, /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform operating across China and overseas markets, today announced the release of its 2025 Environmental, Social, and Governance (ESG) report, the Company's eighth consecutive annual ESG report.
The report provides a comprehensive review of FinVolution's ESG initiatives and achievements in 2025, highlighting continued progress in responsible governance, inclusive finance, employee development, and social impact.
Aligned with its core philosophy of "Technology, Kindness and Green Principles," FinVolution has further embedded ESG considerations throughout its global operations and continued to earn recognition in international capital markets. The Company was honored in the Extel 2026 Asia (Ex-Japan/ANZ) Executive Team Awards and the FinanceAsia 2025 Awards.
Mr. Tiezheng Li, Vice-Chairman and Chief Executive Officer of FinVolution, commented, "In 2025, amid a shifting global economy, we made steady progress on our sustainable development journey. With finance as a bridge, technology as a driver, and community engagement as a foundation, we advanced meaningfully across our ESG priorities. These efforts reflect our firm belief that business value and social value can reinforce one another. Looking ahead, we will continue to uphold our mission with pragmatic action, create lasting value for all stakeholders, and contribute to a more sustainable future."
Key highlights of FinVolution's 2025 ESG report include the Company's efforts in:
Governance, risk management, and business ethics; Fintech innovation, data security, and privacy protection; Inclusive finance and consumer protection; Overseas market expansion; Employee care and diversity; Social responsibility, community engagement, and industry collaboration; Climate action and green transformation. These disclosures detail the Company's strategy for responsible and sustainable growth and innovation. The ESG report has been prepared in compliance with the Global Reporting Initiative's Sustainability Reporting Standards (GRI Standards) and with reference to MSCI ESG Rating Methodology. For more information regarding GRI Standards and MSCI ESG Rating Methodology, please visit:
To download FinVolution's ESG reports, please visit:
https://ir.finvgroup.com/ESG-Sustainability
About FinVolution Group
FinVolution Group is a fintech platform operating across China and overseas markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company operates in China's online consumer finance industry and has developed technologies and experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms feature a highly automated loan transaction process. As of March 31, 2026, the Company had 246.5 million cumulative registered users across China and overseas markets.
For more information, please visit http://ir.finvgroup.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability to attract and retain borrowers and investors on its marketplace, its ability to increase the volume of loans facilitated through the Company's marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: [email protected]
-Full Year 2025 Revenue reached RMB13.6 billion, up 3.8% year-over-year-
-Full Year 2025 International Transaction Volume reached RMB14.0 billion, up 38.6% year-over-year-
- Full Year International Revenues reached RMB3.3 billion, up 32.0% year-over-year and representing 24.6% of total net revenues-
, /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform across China and international markets, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025.
For the Three Months
Ended/As of
YoY
Change
For the Full
Year Ended /
As of December
31,
YoY
Change
December 31,
2024
December
31, 2025
2024
2025
Total Transaction Volume (RMB in
billions)1
56.9
42.8
-24.8 %
206.2
200.3
-2.9 %
Transaction Volume (China's Mainland)2
54.0
38.7
-28.3 %
196.1
186.3
-5.0 %
Transaction Volume (International)3
2.9
4.1
41.4 %
10.1
14.0
38.6 %
Total Outstanding Loan Balance (RMB in
billions)
71.5
70.9
-0.8 %
71.5
70.9
-0.8 %
Outstanding Loan Balance (China's Mainland)4
69.8
68.3
-2.1 %
69.8
68.3
-2.1 %
Outstanding Loan Balance (International)5
1.7
2.6
52.9 %
1.7
2.6
52.9 %
Fourth Quarter 2025 China Market Operational Highlights
Cumulative registered users6 reached 187.4 million as of December 31, 2025, an increase of 8.6% compared with December 31, 2024. Cumulative borrowers7 reached 29.0 million as of December 31, 2025, an increase of 8.2% compared with December 31, 2024. Number of unique borrowers8 for the fourth quarter of 2025 was 1.5 million, a decrease of 28.6% compared with the same period of 2024. Transaction volume2 was RMB38.7 billion for the fourth quarter of 2025, a decrease of 28.3% compared with the same period of 2024. Transaction volume facilitated for repeat individual borrowers9 for the fourth quarter of 2025 was RMB30.8 billion, a decrease of 34.0% compared with the same period of 2024. Outstanding loan balance4 was RMB68.3 billion as of December 31, 2025, a decrease of 2.1% compared with December 31, 2024. Average loan size10 was RMB12,877 for the fourth quarter of 2025, compared with RMB11,466 for the same period of 2024. Average loan tenure11 was 8.2 months for the fourth quarter of 2025, compared with 8.0 months for the same period of 2024. 90 day+ delinquency ratio12 was 2.85% as of December 31, 2025. Fourth Quarter 2025 International Market Operational Highlights
Cumulative registered users13 reached 52.1 million as of December 31, 2025, an increase of 45.9% compared with December 31, 2024. Cumulative borrowers14 for the international markets reached 11.7 million as of December 31, 2025, an increase of 67.1% compared with December 31, 2024. Number of unique borrowers15 for the fourth quarter of 2025 was 3.8 million, an increase of 133.8% compared with the same period of 2024. Number of new borrowers16 for the fourth quarter of 2025 was 1.6 million, an increase of 117.3% compared with the same period of 2024. Transaction volume3 reached RMB4.1 billion for the fourth quarter of 2025, an increase of 41.4% compared with the same period of 2024. Outstanding loan balance5 reached RMB2.6 billion as of December 31, 2025, an increase of 52.9% compared with December 31, 2024. International business revenue was RMB950.9 million (US$136.0 million) for the fourth quarter of 2025, an increase of 28.6% compared with the same period of 2024, representing 31.4% of total revenue for the fourth quarter of 2025. Fourth Quarter 2025 Financial Highlights
Net revenue was RMB3,023.9 million (US$432.4 million) for the fourth quarter of 2025, compared with RMB3,456.7 million for the same period of 2024. Net profit was RMB415.5 million (US$59.4 million) for the fourth quarter of 2025, compared with RMB680.8 million for the same period of 2024. Non-GAAP adjusted operating income,17 which excludes share-based compensation expenses before tax, was RMB519.8 million (US$74.3 million) for the fourth quarter of 2025, compared with RMB822.0 million for the same period of 2024. Diluted net profit per American depositary share ("ADS") was RMB1.63 (US$0.23) and diluted net profit per share was RMB0.33 (US$0.05) for the fourth quarter of 2025, compared with RMB2.61 and RMB0.52 for the same period of 2024, respectively. Non-GAAP diluted net profit per ADS was RMB1.77 (US$0.25) and non-GAAP diluted net profit per share was RMB0.35 (US$0.05) for the fourth quarter of 2025, compared with RMB2.74 and RMB0.55 for the same period of 2024, respectively. Each ADS of the Company represents five Class A ordinary shares of the Company. ________________________________________________________________
1 Represents the total transaction volume facilitated in China's Mainland and the international markets on the Company's platforms during the period presented.
