on Eleving Group S.A. (isin : XS1831877755)
Eleving Group Reports 46.4% Increase in Loan Issuance
Eleving Group, a leading international financial technology firm, reported loan issuance of EUR 308.7 million for the first half of 2026. This marks a 46.4% increase compared to the same period in 2025.
Growth was evident in both the vehicle and smartphone financing segment, which totaled EUR 141.6 million, a 51.0% rise from the previous year. The consumer lending segment also experienced an impressive 42.7% growth, amounting to EUR 167.1 million.
Countries such as Latvia, Romania, and Kenya saw notable performance. The CEO, Modestas Sudnius, noted strong customer interest and a balanced loan portfolio. Eleving Group's customer base expanded significantly, serving over 372,000 new clients, leading to 816,000 active customers by mid-year.
R. H.
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