Integration and Automation News →

📈 Eleving Group Financials, Fundraising and Valuation News →

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🛍️ Eleving Group Product and Pricing News

• Eleving Group has rebranded to 'mogo' to enhance customer access to financing.
• Eleving Group commissioned Enlight Research OÜ to write a pre-IPO report, indicating a strategic move to enhance investor relations.
• On January 18, 2025, Modestas Sudnius, CEO of Eleving Group, will discuss key growth drivers for the Baltic stock market at the Investor Toomas Conference in Tallinn.
• Eleving Group received Silver Status from the Society Integration Foundation Republic of Latvia for promoting an inclusive and supportive work environment.
• Eleving Group is expanding its operations in East Africa by hiring a Head of Sales in Tanzania.

• Eleving Group received The Best Investor Relations award from Nasdaq Baltic for its work in the investor relations area in 2023.
• Eleving Group, a fintech and insurance services company from Latvia, secured the 41st position on the Financial Times' Growth Champions list.
• Modests Sudņus, Eleving Group's CEO, presented at the Investoru Kluba conference 2024.

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👔 Eleving Group CEO, Management and Leadership Team

• Arturs Cakars

  
  Group Chief Corporate Affairs Officer
  [email protected]

• Toms Purins

  
  Chief Legal Officer of Eleving Group
  [email protected]

• Maris Kreics

  
  Group CFO
  [email protected]

• Veaceslav Luchianenco

  
  CEO Eleving Group Moldova
  [email protected]

• Marius Barys

  
  Regional Chief Financial Officer
  [email protected]

• Modestas Sudnius

  
  CEO
  [email protected]

• Valerij Petrov

  
  Regional CEO
  [email protected]

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⚔️ Eleving Group Alternatives and Competitors

• OPay
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• Adyen
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• Finova Capital
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• ORIX
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• Swaper
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• Ferratum Group
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• VIAINVEST
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• VIA SMS Group
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• Sefinance
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• Finto Capital
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• Alfa Finance
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• DSG Finance
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• Zuidlease
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• PT Dipo Star Finance
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• iA Auto Finance
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• 4finance
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• Multitude

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💼 Eleving Group Hiring and Layoffs

• Eleving Group appointed Aleksandra Priede as Regional Chief Risk Officer Europe and Davit Mezvrishvilli as Country Manager Georgia.
• Eleving Group is currently hiring for the position of Head of Vehicle Finance in East Africa in Lithuania.
• Maren Veeckman has joined Eleving Group as Regional Head of Legal and Compliance for Africa.
• Eleving Group has added a new job opening for Head of ESG in Latvia and now offers 21 open roles.
• Eleving Group has added a new job opening for a Head of ESG in Latvia.

• Eleving Group is currently seeking a Ruby on Rails Developer with verification in the European Union (Remote).
• Eleving Group is currently seeking a Debt Collection Team Lead in Lithuania.
• Eleving Group is offering a Junior Security Engineer position in Riga with a salary range of 1800 - 2200 EUR.

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🤖 Eleving Group Developer, Integration and Automation News

• On November 8, Eleving Group's Mogo Uganda formalized a partnership with Absa Bank Uganda, securing a UGX 19 billion loan to provide affordable electric bikes to boda-boda riders, aiming to issue 1,000 bikes by the end of 2024.

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📈 Eleving Group Financials, Fundraising and Valuation News

• Eleving Group reported continued growth and strong operational focus in its nine-month results.
• Eleving Group will release its financial results on November 11, followed by a management call with CEO Modestas Sudnius and CFO Maris Kreics on November 12.
• Eleving Group's stock price has been artificially supported following its IPO.
• Eleving Group has adjusted its portfolio shares, with notable changes including an increase in Romania to 11.8% and a decrease in Latvia to 3.1%.
• Eleving Group achieved a 17% revenue increase to EUR 157.9 million in the first nine months of 2024, following a record IPO on Nasdaq Riga that raised EUR 29 million.

• Mogo Auto Limited, part of Eleving Group, secured a $10 million loan from Development Finance Corporation to finance electric vehicles in Kenya.
• Eleving Group plans to redeem its outstanding subordinated bonds on November 29, 2024, which is expected to save EUR 2 million annually and improve profitability.

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