2 Represents our transaction volume facilitated in China's Mainland during the period presented. During the fourth quarter, RMB19.0 billion was facilitated under the capital-light model, for which the Company does not bear principal risk.
3 Represents our transaction volume facilitated in markets outside China's Mainland during the period presented. These operating data include those of Fundo Loans Pty Ltd, an Australian company acquired in October 2025, for the period after its acquisition.
4 Outstanding loan balance (China's Mainland) as of any date refers to the balance of outstanding loans in China's Mainland market excluding loans delinquent for more than 180 days from such date. As of December 31, 2025, RMB37.8 billion was facilitated under the capital-light model, for which the Company does not bear principal risk.
5 Outstanding loan balance (international) as of any date refers to the balance of outstanding loans in the international markets excluding loans delinquent for more than 30 days from such date. These operating data include those of Fundo Loans Pty Ltd, an Australian company acquired in October 2025, as of December 31, 2025, covering both pre- and post-acquisition periods.
6 On a cumulative basis, the total number of users in China's Mainland market registered on the Company's platform as of December 31, 2025.
7 On a cumulative basis, the total number of borrowers in China's Mainland market registered on the Company's platform as of December 31, 2025.
8 Represents the total number of borrowers in China's Mainland who successfully borrowed on the Company's platform during the period presented.
9 Represents the transaction volume facilitated for repeat borrowers in China's Mainland who successfully completed a transaction on the Company's platform during the period presented.
10 Represents the average loan size on the Company's platform in China's Mainland during the period presented.
11 Represents the average loan tenor on the Company's platform in China's Mainland during the period presented.
12 "90 day+ delinquency ratio" refers to the outstanding principal balance of loans, excluding loans facilitated under the capital-light model, that were 90 to 179 calendar days past due as a percentage of the total outstanding principal balance of loans, excluding loans facilitated under the capital-light model on the Company's platform as of a specific date. Loans that originated outside China's Mainland are not included in the calculation.
13 On a cumulative basis, the total number of users registered on the Company's platforms outside China's Mainland market, as of December 31, 2025. These operating data include those of Fundo Loans Pty Ltd, an Australian company acquired in October 2025, as of December 31, 2025, covering both pre- and post-acquisition periods.
14 On a cumulative basis, the total number of borrowers on the Company's platforms outside China's Mainland market, as of December 31, 2025. These operating data include those of Fundo Loans Pty Ltd, an Australian company acquired in October 2025, as of December 31, 2025, covering both pre- and post-acquisition periods.
15 Represents the total number of borrowers outside China's Mainland who successfully borrowed on the Company platforms during the period presented. These operating data include those of Fundo Loans Pty Ltd, an Australian company acquired in October 2025, for the period after its acquisition.
16 Represents the total number of new borrowers outside China's Mainland whose transactions were facilitated on the Company's platforms during the period presented. These operating data include those of Fundo Loans Pty Ltd, an Australian company acquired in October 2025, for the period after its acquisition.
17 Please refer to "UNAUDITED Reconciliation of GAAP and Non-GAAP Results" for reconciliation between GAAP and Non-GAAP adjusted operating income.
Mr. Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution, commented, "In 2025, we proudly celebrated FinVolution's 18th anniversary, marking a milestone in our evolution from a passionate Chinese fintech pioneer to a regional platform expanding responsible credit access across Asia and beyond. Despite a challenging macro and regulatory environment in China, we delivered resilient full-year results, with Group revenue of RMB13.6 billion, up 3.8% year over year, and net profit rising 6.6% to RMB2.5 billion. Our effective 'Local Excellence, Global Outlook' strategy drove international revenue to a record 31.4% contribution in the fourth quarter, highlighted by full-year profitability in Indonesia and the Philippines.
"We also made a strategic entry into our first developed market, Australia, employing the regulatory maturity and consumer-first mindset we have developed in China alongside our successful experience scaling in Southeast Asia. Going forward, our resilient risk management, ongoing AI innovation investments, and responsible growth will ensure prudent management of our China business while continue to accelerate sustainable international expansion. As we build on our international momentum, we remain committed to delivering growth and enduring value for our users, partners, and shareholders through disciplined execution," concluded Mr. Li.
Mr. Jiayuan Xu, Chief Financial Officer of FinVolution, continued, "In the fourth quarter, we navigated a complex environment, prioritizing portfolio quality in China while sustaining strong growth internationally. Group net revenue was RMB3.0 billion and net income was RMB415.5 million, reflecting the near-term impact of tighter underwriting in China, offset by a 28.6% year-over-year increase in international revenues. We also recorded robust international transaction volume growth of 41.4% year over year to RMB4.1 billion and unique borrowers up 133.8% to 3.8 million, underscoring the resilience of our diversified model and our ability to adapt quickly in a dynamic landscape.
"Meanwhile, we continued to deliver meaningful shareholder returns, executing US$107.2 million in full-year buybacks, including a record US$40.7 million in the fourth quarter, and increasing our dividend per ADS by 10.5% to US$0.306, totaling approximately US$74.5 million for 2025. Our Chairman and senior management team recently invested an additional US$1.9 million of their own capital, reflecting strong internal confidence in our valuation and long-term prospects. We will continue to advance our strategy with a clear emphasis on execution quality and portfolio resilience, balancing growth and risk management to drive sustainable returns and value creation," concluded Mr. Xu.
Fourth Quarter 2025 Financial Results
Net revenue for the fourth quarter of 2025 was RMB3,023.9 million (US$432.4 million), compared with RMB3,456.7 million for the same period of 2024. This decrease was primarily due to decreases in loan facilitation service fees, post-facilitation service fees and guarantee income, partially offset by increases in net interest income and other revenue.
Loan facilitation service fees were RMB848.9 million (US$121.4 million) for the fourth quarter of 2025, compared with RMB1,344.8 million for the same period of 2024. The decrease was primarily due to decreases in the transaction volume and average rate of transaction service fees in the China market, partially offset by the increase in transaction volume in international markets.
Post-facilitation service fees were RMB392.8 million (US$56.2 million) for the fourth quarter of 2025, compared with RMB460.5 million for the same period of 2024. This decrease was primarily due to the rolling impact of deferred transaction fees.
