S6E5: Entering 10 new markets in 30 months, with CEO Modestas Sudnius (Mogo Finance, now Eleving)
August 31, 2021
"I'd rather lose money in trial-and-error than lose money in bureaucracy"
Modestas Sudnius (CEO of Eleving Group) talks with Xquadrant's Founder Richard Medcalf.
We're continuing our season on "Secrets of Scaling", where the CEOs from some of the fastest-growing companies in Europe and the USA (as measured by the Financial Times top 1000 rankings) share what's propelled their growth, what's held them back - and explore what it will take to reach the next level.
Eleving Group - formerly Mogo Finance is an international FinTech company. Modestas started as a country manager 8 years ago and gradually moved up to the Group CEO role while growing the company to 14 markets and EUR 100M yearly revenue.
In this conversation, you’ll learn:
- The purpose-driven reason behind Eleving's recent rebranding
- The "three phase model" that Modestas used to scale his leadership focus
- The structural decision that allowed Eleving to enter 10 very different markets in under 3 years
- How to avoid "greenwashing" and build social and environmental impact structurally into the business
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