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Eleving Group

🌎 eleving.com

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.

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Eleving Group - Latest News and Updates

• Eleving Group's subsidiary, Mogo Finance, secured EUR 23.3 million mezzanine growth capital from Mezzanine Management to support its expansion in the Baltics and Georgia.
• Eleving Group plans to pay dividends of 14-15 million euros for 2024, following a net profit of 29.6 million euros and successful financial targets achievement.
• Eleving Group adjusted its portfolio distribution, increasing its presence in Africa to 34% and reducing its share in Continental Europe to 53%.
• Eleving Group improved their data ingestion latency by upgrading to a high availability Confluent Kafka cluster, achieving significant reductions in 95th and 99th percentile latencies.

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