on Eleving Group S.A. (isin : XS1831877755)
Eleving Group Reaches EUR 2.0 Billion in Loans
Eleving Group, a fintech company headquartered in the Baltics, announced it has issued over EUR 2.0 billion in loans since its founding in 2012. Following its EUR 1.0 billion milestone in 2022, the company continues to grow in vehicle and consumer financing across 16 markets on three continents. This expansion reflects a rise in customer demand and a strong financial model.
The company ranks 41st in the Financial Times' “Europe's Long-Term Growth Champions 2024,” achieving an average annual portfolio growth of 25% from 2016 to 2024. Eleving plans further growth through its bond offering, with a 13% fixed annual coupon rate, set to trade on Nasdaq Riga and Frankfurt Stock Exchange in March 2025.
R. P.
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