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 (NYSE: FINV) is described in its public communications as a leading fintech platform with strong brand recognition in China, Indonesia and the Philippines, connecting young-generation borrowers with financial institutions. The company operates online consumer finance platforms and regularly reports detailed operating and financial metrics, making its news flow relevant for investors tracking fintech and online lending in these markets.
News about FinVolution frequently centers on its unaudited quarterly financial results. These releases cover total transaction volume, outstanding loan balances, cumulative registered users and borrowers, and the split between China’s Mainland and international markets. They also provide information on revenue composition, including loan facilitation service fees, post-facilitation service fees, guarantee income, net interest income and other revenue, along with credit performance indicators such as delinquency ratios and credit losses for quality assurance commitments.
Another recurring category of news involves capital markets activities and regulatory filings. FinVolution has announced offerings of convertible senior notes due 2030, including proposed terms, pricing and completion, and has discussed the intended use of proceeds for international business expansions, working capital and repurchases of American depositary shares under existing share repurchase programs. The company also issues notices about upcoming earnings releases and conference calls, providing dial-in details and replay information.
Investors and analysts following FINV news can use this page to review earnings announcements, updates on international expansion in Indonesia and the Philippines, disclosures about user and borrower growth, and capital structure developments such as convertible note offerings and share repurchases. Bookmarking this news feed allows users to monitor how FinVolution’s transaction volumes, revenue mix and international contribution evolve over time, based on information the company furnishes through press releases and Form 6-K filings.
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.