Finvolution Group Stock Price, News & Analysis

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.

FinVolution Group (NYSE: FINV), a leading fintech platform, has scheduled its third quarter 2024 unaudited financial results announcement for Monday, November 18, 2024, after U.S. markets close. The company will host an earnings conference call at 7:30 PM ET on November 18, 2024 (8:30 AM Beijing/Hong Kong Time on November 19, 2024). The earnings call will be accessible via multiple international dial-in numbers and will be archived for replay until November 25, 2024. A live and archived webcast will also be available on FinVolution's investor relations website.

FinVolution Group's Indonesian subsidiary AdaKami has secured a strategic funding agreement with PT Super Bank Indonesia. The agreement provides AdaKami with a 500.0 billion Rupiah (approximately US$32.0 million) funding facility. This partnership validates AdaKami's successful transition to serving better-quality borrowers and adds to its existing partnerships with multiple lenders including Seabank, Bank Jago, Bank Permata, and OCBC NISP. The collaboration aims to promote financial inclusion while expanding FinVolution's business footprint in Indonesia.

FinVolution Group (NYSE: FINV) reported its unaudited financial results for the second quarter of 2024. Net revenue reached RMB3,168.0 million ($435.9 million), up 3% YoY. Net profit was RMB551.0 million ($75.8 million), a decrease from RMB590.1 million in the same period last year. International transaction volume soared 27.8% YoY to RMB2.3 billion, while China's transaction volume increased by 2% to RMB46.4 billion. International revenues grew 12% YoY to RMB562.9 million, contributing 17.8% of total revenue. The company repurchased approximately $29.6 million worth of shares in Q2. Despite the macroeconomic uncertainties, the company reiterated its full-year 2024 transaction volume guidance for China and international markets, projecting growth rates of 5-10% and 20-40%, respectively.

FinVolution Group (NYSE: FINV), a leading fintech platform, has announced it will report its second quarter 2024 unaudited financial results on Tuesday, August 20, 2024, after the close of U.S. markets. The company will host an earnings conference call at 8:30 PM U.S. Eastern Time on the same day (8:30 AM Beijing/Hong Kong Time on August 21, 2024).

Investors and analysts can join the call using various toll-free and international dial-in numbers provided. A live and archived webcast of the conference call will also be available on FinVolution's investor relations website. Additionally, a replay of the call will be accessible until August 27, 2024, using the provided replay access code.