Eleving Group News | Oct 10, 2024
Eleving Group is going public with a capital increase that benefits bondholders, while its largest shareholder, Aigars Kesenfelds, holds 43.67% of the shares through ALPPES Capital...
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Eleving Group
🌎 eleving.comEleving 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.
Updates as of Oct 10, 2024
- Eleving Group is going public with a capital increase that benefits bondholders, while its largest shareholder, Aigars Kesenfelds, holds 43.67% of the shares through ALPPES Capital.
- The Competition Authority of Kenya fined Eleving Group's Kenyan subsidiary, Mogo Auto, Sh10.85 million for false and misleading loan terms.
- Kenya's competition authority fined Eleving Group's subsidiary Mogo Kenya $84,120 for misleading customers and secretly altering loan terms.
- Eleving Group is currently hiring a Country Manager for Georgia.
- Anita Kalnina, Head of People and Culture at Eleving Group, is seeking a proactive office admin to enhance the office environment.
- Eleving Group operates as a fintech company providing vehicle and consumer financing solutions across Europe, Africa, and Central Asia, with major shareholder Aigars Kesenfelds holding over 43.7% stake.
- On October 2, 2024, Eleving Group's CEO Modestas Sudnius and CFO Maris Krecs addressed investor concerns about risk management at an investment club event, distinguishing themselves from Planet42.
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