Eleving Group

1. 17 Oct 2025

   Funding round

   €275.0M

   Cumulative €275.0M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Launch01 Jul 2026

  Eleving Group commenced operations in South Africa, opening its first branch in Cape Town, marking its expansion into the 18th market.

  ▸Source: The Baltic Times

  “Eleving Group, an international financial technology company listed on the Frankfurt and Riga stock exchanges, reported revenue of EUR 165.0 mil......”

  Read at The Baltic Times

• Funding17 Oct 2025EUR 275.0M

  Eleving Group issued a EUR 275 million senior secured 2025/2030 Eurobond carrying a 9.5% annual coupon, the largest bond issuance in the group's history. Proceeds refinanced the 2021 EUR 150 million bond and part of Mintos liabilities, and the notes listed on Nasdaq Riga and the Frankfurt Stock Exchange.

  ▸Source: eleving.com

  Read at eleving.com

• Modestas Sudnius

  CEO

What does Eleving Group do?

An international financial technology company providing vehicle, smartphone, and consumer financing services.

When was Eleving Group founded?

Eleving Group was founded in 2012.

Where is Eleving Group headquartered?

Eleving Group is based in Latvia.

How much funding has Eleving Group raised?

Eleving Group has raised €275.0M (across 1 round · last 17 Oct 2025).

What was Eleving Group's latest funding round?

Eleving Group's most recent disclosed round was a funding round of €275.0M, announced 17 October 2025.