Susquehanna entities report 82.6M FinVolution (FINV) shares, a 13.5% stake

Rhea-AI Filing Summary

Susquehanna Fundamental Investments, LLC and Susquehanna Securities, LLC report beneficial ownership of 82,645,570 Class A Ordinary Shares of FinVolution Group, representing 13.5% of the class. The stake is primarily held through American depositary shares, with Susquehanna Fundamental Investments, LLC holding 38,884 ADSs and Susquehanna Securities, LLC holding 16,490,230 ADSs, where each ADS represents five Shares. As of March 31, 2026, FinVolution had 613,770,009 Shares outstanding, based on the company’s Form 20-F. The Susquehanna entities report both sole and shared voting and dispositive power over these Shares and state they may be deemed a group, while each disclaims beneficial ownership of Shares held directly by the other.

Key Figures

Shares beneficially owned: 82,645,570 Shares Percent of class: 13.5 % Shares outstanding: 613,770,009 Shares +3 more

6 metrics

Shares beneficially owned 82,645,570 Shares Total Class A Ordinary Shares reported as beneficially owned by the Susquehanna entities

Percent of class 13.5 % Percentage of FinVolution Class A Ordinary Shares reported as beneficially owned

Shares outstanding 613,770,009 Shares FinVolution Class A Ordinary Shares outstanding as of March 31, 2026

ADSs held by Susquehanna Fundamental Investments, LLC 38,884 ADSs American depositary shares representing FinVolution Shares held by Susquehanna Fundamental Investments, LLC

ADSs held by Susquehanna Securities, LLC 16,490,230 ADSs American depositary shares representing FinVolution Shares held by Susquehanna Securities, LLC

ADS to Share ratio 1 ADS = 5 Shares Each American depositary share represents five Class A Ordinary Shares

Key Terms

beneficial ownership, American depositary shares, dispositive power, independent broker-dealer, +1 more

5 terms

beneficial ownership financial

"The information required by this Item 4(a) is set forth in Row 9...beneficially owned"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

American depositary shares financial

"The number of Shares reported as beneficially owned...consists of 38,884 American depositary shares ("ADSs")."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

dispositive power financial

"Sole Dispositive Power 194,420.00 8 | Shared Dispositive Power 82,645,570.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

independent broker-dealer financial

"Susquehanna Securities, LLC is an independent broker-dealer which, together with..."

percent of class financial

"Item 4. | Ownership (b) | Percent of class: 13.5 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

FAQ

How many FinVolution (FINV) shares do the Susquehanna entities report owning?

The Susquehanna entities report beneficial ownership of 82,645,570 Class A Ordinary Shares of FinVolution Group. This total reflects holdings primarily through ADSs and represents a significant reported position in the company.

What percentage of FinVolution (FINV) does Susquehanna report owning?

Susquehanna reports beneficial ownership of 13.5% of FinVolution’s Class A Ordinary Shares. This percentage is based on 613,770,009 Shares outstanding as of March 31, 2026, as disclosed in FinVolution’s Form 20-F.

How are Susquehanna’s FinVolution (FINV) holdings structured between the two entities?

Susquehanna Fundamental Investments, LLC holds 38,884 ADSs and Susquehanna Securities, LLC holds 16,490,230 ADSs. Each ADS represents five Shares, together corresponding to the 82,645,570 Shares reported as beneficially owned.

What is the ADS-to-share ratio for FinVolution (FINV) mentioned in this filing?

Each American depositary share (ADS) of FinVolution represents five (5) Class A Ordinary Shares. Susquehanna’s reported positions in ADS form are converted to total Shares using this specified ratio in the ownership disclosure.

How many FinVolution (FINV) shares were outstanding for the ownership calculation?

FinVolution had 613,770,009 Class A Ordinary Shares outstanding as of March 31, 2026. This figure, taken from the company’s Form 20-F, is used to calculate the 13.5% ownership percentage reported by the Susquehanna entities.

Do the Susquehanna entities share voting and dispositive power over FinVolution (FINV) shares?

Yes. The disclosure states they have both sole and shared voting and dispositive power over the reported Shares and may be deemed a group, while each disclaims beneficial ownership of Shares held directly by the other entity.

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Available on EDGAR 08/14/2026 - 02:02 PM Accepted by SEC EDGAR 08/14/2026 - 02:01 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

FinVolution Group

(Name of Issuer)

Class A Ordinary Shares, par value US$0.00001 per share

(Title of Class of Securities)

31810T101

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 31810T101

1

Names of Reporting Persons

Susquehanna Fundamental Investments, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 194,420.00
6	Shared Voting Power 82,645,570.00
7	Sole Dispositive Power 194,420.00
8	Shared Dispositive Power 82,645,570.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

82,645,570.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.5 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, Susquehanna Securities, LLC is an independent broker-dealer which, together with Susquehanna Fundamental Investments, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

SCHEDULE 13G

CUSIP Number(s): 31810T101

1

Names of Reporting Persons

Susquehanna Securities, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 82,451,150.00
6	Shared Voting Power 82,645,570.00
7	Sole Dispositive Power 82,451,150.00
8	Shared Dispositive Power 82,645,570.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

82,645,570.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.5 %

12

Type of Reporting Person (See Instructions)

BD, OO

Comment for Type of Reporting Person: With respect to Row 5 through Row 9 above, Susquehanna Securities, LLC is an independent broker-dealer which, together with Susquehanna Fundamental Investments, LLC, may be deemed a group. For purposes of this report, we have indicated that each reporting person has sole voting and dispositive power with respect to the shares beneficially owned by it and that the reporting persons have shared voting and dispositive power with respect to all shares beneficially owned by all of the reporting persons. Each of the reporting persons disclaims beneficial ownership of shares owned directly by another reporting person.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FinVolution Group
(b)	Address of issuer's principal executive offices: Building G1, No. 999 Dangui Road, Pudong New District, Shanghai 201203, The People's Republic of China
Item 2.
(a)	Name of person filing: This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons" with respect to the shares of Class A Ordinary Shares, par value US$0.00001 per share (the "Shares"), of FinVolution Group (the "Company"). (i) Susquehanna Fundamental Investments, LLC (ii) Susquehanna Securities, LLC
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of Susquehanna Fundamental Investments, LLC and Susquehanna Securities, LLC is: 401 E. City Avenue Suite 220 Bala Cynwyd, PA 19004
(c)	Citizenship: Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)	Title of class of securities: Class A Ordinary Shares, par value US$0.00001 per share
(e)	CUSIP No.: 31810T101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The number of Shares reported as beneficially owned by Susquehanna Fundamental Investments, LLC consists of 38,884 American depositary shares ("ADSs"). The number of Shares reported as beneficially owned by Susquehanna Securities, LLC consists of 16,490,230 ADSs. Each American depositary share represents five (5) Shares. The Company's Annual Report on Form 20-F, filed on April 29, 2026, indicates that there were 613,770,009 Shares outstanding as of March 31, 2026.
(b)	Percent of class: 13.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
	(ii) Shared power to vote or to direct the vote: The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Susquehanna Fundamental Investments, LLC

Signature:	/s/ Brian Sopinsky
Name/Title:	Brian Sopinsky, Assistant Secretary
Date:	08/14/2026

Susquehanna Securities, LLC

Signature:	/s/ Brian Sopinsky
Name/Title:	Brian Sopinsky, Secretary
Date:	08/14/2026

Exhibit Information

EXHIBIT INDEX EXHIBIT DESCRIPTION ________ ________ 99 Joint Filing Agreement* * Previously filed