Insights

Geographic expansion Eleving Group is rapidly expanding its footprint with a new branch in Cape Town and operations now across Africa, including South Africa. This signals growing regional demand for accessible vehicle and consumer financing and presents opportunities to offer local fintech integrations, compliance accelerators, and partner banking services to support expansion.

Digital acceleration The push toward AI-enabled customer interactions (AI voice agents in multiple languages) and a tech stack including REST, Terraform, and Jira indicates a modernization drive. This creates upsell opportunities for scalable fintech platforms, API integrations, data analytics, and customer experience tooling to enhance efficiency and cross-sell capabilities.

Portfolio mix With two thirds secured vehicle loans and mobility products and one third unsecured consumer finance, Eleving Group has a diversified risk profile and cross-selling potential. Identify partners for ancillary products (insurance, maintenance plans, extended warranties) and digital onboarding solutions to improve conversion and retention across both secured and unsecured segments.

Growth funding Funding activities including senior secured bonds and substantial funding rounds underpin expansion and scale. This indicates openness to SaaS and managed services partners that can support treasury operations, regulatory reporting, and financial technology integrations to optimize financing structure and reporting.

Enterprise readiness A multi-brand portfolio with a governance structure in Luxembourg and a European, African, and global customer base points to complex compliance and interoperability needs. There is a sales opportunity for enterprise-grade solutions in risk management, compliance automation, and cross-border payment enablement to support current operations and future markets.

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Eleving Group Tech Stack

Eleving Group uses 8 technology products and services including Microsoft Clarity, Docker, WordPress, and more. Explore Eleving Group's tech stack below.

Media & News

Eleving Group's Email Address Formats

Eleving Group uses at least 5 email formats:
Eleving Group Email FormatsExamplePercentage
First.Last@mogofinance.comJohn.Doe@mogofinance.com
73%
Last.First@mogofinance.comDoe.John@mogofinance.com
15%
LastF@mogofinance.comDoeJ@mogofinance.com
7%
Last_First@mogofinance.comDoe_John@mogofinance.com
5%
First.Last@eleving.comJohn.Doe@eleving.com
100%

Frequently Asked Questions

What is Eleving Group's official website and social media links?

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Eleving Group's official website is eleving.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Eleving Group generate?

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As of August 2026, Eleving Group's annual revenue is estimated to be $25M - $50M.

What is Eleving Group's NAICS code?

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Eleving Group's NAICS code is 52 - Finance and Insurance.

How many employees does Eleving Group have currently?

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As of August 2026, Eleving Group has approximately 338 employees across 5 continents, including Europe, Africa and North America. Key team members include Ceo Of Eleving Vehicle Finance: Africa & Central Asia: T. S., Chief Executive Officer Moldova: V. L. and Cto Of Eleving Vehicle Finance: Africa & Central Asia: P. B. Explore Eleving Group's employee directory with LeadIQ.

What industry does Eleving Group belong to?

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Eleving Group operates in the Financial Services industry.

What technology does Eleving Group use?

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Eleving Group's tech stack includes Microsoft Clarity, Docker, WordPress, Osano, SAP, Postman, Sage and GitLab.

What is Eleving Group's email format?

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Eleving Group's email format typically follows the pattern of First.Last@mogofinance.com. Find more Eleving Group email formats with LeadIQ.

How much funding has Eleving Group raised to date?

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As of August 2026, Eleving Group has raised $357M in funding. The last funding round occurred on Nov 17, 2025 for $321M.

When was Eleving Group founded?

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Eleving Group was founded in 2012.
Eleving Group logo

Eleving Group

Financial ServicesRīga, Latvia201-500 Employees

Eleving Group is a financial technology company founded in Latvia in 2012, operating within the financial services sector. It operates in 17 markets across three continents and manages a multi-brand portfolio for vehicle and consumer finance, led by Mogo for secured vehicle loans and mobility products. About two-thirds of its lending portfolio comprises secured vehicle loans and mobility products, with roughly one-third in unsecured consumer finance. The group serves around 1.8 million customers and has issued loans totaling about EUR 2.4 billion, supported by over 3,454 employees. Its geographic distribution includes 49% of lending in Europe, 39% in Africa, and 12% in other regions, with headquarters in Latvia, Lithuania, and Estonia and governance in Luxembourg. Eleving Group has been recognized as a fast-growing European company by Financial Times and Statista, appearing on Europe’s 1000 fastest-growing list in 2020 and 2021, and ranking 41st in the Europe’s Long-Term Growth Champions 2025 study.

Section iconCompany Overview

NAICS Code
52 - Finance and Insurance
Founded
2012
Employees
201-500

Section iconFunding & Financials

  • $357M

    Eleving Group has raised a total of $357M of funding over 3 rounds. Their latest funding round was raised on Nov 17, 2025 in the amount of $321M as a Post IPO Debt.

  • $25M - $50M

    Eleving Group's revenue is estimated to be in the range of $25M - $50M

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