Eleving Group | Latest News & Updates - Nov 12, 2024 Release

Eleving Group reported continued growth and strong operational focus in its nine-month results...


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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.


Eleving Group - Latest News and Updates

  • Eleving Group reported continued growth and strong operational focus in its nine-month results.
  • 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.
  • 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.
  • 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.
  • Modests Sudņus, Eleving Group's CEO, presented at the Investoru Kluba conference 2024.
  • Kones Cherich has joined Eleving Group as a Sales Analyst.
  • Līva Ugaine has joined Eleving Group as a Talent Acquisition Partner in Latvia, previously holding a position at another company.

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