Welcome to our dedicated page for Finvolution Group news (Ticker: FINV), a resource for investors and traders seeking the latest updates and insights on Finvolution Group stock.
FinVolution Group (FINV) operates a leading fintech platform connecting Chinese consumers with digital lending solutions while providing investor access to innovative financial products. This news hub offers essential updates about the company's strategic developments, financial performance, and technological advancements in consumer finance.
Track FINV's quarterly earnings, partnership announcements, regulatory updates, and technology initiatives through verified press releases and objective market analysis. Our curated collection helps stakeholders monitor key areas including AI-driven risk management expansions, international market entries, and evolving credit assessment methodologies.
Discover timely information about FINV's loan portfolio growth, investor opportunity updates, and financial inclusion initiatives across Asian markets. The resource serves both casual observers and professional analysts seeking to understand the company's position in competitive digital lending ecosystems.
Bookmark this page for streamlined access to FINV's latest operational milestones, leadership updates, and industry recognition. Combine our news tracking with your due diligence process for informed analysis of this dynamic fintech innovator.
FinVolution Group (NYSE: FINV), a leading fintech platform operating in China, Indonesia and the Philippines, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the Securities and Exchange Commission (SEC) on April 18, 2025.
The annual report is accessible through the SEC's website and FinVolution's investor relations website. The company will provide shareholders and ADS holders with free hard copies of the annual report, which includes audited consolidated financial statements, upon request.
FinVolution Group (NYSE: FINV) reported strong financial results for 2024, with annual revenue reaching US$1.8 billion (up 4.1% YoY) and net profit of US$327.1 million. Transaction volume increased 6.1% to US$28.2 billion, with outstanding loan balance at US$9.8 billion.
The company's international business showed significant growth, contributing 21.4% of total Q4 revenue. International operations acquired 2.2 million new borrowers (61% YoY increase), with transaction volume exceeding US$1.4 billion and loan balance growing 31% to US$232.9 million.
FinVolution secured key financial licenses in Pakistan, Indonesia, and the Philippines, while strengthening partnerships and expanding BNPL services. The company allocated US$160.4 million to shareholder returns in 2024, representing 49.1% of annual net profit.
The company enhanced its AI capabilities with the launch of proprietary LLM 'Rice Seeds' and the Zeta platform, improving operational efficiency across customer acquisition, risk management, and engagement.
FinVolution Group (NYSE: FINV) has announced a significant increase in its dividend payment to US$0.277 per American Depositary Share, marking a 17% year-over-year increase. The dividend represents a 21.5% payout ratio of net income for FY 2024 and will be distributed on May 7, 2025, to shareholders of record as of April 16, 2025.
The company has declared dividends for seven consecutive years and is implementing an enhanced dividend policy for 2025 onward, targeting a payout ratio between 20% to 30% of net income. Total distributions to shareholders for FY 2024 will amount to US$160.4 million, comprising US$90.2 million in share repurchases and US$70.2 million in dividends, representing a total payout ratio of 49.1%.
The company's previous average dividend payout ratio from 2018 to 2023 was approximately 16%. The new policy demonstrates FinVolution's commitment to increasing shareholder value while maintaining sustainable growth in both Chinese and international markets.
FinVolution Group (NYSE: FINV) has announced a new US$150 million share repurchase program effective March 20, 2025, running through March 19, 2027. This marks the company's fourth buyback initiative, demonstrating confidence in their 'Local Excellence, Global Outlook' strategy.
The company has already deployed approximately US$370 million in share repurchases since their first program launched in March 2018 through December 31, 2024. The new repurchases will be executed through various means including open market purchases, private transactions, and block trades, subject to market conditions and regulations.
Management views the current market environment and the company's strong financial position as an opportune time to enhance shareholder value, particularly given their successful expansion in multiple international markets across China, Indonesia, and the Philippines.
FinVolution Group (NYSE: FINV) reported strong financial results for Q4 and FY2024. Full-year transaction volume reached RMB206.2 billion (+6.1% YoY), with international volume exceeding RMB10.1 billion (+27.8% YoY).