Guarantee income was RMB948.5 million (US$135.6 million) for the fourth quarter of 2025, compared with RMB1,205.5 million for the same period of 2024. This decrease was primarily due to the decrease in risk-bearing loans in the China market, as well as the rolling impact of deferred guarantee income. The fair value of quality assurance commitment upon loan origination is released as guarantee income systematically over the term of the loans subject to quality assurance commitment.
Net interest income was RMB471.9 million (US$67.5 million) for the fourth quarter of 2025, compared with RMB217.9 million for the same period of 2024. This increase mainly resulted from the increase in the average outstanding loan balances of on-balance sheet loans in both China and the international markets, partially offset by the decrease in interest yield in the China market.
Other revenue was RMB361.8 million (US$51.7 million) for the fourth quarter of 2025, compared with RMB228.0 million for the same period of 2024. This increase was primarily due to the increase in the contributions from other revenue streams including other value-added services.
Origination, servicing expenses and other costs of revenue were RMB847.3 million (US$121.2 million) for the fourth quarter of 2025, compared with RMB664.0 million for the same period of 2024. This increase was primarily driven by the increase in employee expenditures and higher loan collection expenses in both China and the international markets.
Sales and marketing expenses were RMB512.4 million (US$73.3 million) for the fourth quarter of 2025, compared with RMB531.5 million for the same period of 2024. This decrease was primarily due to improved efficiency and decreased investment in marketing activities in China.
Research and development expenses were RMB142.6 million (US$20.4 million) for the fourth quarter of 2025, compared with RMB126.3 million for the same period of 2024. This increase was primarily due to increased investments in technology development.
General and administrative expenses were RMB124.5 million (US$17.8 million) for the fourth quarter of 2025, compared with RMB112.6 million for the same period of 2024, primarily due to higher professional service fees in the international market.
Provision for accounts receivable and contract assets was RMB106.4 million (US$15.2 million) for the fourth quarter of 2025, compared with RMB95.1 million for the same period of 2024. The increase was primarily due to increased transaction volume of off-balance sheet loans in the international market, partially offset by decrease in volume of off-balance sheet loans in the China market.
Provision for loans receivable was RMB261.7 million (US$37.4 million) for the fourth quarter of 2025, compared with RMB64.3 million for the same period of 2024. This increase was primarily due to the increase in the outstanding loan balance of on-balance sheet loans in both China and the international markets.
Credit losses for quality assurance commitment were RMB546.4 million (US$78.1 million) for the fourth quarter of 2025, compared with RMB1,075.0 million for the same period of 2024. The decrease was primarily due to the decrease in risk-bearing loans in the China market.
Operating profit was RMB482.7 million (US$69.0 million) for the fourth quarter of 2025, compared with RMB787.9 million for the same period of 2024.
Non-GAAP adjusted operating income, which excludes share-based compensation expenses before tax, was RMB519.8 million (US$74.3 million) for the fourth quarter of 2025, compared with RMB822.0 million for the same period of 2024.
Other income was RMB20.8 million (US$3.0 million) for the fourth quarter of 2025, compared with RMB25.9 million for the same period of 2024. The decrease was mainly due to lower gains from a reduction in investment products.
Income tax expense was RMB87.9 million (US$12.6 million) for the fourth quarter of 2025, compared with RMB133.1 million for the same period of 2024. This decrease was mainly due to the decrease in pre-tax profit.
Net profit was RMB415.5 million (US$59.4 million) for the fourth quarter of 2025, compared with RMB680.8 million for the same period of 2024.
Net profit attributable to ordinary shareholders of the Company was RMB424.7 million (US$60.7 million) for the fourth quarter of 2025, compared with RMB680.7 million for the same period of 2024.
Diluted net profit per ADS was RMB1.63 (US$0.23) and diluted net profit per share was RMB0.33 (US$0.05) for the fourth quarter of 2025, compared with RMB2.61 and RMB0.52 for the same period of 2024, respectively.
Non-GAAP diluted net profit per ADS was RMB1.77 (US$0.25) and non-GAAP diluted net profit per share was RMB0.35 (US$0.05) for the fourth quarter of 2025, compared with RMB2.74 and RMB0.55 for the same period of 2024, respectively. Each ADS represents five Class A ordinary shares of the Company.
As of December 31, 2025, the Company had cash and cash equivalents of RMB 4,285.1 million (US$612.8 million) and short-term investments, mainly in wealth management products and term deposits, of RMB3,015.2 million (US$431.2 million).
The following chart shows the historical cumulative 30-day plus past due delinquency rates by loan origination vintage for loan products facilitated through the Company's platform in China's Mainland as of December 31, 2025. Loans facilitated under the capital-light model, for which the Company does not bear principal risk, are excluded from the chart.
Click here to view the chart.
Fiscal Year 2025 Financial Results
Net revenue for 2025 was RMB13,569.5 million (US$ 1,940.4 million), compared with RMB13,065.8 million in 2024. This increase was primarily due to increases in loan facilitation service fees, net interest income and other revenue, partially offset by decreases in guarantee income and post-facilitation service fees.
Loan facilitation service fees were RMB5,176.5 million (US$740.2 million) for 2025, compared with RMB4,694.4 million in 2024. The increase was primarily due to increases in transaction volume and average rate of transaction service fees in the international markets, partially offset by the decreases in transaction volume and average rate of transaction service fees in the China market.
Post-facilitation service fees were RMB1,629.8 million (US$233.1 million) for 2025, compared with RMB1,740.2 million in 2024. This decrease was primarily due to the rolling impact of deferred transaction fees.
Guarantee income was RMB4,124.9 million (US$589.9 million) for 2025, compared with RMB5,085.3 million in 2024. This decrease was primarily due to the decrease in risk-bearing loans in the China market, partially offset by an increase in such loans in international markets, as well as the rolling impact of deferred guarantee income. The fair value of quality assurance commitment upon loan origination is released as guarantee income systematically over the term of the loans subject to quality assurance commitment.
Net interest income was RMB1,336.5 million (US$191.1 million) for 2025, compared with RMB853.8 million in 2024. This increase mainly resulted from the increase in the average outstanding loan balances of on-balance sheet loans in both China and the international markets.
Other revenue was RMB1,301.9 million (US$186.2 million) for 2025, compared with RMB692.1 million in 2024. This increase was primarily due to the increase in the contributions from other revenue streams including other value-added services.
Origination, servicing expenses and other costs of revenue were RMB2,900.1 million (US$414.7 million) for 2025, compared with RMB2,381.8 million in 2024. This increase was primarily driven by higher facilitation costs in both China and international markets.
