As we previously shared, Eleving Group has started the process of integrating EC Finance Group Ltd., better known as ExpressCredit, into its direct subsidiary AS Eleving Finance. ExpressCredit is a consumer finance provider operating in the Southern African region. As a result of the transaction, Eleving Group is taking over ExpressCredit’s assets, subsidiaries, and client portfolio, and is increasing Eleving Group’s equity.
In July, Eleving Group organized a Q&A session for Mintos investors. We asked investors to submit questions by 26 July 2023. After these questions were submitted, Eleving Group’s CFO and CEO published a video with answers to the 10 most popular questions investors had. Questions ranged from Eleving Groups’ performance in the first 6 months of 2023, to Eleving Group’s future plans and more.
