Insights

Geographic Expansion Eleving Group is actively expanding into Africa with a new branch in Cape Town, South Africa, signaling strong growth opportunities in emerging markets and increasing demand for vehicle and consumer financing across new regions.

Growth Momentum With revenue up 15.4% year over year to EUR 250 million and a track record of rapid expansion recognized by Financial Times, Eleving Group presents a compelling opportunity to introduce scalable fintech and risk management solutions to support faster loan origination and portfolio growth.

Tech Powered A modern tech stack including Snowflake, Google Cloud Platform, REST, GitLab, and AI initiatives with Chaseit AI positions Eleving Group as a buyer for cloud, data analytics, and AI-enabled customer interaction tools to optimize underwriting, collections, and customer experience.

Diversified Portfolio A multi-brand approach with two thirds secured vehicle and mobility loans and one third unsecured consumer credit suggests opportunities for point-of-sale financing integrations, credit analytics services, and regulatory-compliant lending platforms across both secured and unsecured segments.

Funding Readiness Active plans for senior secured bond issuance and a substantial funding footprint indicate receptiveness to treasury management, fintech partnerships, and capital markets solutions that can enhance liquidity, risk analytics, and investor reporting for large portfolios.

Eleving Group Tech Stack

Eleving Group uses 8 technology products and services including REST, Osano, Snowflake, and more. Explore Eleving Group's tech stack below.

  • REST
    Api Management
  • Osano
    Cookie Compliance
  • Snowflake
    Data Management Platforms
  • Microsoft 365
    Email
  • Google Cloud Platform
    Infrastructure As A Service
  • GitLab
    Issue Trackers
  • PWA
    Miscellaneous
  • Automattic
    Platform As A Service

Media & News

Eleving Group's Email Address Formats

Eleving Group uses at least 2 format(s):
Eleving Group Email FormatsExamplePercentage
First.Last@mogofinance.comJohn.Doe@mogofinance.com
74%
Last.First@mogofinance.comDoe.John@mogofinance.com
14%
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 LinkedInCrunchbase.

How much revenue does Eleving Group generate?

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As of July 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 July 2026, Eleving Group has approximately 344 employees across 6 continents, including EuropeAfricaNorth America. Key team members include Ceo Of Eleving Vehicle Finance: Africa & Central Asia: T. S.Chief Executive Officer Moldova: V. L.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 RESTOsanoSnowflakeMicrosoft 365Google Cloud PlatformGitLabPWAAutomattic.

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 July 2026, Eleving Group has raised $357M in funding. The last funding round occurred on Oct 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 Oct 17, 2025 in the amount of $321Mas a post_ipo_debt.

  • $25M - $50M

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

Section iconFunding & Financials

  • $357M

    Eleving Group has raised a total of $357M of funding over 3 rounds. Their latest funding round was raised on Oct 17, 2025 in the amount of $321Mas a post_ipo_debt.

  • $25M - $50M

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

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