Sales and marketing expenses were RMB2,200.5 million (US$314.7 million) for 2025, compared with RMB2,014.3 million in 2024 as a result of our more proactive customer acquisition efforts focusing on quality borrowers in both China and the international markets.
Research and development expenses were RMB536.6 million (US$76.7 million) for 2025, compared with RMB496.7 million in 2024. This increase was primarily due to increased investments in technology development.
General and administrative expenses were RMB442.1 million (US$63.2 million) for 2025, compared with RMB413.5 million in 2024, primarily due to increases in rents and renovation expenses, professional service fees and miscellaneous administrative expenses.
Provision for accounts receivable and contract assets was RMB426.0 million (US$60.9 million) for 2025, compared with RMB317.0 million in 2024. The increase was primarily due to increased transaction volume of off-balance sheet loans in the international market.
Provision for loans receivable was RMB637.7 million (US$91.2 million) for 2025, compared with RMB320.0 million in 2024. This increase was primarily due to the increase in the outstanding loan balance of on-balance sheet loans in both China and the international markets.
Credit losses for quality assurance commitment were RMB3,462.4 million (US$495.1 million) for 2025, compared with RMB4,587.3 million in 2024. The decrease was primarily due to the decrease in risk-bearing loans in the China market, partially offset by the increase in risk-bearing loans in the international markets.
Impairment of goodwill and intangible assets was RMB50.7 million (US$7.2 million) for 2025, compared with nil for the same period of 2024. The increase was primarily due to an impairment of goodwill related to a certain micro-lending company acquired by the Group in 2017, following a performance review during the year.
Operating profit was RMB2,913.3 million (US$416.6 million) for 2025, compared with RMB2,535.1 million in 2024.
Non-GAAP adjusted operating income, which excludes share-based compensation expenses before tax, was RMB3,062.3 million (US$437.9 million) for 2025, compared with RMB2,679.2 million in 2024.
Other income was RMB188.1 million (US$26.9 million) for 2025, compared with RMB310.1 million in 2024. The decrease was mainly due to lower gains from a reduction in investment products, reduced income from investments, and the reduction in government subsidies.
Income tax expense was RMB556.2 million (US$79.5 million) for 2025, compared with RMB457.4 million in 2024. This increase was mainly due to the increase in pre-tax profit and the increase in effective tax rate.
Net profit was RMB2,545.2 million (US$364.0 million) for 2025, compared with RMB2,387.8 million in 2024.
Net profit attributable to ordinary shareholders of the Company was RMB2,542.4 million (US$363.6 million) for 2025, compared with RMB2,383.1 million in 2024.
Shares Repurchase Update and Management Purchase
For the full year of 2025, the Company deployed approximately US$107.2 million to repurchase its own Class A ordinary shares in the form of ADSs. These repurchases included US$60.7 million worth of ADSs that were repurchased concurrently with the offering of convertible senior notes in June. As of December 31, 2025, in combination with the Company's historical and existing share repurchase programs, the Company had cumulatively repurchased its own Class A ordinary shares in the form of ADSs with a total aggregate value of approximately US$477.3 million since 2018.
In December 2025, Chairman of the Board Mr. Shaofeng Gu and other senior management of the Company, purchased in their personal capacity approximately 0.37 million of the Company's ADS, with a total aggregate value of approximately US$1.9 million, independently of the Company's share repurchase programs. The share purchases by senior management reflect strong conviction in the Company's resilient business model, solid fundamentals, and accelerating international expansion. We believe these strengths, supported by the current valuation, position the Company well to execute its "Local Excellence, Global Outlook" strategy and deliver sustainable value to all stakeholders.
Business Outlook
Through prudent navigation of a complex environment, the Company delivered solid results in 2025. As a result of the near-term uncertainties introduced by recent regulatory changes in China, the Company expects its full-year 2026 total revenue guidance to be in the range of approximately RMB11.5 billion to RMB12.9 billion, representing a year-over-year decline of approximately 5% to 15%.
The above forecast is based on the current market conditions and reflects the Company's current preliminary views and expectations on market and operational conditions and the regulatory and operating environment, as well as customers' and institutional partners' demands, all of which are subject to change.
Conference Call
The Company's management will host an earnings conference call at 8:30 PM U.S. Eastern Time on March 16, 2026 (8:30 AM Beijing/Hong Kong Time on March 17, 2026).
Dial-in details for the earnings conference call are as follows:
United States (toll free):
+1-888-346-8982
Canada (toll free):
+1-855-669-9657
International:
+1-412-902-4272
Hong Kong, China (toll free):
800-905-945
Mainland, China:
400-120-1203
Participants should dial in at least five minutes before the scheduled start time and ask to be connected to the call for "FinVolution Group".
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.finvgroup.com.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until March 23, 2026, by dialing the following telephone numbers:
United States / Canada (toll free):
+1-855-669-9658
International:
+1-412-317-0088
Replay Access Code:
9046716
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition across China and international markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of December 31, 2025, the Company had 239.6 million cumulative registered users across China and international markets.
For more information, please visit https://ir.finvgroup.com
Use of Non-GAAP Financial Measures
We use non-GAAP adjusted operating income, non-GAAP operating margin, non-GAAP net profit, non-GAAP net profit attributable to FinVolution Group, and non-GAAP basic and diluted net profit per share and per ADS which are non-GAAP financial measures, in evaluating our operating results and for financial and operational decision-making purposes. We believe that these non-GAAP financial measures help identify underlying trends in our business by excluding the impact of share-based compensation expenses and expected discretionary measures. We believe that non-GAAP financial measures provide useful information about our operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making.
Non-GAAP adjusted operating income, non-GAAP operating margin, non-GAAP net profit, non-GAAP net profit attributable to FinVolution Group, and non-GAAP basic and diluted net profit per share and per ADS are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tool, and when assessing our operating performance, cash flows or our liquidity, investors should not consider it in isolation, or as a substitute for net income, cash flows provided by operating activities or other consolidated statements of operation and cash flow data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review our financial information in its entirety and not rely on a single financial measure.
For more information on this non-GAAP financial measure, please see the table captioned "Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release.