Q4 2024 highlights include net revenue of RMB3,456.7 million (+7.2% YoY) and net profit of RMB680.8 million (+28.7% YoY). The company's international business showed significant growth, with revenue reaching RMB739.3 million (+22.8% YoY), representing 21.4% of total revenue.
Key operational metrics for Q4 2024:
- Cumulative registered users: 172.6 million (+10.9% YoY)
- Transaction volume: RMB54.0 billion (+7.8% YoY)
- Outstanding loan balance: RMB69.8 billion (+5.6% YoY)
The company returned approximately US$160.4 million to shareholders in 2024 through share repurchases (US$90.2 million) and dividend distributions (US$70.2 million).
FinVolution Group (NYSE: FINV), a leading fintech platform, has scheduled its fourth quarter and fiscal year 2024 unaudited financial results announcement for Monday, March 17, 2025, after U.S. markets close. The company will host an earnings conference call at 8:30 PM ET on March 17, 2025 (8:30 AM Beijing/Hong Kong Time on March 18, 2025).
A live and archived webcast will be available on FinVolution's investor relations website, with a conference call replay accessible until March 24, 2025.
FinVolution Group (NYSE: FINV) announced that its Philippine app JuanHand has secured a credit facility agreement with Security Bank , becoming the bank's first fintech lending partner. This partnership follows JuanHand's existing collaborations with Maya Bank, Union Bank, and SeaBank.
The agreement enables JuanHand users to apply for unsecured loans using basic personal information and one valid ID, with loan approvals and fund disbursals processed within 5 minutes using FinVolution's AI-powered screening technology. This streamlined process eliminates the need for proof of income or billing address documentation.
The partnership aims to enhance financial inclusion and credit accessibility in the Philippines, aligning with FinVolution's 'Local Excellence, Global Outlook' strategy to expand its Southeast Asian market presence.
FinVolution Group (NYSE: FINV) reaffirmed its commitment to advancing financial inclusion through credit technology at the Asian Financial Forum 2025. SVP Dr. Ming Gu highlighted the company's achievements in Southeast Asia, where it has served over 6 million borrowers and facilitated loans exceeding $3 billion as of Q3 2024.
The company focuses on serving young workers and small business owners through digital lending platforms and AI-powered credit assessment tools. Gu emphasized Southeast Asia's potential as a key growth market, particularly Indonesia, citing factors such as young population, e-commerce growth, and credit-driven consumption habits.
FinVolution maintains partnerships with over 100 financial institutions and employs advanced risk management systems to combat fraud risks. The company operates under strict regulatory compliance while working to create an inclusive financial ecosystem in the region.
FinVolution Group (NYSE: FINV) showcased its credit solutions at the Asian Financial Forum (AFF) 2025, held January 13-14. The event attracted over 3,600 attendees from the financial sector. Dr. Ming Gu, Senior VP, participated in a workshop discussing fintech in Southeast Asia.
The company demonstrated its AI voice bot BLU, which serves nearly 40 enterprises across nine countries, along with comprehensive credit solutions including customer acquisition, loan matching, risk control, and fraud detection. FinVolution highlighted its achievement of facilitating over $130 billion in loans and announced its goal to increase international revenue to more than 50% of total income by 2030.
The company emphasized its commitment to promoting financial inclusion in the APAC region through technological innovation and collaboration with traditional banking institutions.
FinVolution Group reported its Q3 2024 financial results with total transaction volume reaching RMB52.2 billion, up 1.8% year-over-year. The company's international business showed strong growth with transaction volume reaching RMB2.7 billion, up 22.7% YoY. Net revenue increased to RMB3,276.1 million, up 2.5% YoY, while net profit rose to RMB624.1 million. International revenues grew 8.7% YoY to RMB635.5 million, contributing 19.4% of total revenue. The company maintained strong liquidity with RMB8,970.3 million as of September 30, 2024, up 13.1% from December 2023.
