News

Eleving Group continues to show strong financial results after the first six months of 2022
According to the consolidated financial report for the period ended on 30 June 2022, international FinTech company Eleving Group has improved results in all key business figures with an exceptional six-month EBITDA that reached EUR 32.3 mln.

Fitch Affirms Eleving Group at ‘B-‘; Outlook Stable
Fitch Ratings has affirmed Eleving Group’s Long-Term Issuer Default Rating (IDR) and senior secured debt rating at ‘B-‘. The Outlook on the Long-Term IDR is Stable.

Eleving Group becomes a carbon-neutral company
On 7 June 2022, Eleving Group received a Carbon Neutrality Certificate from Carbon Footprint Ltd. The company achieved it by participating in co-financing the reforestation of the Great Rift Valley in Kenya and co-financing the purchase of effective household cookstoves in the ‘Up Energy Improved Cookstoves Programme’ in Uganda.

Eleving Group (former Mogo Finance) reports unaudited results for the three months ended 31 March 2022
All-time best quarterly performance

Eleving Group subordinated bonds have been included on the Nasdaq Baltic First North Market
Eleving Group bonds have been admitted to trading on the Nasdaq Baltic First North Market by Nasdaq Riga as of March 7, 2022

Eleving Group scales back operations in countries affected by the war in Ukraine
Eleving Group, a Latvian head-quartered leading provider of financial solutions in Central Europe, CIS & East Africa, is following the situation in Ukraine very closely and greatly regrets the current development. The Company’s top priority is to ensure the safety of its employees. So far, only the business activities in Ukraine are directly affected, while…