Exchange Rate Information
This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the rate in effect as of December 31, 2025 as certified for customs purposes by the Federal Reserve Bank of New York.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability to attract and retain borrowers and investors on its marketplace, its ability to increase volume of loans facilitated through the Company's marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: [email protected]
(All amounts in thousands, except share data, or otherwise noted)
As of December 31,
As of December 31,
2024
2025
RMB
RMB
USD
Assets
Cash and cash equivalents
4,672,772
4,285,121
612,764
Restricted cash
2,074,300
1,912,850
273,534
Short-term investments
2,832,382
3,015,226
431,172
Investments
1,173,003
1,141,816
163,278
Quality assurance receivable, net of credit loss allowance for
quality assurance receivable of RMB426,949 and RMB
581,475 as of December 31, 2024 and December 31, 2025,
respectively
1,639,591
1,315,184
188,069
Intangible assets
137,298
270,246
38,645
Property, equipment and software, net
623,792
641,316
91,707
Loans receivable, net of credit loss allowance for loans
receivable of RMB226,467 and RMB 544,905 as of
December 31, 2024 and December 31, 2025,
respectively
4,157,621
6,471,619
925,429
Accounts receivable and contract assets, net of credit loss
allowance for accounts receivable and contract assets of
RMB290,267 and RMB 340,816 as of December 31, 2024
and December 31, 2025, respectively
2,405,880
2,028,585
290,084
Deferred tax assets
2,513,865
2,992,071
427,860
Right of use assets
36,826
52,020
7,439
Prepaid expenses and other assets
1,289,380
1,207,791
172,712
Goodwill
50,411
79,759
11,405
Total assets
23,607,121
25,413,604
3,634,098
Liabilities and Shareholders' Equity
Deferred guarantee income
1,515,950
1,119,004
160,015
Liability from quality assurance commitment
2,964,116
2,574,842
368,198
Payroll and welfare payable
290,389
361,188
51,649
Taxes payable
705,928
177,064
25,320
Short-term borrowings
5,594
170,408
24,368
Funds payable to investors of consolidated trusts
796,122
778,531
111,328
Contract liability
10,185
226
32
Deferred tax liabilities
491,213
786,556
112,476
Accrued expenses and other liabilities
1,245,184
1,448,231
207,094
Leasing liabilities
28,765
44,711
6,394
Convertible senior notes
-
1,019,266
145,753
Long-term borrowings
-
89,590
12,811
Total liabilities
8,053,446
8,569,617
1,225,438
Commitments and contingencies
FinVolution Group Shareholders' equity
Ordinary shares
103
103
15
Additional paid-in capital
5,815,437
5,908,586
844,917
Treasury stock
(1,765,542)
(2,465,259)
(352,527)
Statutory reserves
852,723
1,042,312
149,049
Accumulated other comprehensive income
92,626
13,027
1,863
Retained Earnings
10,208,717
12,051,332
1,723,318
Total FinVolution Group shareholders' equity
15,204,064
16,550,101
2,366,635
Non-controlling interest
349,611
293,886
42,025
Total shareholders' equity
15,553,675
16,843,987
2,408,660
Total liabilities and shareholders' equity
23,607,121
25,413,604
3,634,098
FinVolution Group
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(All amounts in thousands, except share data, or otherwise noted)
For the Three Months Ended December 31,
For the Year Ended December 31,
2024
2025
2024
2025
RMB
RMB
USD
RMB
RMB
USD
Operating revenue:
Loan facilitation service fees
1,344,799
848,943
121,397
4,694,380
5,176,457
740,224
Post-facilitation service fees
460,465
392,756
56,163
1,740,241
1,629,777
233,055
Guarantee income
1,205,502
948,461
135,628
5,085,296
4,124,934
589,858
Net interest income
217,927
471,922
67,484
853,779
1,336,459
191,111
Other Revenue
227,999
361,802
51,737
692,128
1,301,856
186,163
Net revenue
3,456,692
3,023,884
432,409
13,065,824
13,569,483
1,940,411
Operating expenses:
Origination, servicing expenses and other cost of
revenue
(663,982)
(847,318)
(121,165)
(2,381,839)
(2,900,149)
(414,716)
Sales and marketing expenses
(531,530)
(512,448)
(73,279)
(2,014,254)
(2,200,543)
(314,673)
Research and development expenses
(126,257)
(142,573)
(20,388)
(496,740)
(536,617)
(76,735)
General and administrative expenses
(112,570)
(124,454)
(17,797)
(413,548)
(442,148)
(63,226)
Provision for accounts receivable and contract
assets
(95,132)
(106,405)
(15,216)
(317,049)
(425,966)
(60,912)
Provision for loans receivable
(64,346)
(261,657)
(37,416)
(320,013)
(637,700)
(91,190)
Credit losses for quality assurance commitment
(1,074,955)
(546,374)
(78,130)
(4,587,254)
(3,462,384)
(495,114)
Impairment of goodwill and intangible assets
-
-
-
-
(50,676)
(7,247)
Total operating expenses
(2,668,772)
(2,541,229)
(363,391)
(10,530,697)
(10,656,183)
(1,523,813)
Operating profit
787,920
482,655
69,018
2,535,127
2,913,300
416,598
Other income, net
25,945
20,776
2,971
310,123
188,145
26,904
Profit before income tax expense
813,865
503,431
71,989
2,845,250
3,101,445
443,502
Income tax expenses
(133,110)
(87,904)
(12,570)
(457,405)
(556,243)
(79,542)
Net profit
680,755
415,527
59,419
2,387,845
2,545,202
363,960
Less: Net profit/(loss) attributable to non-
controlling interest shareholders
50
(9,186)
(1,314)
4,699
2,797
400
Net profit attributable to FinVolution Group
680,705
424,713
60,733
2,383,146
2,542,405
363,560
Foreign currency translation adjustment, net of
nil tax
28,205
(18,371)
(2,627)
12,620
(79,599)
(11,383)
Total comprehensive income attributable
to FinVolution Group
708,910
406,342
58,106
2,395,766
2,462,806
352,177
Weighted average number of ordinary shares used
in computing net income per share
Basic
1,266,235,809
1,240,449,252
1,240,449,252
1,287,853,207
1,259,849,521
1,259,849,521
Diluted
1,303,393,465
1,328,365,218
1,328,365,218
1,320,229,492
1,334,237,985
1,334,237,985
Net profit per share attributable to FinVolution
Group's ordinary shareholders
Basic
0.54
0.34
0.05
1.85
2.02
0.29
Diluted
0.52
0.33
0.05
1.81
1.92
0.27
Net profit per ADS attributable to FinVolution
Group's ordinary shareholders (one ADS
equal five ordinary shares)
Basic
2.69
1.71
0.24
9.25
10.09
1.44
Diluted
2.61
1.63
0.23
9.03
9.59
1.37
FinVolution Group
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(All amounts in thousands, except share data, or otherwise noted)
Three Months Ended December 31,
Year Ended December 31,
2024
2025
2024
2025
RMB
RMB
USD
RMB
RMB
USD
Net cash provided by operating
activities
419,707
464,913
66,482
2,893,160
1,867,600
267,064
