A Way Way Up
Experienced fintech empowering upward social mobility in diverse communities around the world with innovative and sustainable financial solutions
Group's profile

About
Eleving Group has driven innovation in financial technology around the world since its foundation in Latvia in 2012. As of today, the Group operates in 18 markets and 3 continents, encouraging financial inclusion and upward social mobility in underserved communities around the globe. Eleving Group has developed a multi-brand portfolio for its vehicle & device finance and consumer finance business lines, with 57% of the portfolio comprising secured vehicle loans and mobility products, with Mogo as the leading brand, and 43% of the portfolio including unsecured consumer finance products. Currently, 45% of the Group's portfolio is located in Continental Europe, 43% in Africa, and 12% in the rest of the world.
The Group's historical customer base surpasses 2.2 mln customers worldwide, while the total volume of loans issued exceeds EUR 2.7 bln. With headquarters in Latvia, Lithuania, and Estonia and a governance structure in Luxembourg, the Group ensures efficient and transparent business management, powered at the operational level by 4,650 employees. For two consecutive years, the Group was listed among Europe’s 1000 fastest-growing companies published by the Financial Times in 2020 and 2021, while in 2024, Eleving Group was ranked as the 41st fastest-growing European company in the last decade in 'Europe's Long-Term Growth Champions 2025' research by Financial Times and Statista.
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Eleving Group product lines



Global presence



LatviaShare of portfolio6.1% (14.1%*)*incl. Primero
AlbaniaShare of portfolio7.5%
LithuaniaShare of portfolio5.2%
MoldovaShare of portfolio6.2%
EstoniaShare of portfolio3.1%
North MacedoniaShare of portfolio4.9%
RomaniaShare of portfolio12.0%
KenyaShare of portfolio17.0%
BotswanaShare of portfolio5.7%
UgandaShare of portfolio5.6%
NamibiaShare of portfolio3.5%
TanzaniaShare of portfolio1.3%
ZambiaShare of portfolio4.9%
LesothoShare of portfolio4.7%
GeorgiaShare of portfolio5.2%
ArmeniaShare of portfolio5.8%
UzbekistanShare of portfolio1.2%News
Eleving Group reported a record-high EUR 165.0 million in total revenue during the first six months of 2026, representing a 40.4% increase compared to the corresponding reporting period last year.
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Eleving Group invites investors, analysts, media representatives, and other stakeholders to the earnings call with the Management Board on 11 August 2026 at 15:00 CET, following the publication of its unaudited 6M 2026 results on 10 August 2026.
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