Invest in a global success!

Learn More
Time remaining:
03
d
21
h
49
m
42
s

Join Eleving Group’s journey!

Invest in a global, fast-growing and profitable Fintech from the Baltics.

How to subscribe to Eleving Group’s shares?

Eleving Group is offering investors the opportunity to subscribe to the company’s shares until October 8, 2024.

Subscribe

Why invest in us?

Building global success on solid foundations for over 12 years.

Growth

16 operational countries
EUR 1.8+ bln issued in loans
1.3m+ historic clients worldwide
26% annual growth (2016-2023)
EUR 343+ mln portfolio (6M 2024)
EUR 189.3 mln revenues (2023)

Value

EUR 24.5 mln net profit (2023)
Target dividend payout ratio 50%+
EUR 140+ mln paid to investors
10+ years in capital markets
Best Investor Relations in the Baltics (2023)
20 000+ retail investors trust us
Eleving Group
dividend policy
Read more
Investors
presentation
Read more
Eleving Group
financial reports
Read more
Prospectus
Read more
Eleving Group Investor call
Watch
Enlight’s opinion on Eleving Group
Read more

Financial highlights

EBITDA, EUR mln
51.6
65.6
77.5
34.1
43.6
2021
2022
2023
6M 2023
6M 2024
Revenue, EUR mln
149.1
175.7
189.3
84.4
102.0
2021
2022
2023
6M 2023
6M 2024
Net Portfolio, EUR mln
256.8
67.1
195.1
293.0
67.2
225.8
320.3
104.9
215.4
283.8
71.2
212.6
342.5
113.7
228.8
2021
2022
2023
6M 2023
6M 2024
Net profit, EUR mln
7.1
18.6
24.5
12.3
15.4
2021
2022
2023
6M 2023
6M 2024
  • Vehicle finance
  • Consumer finance

Global presence

A diversified business across 16 markets and 3 continents.

33%

Consumer finance

67%

Vehicle finance

Products

The Group's business comprises several products and services that fill the funding gap and create new opportunities for people who previously did not have access to finance or private transportation.
LatviaLithuaniaEstoniaArmeniaRomaniaGeorgiaUzbekistanUgandaKenyaMoldova
Well accessible and affordable mobility product for customers in underserved market segments
LatviaEstonia
Flexible Premium car leasing for people interested in the high-quality vehicles
MoldovaNorth MacedoniaAlbaniaBotswanaNamibiaZambiaLesotho
Accessible financing through traditional consumer loan products
Latvia
Tesla based car-sharing in Latvia (Riga)
LatviaLithuania
A rent-to-buy product with ultimate flexibility
KenyaUganda
Car and motorcycle loans for self-employed who use mobility as a source of income
ServicesFinancing
Mobility and inclusion

What is Eleving Group?

Investors presentationRead more

Governance

Supervisory Board

Marcis Grinis

Chairman

Lev Dolgatsjov

Member

Derek Urben

Member

Management Board

Modestas Sudnius

Chief Executive Officer

Maris Kreics

Chief Financial Officer

Delphine Marie-Paul Glessinger

Category B Member

Sébastien François

Category B Member

The Offering

Regulated market Nasdaq Riga Stock Exchange's Baltic Main List and the Frankfurt Stock Exchange's regulated market (Prime Standard)
ISIN LU2818110020
Price per share (EUR) 1.60 - 1.85
Transaction amount (EUR) up to 40 million
Valuation range (EUR) 160 - 185 million
Subscription period September 23 to October 8 (14:30 CEST / 15:30 EEST)
Target dividend payout rate 50%+
Dividend payout frequency Semi-annual
Prospectus To the document
Documents for inspection Investors presentation
Prospectus summary in Latvian
Prospectus summary in Estonian
Prospectus summary in Lithuanian
Prospectus summary in German
IPO calendar
September 11Intention to float
September 20Prospectus approval
September 23, 10:00 CEST / 11:00 EESTStart of the subscription
October 8, 14:30 CEST / 15:30 EESTEnd of the subscription
October 9Results
October 16First day of trading

How to subscribe to our shares?

Did not find your bank? It does not mean you can't subscribe to our shares. Please contact your bank directly to get exact information on how to subscribe.

The subscription to shares is available for retail investors in Latvia, Estonia, Lithuania, and Germany via public offering by placing a subscription order in the investment section of their bank or via bank brokerage services. The offer is available via private placement also for qualified institutional investors in Europe.

In case of any questions, please reach out to investors@eleving.com, +371 22056940.

Dive deeper into Eleving Group

Eleving Group 6M 2024 Earnings call recording
Eleving Group’s quarterly and annual audited reports
Eleving Group dividend policy
Fitch Rating report
Eleving Group Investor call
Enlight’s opinion on Eleving Group

Frequently asked questions

News

Contacts

Edgars RauzaInvestor Relations Managerinvestors@eleving.com

Subscribe to our news