Net cash used in investing
activities
(737,991)
(330,241)
(47,222)
(2,295,816)
(2,183,697)
(312,263)
Net cash provided by/(used in)
financing activities
127,539
(530,864)
(75,912)
(622,715)
(194,696)
(27,841)
Effect of exchange rate changes
on cash and cash equivalents
5,407
(13,185)
(1,888)
3,053
(38,308)
(5,480)
Net decrease in cash, cash
equivalent and restricted cash
(185,338)
(409,377)
(58,540)
(22,318)
(549,101)
(78,520)
Cash, cash equivalent and
restricted cash at beginning of
period
6,932,410
6,607,348
944,838
6,769,390
6,747,072
964,818
Cash, cash equivalent and
restricted cash at end of period
6,747,072
6,197,971
886,298
6,747,072
6,197,971
886,298
FinVolution Group
UNAUDITED Reconciliation of GAAP and Non-GAAP Results
(All amounts in thousands, except share data, or otherwise noted)
For the Three Months Ended December 31,
For the Year Ended December 31,
2024
2025
2024
2025
RMB
RMB
USD
RMB
RMB
USD
Net Revenues
3,456,692
3,023,884
432,409
13,065,824
13,569,483
1,940,411
Less: total operating expenses
(2,668,772)
(2,541,229)
(363,391)
(10,530,697)
(10,656,183)
(1,523,813)
Operating Income
787,920
482,655
69,018
2,535,127
2,913,300
416,598
Add: share-based compensation expenses
34,064
37,183
5,317
144,052
149,045
21,313
Non-GAAP adjusted operating income
821,984
519,838
74,335
2,679,179
3,062,345
437,911
Operating Margin
22.8 %
16.0 %
16.0 %
19.4 %
21.5 %
21.5 %
Non-GAAP operating margin
23.8 %
17.2 %
17.2 %
20.5 %
22.6 %
22.6 %
Non-GAAP adjusted operating income
821,984
519,838
74,335
2,679,179
3,062,345
437,911
Add: other income, net
25,945
20,776
2,971
310,123
188,145
26,904
Less: income tax expenses
(133,110)
(87,904)
(12,570)
(457,405)
(556,243)
(79,542)
Non-GAAP net profit
714,819
452,710
64,736
2,531,897
2,694,247
385,273
Net profit/(loss) attributable to non-controlling interest
shareholders
50
(9,186)
(1,314)
4,699
2,797
400
Non-GAAP net profit attributable to FinVolution Group
714,769
461,896
66,050
2,527,198
2,691,450
384,873
Weighted average number of ordinary
shares used in computing net income
per share
Basic
1,266,235,809
1,240,449,252
1,240,449,252
1,287,853,207
1,259,849,521
1,259,849,521
Diluted
1,303,393,465
1,328,365,218
1,328,365,218
1,320,229,492
1,334,237,985
1,334,237,985
Non-GAAP net profit per share
attributable to FinVolution Group's
ordinary shareholders
Basic
0.56
0.37
0.05
1.96
2.14
0.31
Diluted
0.55
0.35
0.05
1.91
2.03
0.29
Non-GAAP net profit per ADS
attributable to FinVolution Group's
ordinary shareholders (one ADS equal
five ordinary shares)
-Represents approximately 20.5% payout ratio of Net Income for FY 2025-
-Marks eighth consecutive year of dividend declaration-
, /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform across China and international markets, today announced that its board of directors (the "Board") has approved a cash dividend of US$0.306 per American Depositary Share, which represents a payout ratio of approximately 20.5% of the Company's net income for fiscal year 2025. The dividend is expected to be distributed on or around May 7, 2026 to shareholders of record as of the close of business on April 16, 2026.
The decision to distribute dividends, and the amount of any such dividend payments, is made at the Board's discretion based on the Company's operations, earnings, cash flows, financial condition and other relevant factors.
For fiscal year 2025, the Company's distributions to shareholders will total approximately US$181.7 million, consisting of US$107.2 million in share repurchases and US$74.5 million in dividends, representing a total payout ratio of approximately 50.0%.
Mr. Shaofeng Gu, Chairman of the Board of FinVolution, commented, "We are pleased to declare dividends for the eighth consecutive year, underscoring our unwavering commitment to shareholder returns. The fiscal year 2025 distribution reflects this dedication to creating long-term value, and we will continue to build on this track record of strong and consistent shareholder returns."
Mr. Tiezheng Li, Vice Chairman of the Board and Chief Executive Officer of FinVolution commented, "Our Local Excellence, Global Outlook Strategy continues to drive robust performance across our core China market and accelerating international operations, fueling sustainable, high-quality growth. The strong execution of our capital return program underscores our confidence in our business outlook and our unwavering commitment to sharing the rewards of our growth with shareholders."
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition across China and international markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of December 31, 2025, the Company had 239.6 million cumulative registered users across China and international markets.
For more information, please visit https://ir.finvgroup.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability to attract and retain borrowers and investors on its marketplace, its ability to increase volume of loans facilitated through the Company's marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030 3200 Ext. 8601
Email: [email protected]
FinVolution is rated Buy, with Wall Street mispricing its international growth and over-discounting China risk. FINV's LEGO+ strategy drives a rapid shift to global AI-powered credit, with international revenue now 31.4% and a target of 50% by 2030. Aggressive buybacks below 0.6x book and a 50% payout ratio cap downside, while international scaling and Fundo's Australian entry offer rerating potential.
Shares of PPDAI Group Inc. Sponsored ADR (NYSE: FINV - Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as $4.59 and last traded at $4.6210, with a volume of 141343 shares. The stock had previously closed at $4.74. Wall Street Analyst Weigh In Separately, Weiss Ratings reiterated a
PPDAI Group Inc. Sponsored ADR (NYSE:FINV – Get Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 6,377,563 shares, a growth of 58.5% from the March 15th total of 4,023,909 shares. Based on an average daily volume of 2,302,974 shares, the days-to-cover ratio is currently 2.8 days. Approximately 4.5% of the shares of the stock are sold short.
Analyst Ratings Changes Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of PPDAI Group in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, PPDAI Group currently has an average rating of “Moderate Buy” and a consensus price target of $12.10.
