# Eleving Group

Eleving Group is an Asset Manager based in Riga, Latvia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Riga, Latvia
- **Region:** Europe
- **Address:** Riga, Latvia
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** eleving.com
- **LinkedIn:** https://www.linkedin.com/company/eleving-group

## Regulatory record

- **Reports private funds:** No

## About

Eleving Group promotes financial inclusion and social mobility with vehicle and consumer finance in 16 countries across 3 continents

## Sectors

- FinTech
- Vehicle Finance
- Consumer Finance
- Device Finance

## Offices

- Vilnius, Lithuania
- Tallinn, Estonia
- Luxembourg

## Questions

### How does Eleving Group source deal flow for its loan products?

Eleving Group originates loans directly through its multi-brand subsidiaries, including the Mogo brand for secured vehicle and device finance. The firm targets underserved borrowers in 17 markets, generating proprietary deal flow through local operations in Continental Europe and Africa. Deal flow follows a direct-to-consumer model rather than relying on external intermediaries (per the firm, 2025).

### What investment stages does Eleving Group typically target?

Eleving Group operates as an operating company engaged in direct lending, not as an investment fund. It issues secured and unsecured consumer loans at the origination stage, targeting borrowers with limited access to traditional bank credit. The firm does not target venture capital or private equity stages — its focus is on generating income from loan portfolios across its markets.

### Which sectors does Eleving Group focus on?

Eleving Group primarily operates in vehicle and device finance (secured) and consumer finance (unsecured). Its portfolio is roughly two-thirds secured mobility products and one-third unsecured loans. The firm does not target sectors like real estate, healthcare, or technology beyond its core consumer lending verticals (per the firm, 2025).

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Last updated: 2026-07-10T22:57:00.000Z

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