AS "mogo" (Latvia) informs about the shareholder change
AS "mogo" Latvia operations group (including AS "mogo" and AS "Renti") informs about the shareholder (98% shares) change from AS “Mogo Baltics and Caucasus” to AS “Mogo Eastern Europe”. The change has no impact on AS “mogo” activities and is related to the optimization of Eleving Group’s (part of which is AS “mogo” and its subsidiary) legal structure.
About AS “mogo”
AS “mogo” is a part of the international financial technology company Eleving Group (former Mogo Finance). Mogo in Latvia offers leasing, reverse leasing, and car rental services in the most convenient way for customers - online, by phone, and with more than 210 partners. Mogo in Latvia serves more than 12 thousand customers, managing a product portfolio of 38 million euros.
About Eleving Group
Eleving Group comprises a number of international and fast-growing financial technology companies with a global presence. The Group operates in the vehicle and consumer finance segments in 3 continents, providing financial inclusion and disruptively changing financial services industries in its countries of operation. Founded in 2012 in Latvia and having expanded all across the Baltics within its first year in business, the Group continued expansion in the following years, servicing a total of 14 active markets as of the end of first half of 2021.
With its headquarters in Latvia, the Group operates in the Baltics, Central, Eastern, and South-Eastern Europe, Caucasus, Central Asia, and Eastern Africa.
For two consecutive years since 2020, the Group has appeared on the Financial Times list of Europe’s 1000 fastest growing companies.
Read more: www.eleving.com
Neringa Plauskiene
Eleving Group
Regional Chief Financial Officer
Email: neringa.plauskiene@eleving.com
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