View Our Latest Report on FINV
Institutional Investors Weigh In On PPDAI Group Several large investors have recently bought and sold shares of the business. FourThought Financial Partners LLC bought a new stake in PPDAI Group in the fourth quarter worth $120,000. Abacus Wealth Partners LLC bought a new stake in PPDAI Group in the fourth quarter worth $221,000. Kingswood Wealth Advisors LLC increased its position in PPDAI Group by 28.5% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 16,462 shares of the company’s stock worth $86,000 after purchasing an additional 3,655 shares during the last quarter. Farther Finance Advisors LLC increased its position in PPDAI Group by 57.7% in the fourth quarter. Farther Finance Advisors LLC now owns 5,695 shares of the company’s stock worth $30,000 after purchasing an additional 2,083 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in PPDAI Group by 110.4% in the fourth quarter. SG Americas Securities LLC now owns 26,404 shares of the company’s stock worth $138,000 after purchasing an additional 13,855 shares during the last quarter. Institutional investors own 31.15% of the company’s stock.
PPDAI Group Trading Up 0.7% PPDAI Group stock opened at $4.99 on Tuesday. The stock has a market cap of $1.26 billion, a P/E ratio of 3.72 and a beta of 0.30. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.34 and a quick ratio of 2.86. PPDAI Group has a 1 year low of $4.51 and a 1 year high of $10.90. The firm’s 50 day moving average price is $5.31 and its 200-day moving average price is $5.59.
PPDAI Group (NYSE:FINV – Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $432.21 million for the quarter. PPDAI Group had a net margin of 18.70% and a return on equity of 16.39%.
PPDAI Group Increases Dividend The firm also recently declared an annual dividend, which will be paid on Thursday, May 7th. Investors of record on Thursday, April 16th will be given a $0.306 dividend. This is a boost from PPDAI Group’s previous annual dividend of $0.28. This represents a yield of 497.0%. The ex-dividend date is Thursday, April 16th.
PPDAI Group Company Profile (Get Free Report)
PPDAI Group Inc operates an online consumer finance marketplace that connects individual and institutional investors with personal and small-business borrowers. Through its digital platform, the company facilitates unsecured consumer loans, auto refinancing loans and small-business financing by leveraging proprietary credit assessment tools and big data analytics. Investors gain exposure to a diversified portfolio of retail credit assets, while borrowers benefit from streamlined application processes and competitive financing rates.
At the core of PPDAI’s offering is a multi-layered risk management framework that combines automated credit scoring, manual underwriting oversight and third-party data verification.
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, /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform across China and international markets, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission (the "SEC") on April 29, 2026.
The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.finvgroup.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition across China and international markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of December 31, 2025, the Company had 239.6 million cumulative registered users across China and international markets.
For more information, please visit: http://ir.finvgroup.com.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: [email protected]
FinVolution reported FY25 results with revenue down to CNY3 billion and operating income down 39%, pressured by regulatory and credit headwinds. International expansion continues to be strong, reaching 25% of revenue and a $15 million profit in a phase where underwritings and customer acquisitions are especially costly. There are some headwinds in delinquencies. Domestically, regulations are to blame. Internationally, digital credit quality deteriorated amid broader rate cuts. This type of shock should normalize as regulations are tightening.
-Earnings Call Scheduled for 8:30 p.m. ET on May 25, 2026-
, /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform across China and international markets, today announced that it will report its first quarter 2026 unaudited financial results, on Monday, May 25, 2026.
The Company's management will host an earnings conference call at 8:30 PM U.S. Eastern Time on May 25, 2026 (8:30 AM Beijing/Hong Kong Time on May 26, 2026).
Participants should complete online registration using the link provided below at least 15 minutes before the scheduled start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal PIN and an e-mail with detailed instructions to join the conference call.
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.finvgroup.com.
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition across China and international markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of December 31, 2025, the Company had 239.6 million cumulative registered users across China and international markets.
For more information, please visit https://ir.finvgroup.com.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: [email protected]
SHANGHAI, May 22, 2026 (GLOBE NEWSWIRE) -- FinVolution Group has officially launched the 2026 FinVolution Global Data Science Competition. This year's challenge focused on turn-taking modeling in conversations, with the aim of giving voice AI a sense of when to speak.
Voice interaction has reached the native-audio era, with AI now responding in real time. What it still lacks is something humans do by instinct: knowing when to take a turn, when to stay silent, and when a brief "mm-hm" is the right reply. Without it, even the fastest model talks over users or lets dialogue stall.
This year's participants will be given thirty seconds of dual-channel dialogue as context, predict the speech events likely to occur in the next 800 milliseconds, equipping AI with the social intuition to read user intent and respond at the right moment.
The dataset behind the challenge is built from real dual-channel telephone conversations recorded across 35 regions of China, spanning a wide range of dialects and speaking styles. Audio comes paired with ASR transcripts and word-level timestamps, allowing participants to build pure-audio or multimodal systems.
"For more than a decade, this competition has been our way of connecting academic research with real-world application," said Tiezheng Li, CEO of FinVolution Group. "Turn-taking is one of the open problems in voice interaction today. We hope what's built here reaches far beyond research, letting millions of users experience more natural, more human conversation in everyday life."
The 2026 challenge is supported by the China Computer Federation(CCF) Technical Committee on Natural Language Processing as academic advisor, in collaboration with Fudan University's Natural Language Processing Lab. It is also an official partner competition of the 15th CCF International Conference on Natural Language Processing and Chinese Computing(NLPCC 2026). Top-performing teams will earn a direct path to present at NLPCC 2026 alongside the global NLP research community.
Competition Timeline
The 2026 challenge offers a prize pool of RMB 308,000 (approximately USD 42,900) and will unfold in three stages:
Preliminary Round (May 13 – June 19): Participants train locally and submit their prediction results for real-time scoring by the end of June 16. The list of teams advancing to the semifinals will be announced on June 19.
Semifinals (June 20 – July 16): Semifinalists are required to submit Docker images for evaluation by the end of July 7. Finalists will be announced on July 16.
Final Round (July 16 – late July): Finalists will compete in person before a panel of judges, with the exact date to be announced separately.
Registration is now open through the official competition platform：https://ai.ppdai.com/mirror/show?channel=media1
Over its eleven editions, the FinVolution Global Data Science Competition has drawn close to 10,000 participants from universities, research labs, and technology companies around the world. Past challenges have spanned deepfake detection, credit scoring, fraud detection, user behavior modeling, and dialect recognition. Partnerships with top AI conferences such as IJCAI (2024), CIKM (2025), and now NLPCC (2026) reflect its rising stature in the global AI ecosystem.
