Eleving Group Reports Strong Loan Growth in 2026

Eleving Group, a financial technology company listed on the Frankfurt and Riga stock exchanges, issued loans amounting to EUR 472.0 million in the first nine months of 2026. This marks a 38.2% increase compared to the same period in 2025. This growth aligns with the company’s strategy of balancing expansion and profitability, as stated by CEO Modestas Sudnius.

The company financed EUR 224.2 million in vehicle and smartphone purchases, showing a 42.1% rise from the previous year. Additionally, consumer lending surged by 34.9%, reaching EUR 247.7 million. Eleving Group expanded its customer base significantly, reaching over 1.02 million active customers by the end of September 2026.