About FinVolution Group
FinVolution Group (NYSE: FINV) is a leading fintech company connecting millions of consumers and small businesses with financial institutions through advanced credit technology. Founded in 2007 and listed on the New York Stock Exchange in 2017, the Company operates across China, Indonesia, the Philippines, Pakistan, and Australia, with longstanding work in AI, big data, fraud detection, and credit risk modeling. FinVolution actively supports academic research through long-running sponsorships of premier AI conferences including WWW, IJCAI, CIKM, and NLPCC.
Media Contact
Project name: FinVolution Group
Contact Person: Zhou Zihui
Company website: https://ai.ppdai.com/mirror/show
Email: [email protected]
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, /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform across China and overseas markets, today announced its unaudited financial results for the first quarter ended March 31, 2026.
For the Three Months Ended/As of
YoY
Change
March 31, 2025
March 31, 2026
Total Transaction Volume (RMB in billions)1
52.1
42.6
-18.2 %
- Chinese Mainland2
49.1
38.5
-21.6 %
- Overseas Markets3
3.0
4.1
36.7 %
Total Outstanding Loan Balance (RMB in billions)
74.1
67.7
-8.6 %
- Chinese Mainland4
72.2
65.1
-9.8 %
- Overseas Markets5
1.9
2.6
36.8 %
First Quarter 2026 Highlights
Chinese Mainland Market
Cumulative registered users reached 190.0 million as of March 31, 2026, an increase of 7.2% compared with March 31, 2025. Cumulative borrowers reached 29.6 million as of March 31, 2026, an increase of 8.4% compared with March 31, 2025. Number of unique borrowers6 for the first quarter of 2026 was 1.7 million, a decrease of 22.7% compared with the same period of 2025. Transaction volume2 was RMB38.5 billion for the first quarter of 2026, a decrease of 21.6% compared with the same period of 2025. Transaction volume facilitated for repeat individual borrowers7 for the first quarter of 2026 was RMB31.4 billion, a decrease of 26.3% compared with the same period of 2025. Outstanding loan balance4 was RMB65.1 billion as of March 31, 2026, a decrease of 9.8% compared with March 31, 2025. Average loan size was RMB12,098 for the first quarter of 2026, compared with RMB10,494 for the same period of 2025. Average loan tenure was 8.5 months for the first quarter of 2026, compared with 8.2 months for the same period of 2025. 90 day+ delinquency ratio8 was 3.11% as of March 31, 2026. Net revenue9 was RMB2,216.1 million (US$321.3 million) for the first quarter of 2026, compared with RMB2,770.2 million for the same period of 2025. U.S. GAAP operating profit10 was RMB598.7 million (US$86.8 million) for the first quarter of 2026, compared with RMB913.1 million for the same period of 2025. Non-GAAP adjusted EBITDA11, which excludes depreciation and amortization and share-based compensation expenses from operating profit, was RMB614.9 million (US$89.1 million) for the first quarter of 2026, compared with RMB930.1 million for the same period of 2025. Overseas Markets
Cumulative registered users reached 56.5 million as of March 31, 2026, an increase of 45.2% compared with March 31, 2025. Cumulative borrowers reached 13.4 million as of March 31, 2026, an increase of 76.3% compared with March 31, 2025. Number of unique borrowers12 for the first quarter of 2026 was 4.5 million, an increase of 155.4% compared with the same period of 2025. Number of new borrowers13 for the first quarter of 2026 was 1.7 million, an increase of 160.0% compared with the same period of 2025. Transaction volume3 reached RMB4.1 billion for the first quarter of 2026, an increase of 36.7% compared with the same period of 2025. Outstanding loan balance5 reached RMB2.6 billion as of March 31, 2026, an increase of 36.8% compared with March 31, 2025. Net revenue14 was RMB948.9 million (US$137.6 million) for the first quarter of 2026, an increase of 34.5% compared with the same period of 2025, representing 29.6% of total revenue for the first quarter of 2026. U.S. GAAP operating profit10 was RMB45.8 million (US$6.6 million) for the first quarter of 2026, compared with RMB24.4 million for the same period of 2025. Non-GAAP adjusted EBITDA11, which excludes depreciation and amortization and share-based compensation expenses from operating profit, was RMB47.5 million (US$6.9 million) for the first quarter of 2026, compared with RMB25.5 million for the same period of 2025. Group Financial Highlights
Net revenue was RMB3,210.1 million (US$465.4 million) for the first quarter of 2026, compared with RMB3,481.0 million for the same period of 2025. Net profit was RMB421.1 million (US$61.0 million) for the first quarter of 2026, compared with RMB737.6 million for the same period of 2025. U.S. GAAP operating profit was RMB546.8 million (US$79.3 million) for the first quarter of 2026, compared with RMB883.2 million for the same period of 2025. Non-GAAP adjusted operating profit15, which excludes share-based compensation expenses before tax, was RMB585.0 million (US$84.8 million) for the first quarter of 2026, compared with RMB917.9 million for the same period of 2025. Diluted net profit per American depositary share ("ADS") was RMB1.65 (US$0.24) and diluted net profit per share was RMB0.33 (US$0.05) for the first quarter of 2026, compared with RMB2.84 and RMB0.57 for the same period of 2025, respectively. Non-GAAP diluted net profit per ADS was RMB1.80 (US$0.26) and non-GAAP diluted net profit per share was RMB0.36 (US$0.05) for the first quarter of 2026, compared with RMB2.97 and RMB0.59 for the same period of 2025, respectively. Each ADS of the Company represents five Class A ordinary shares of the Company. ________________________________________________________________
1 Represents the total transaction volume facilitated in the Chinese Mainland and overseas markets on the Company's platform during the period presented.
2 Represents our transaction volume facilitated in the Chinese Mainland during the period presented. During the first quarter, RMB15.5 billion was facilitated under the capital-light model, for which the Company does not bear principal risk.
3 Represents our transaction volume facilitated in Indonesia, the Philippines and Australia during the period presented.
4 Outstanding loan balance as of any date refers to the balance of outstanding loans in the Chinese Mainland market excluding loans delinquent for more than 180 days from such date. As of March 31, 2026, RMB35.0 billion was facilitated under the capital-light model, for which the Company does not bear principal risk.
5 Outstanding loan balance as of any date refers to the balance of outstanding loans in Indonesia, the Philippines and Australia excluding loans delinquent for more than 30 days from such date.
6 Represents the total number of borrowers in the Chinese Mainland who successfully borrowed on the Company's platform during the period presented.
7 Represents the transaction volume facilitated for borrowers who had historically completed a transaction on the Company's platform in the Chinese Mainland during the period presented.
8 "90 day+ delinquency ratio" refers to the outstanding principal balance of loans, excluding loans facilitated under the capital-light model, that were 90 to 179 calendar days past due as a percentage of the total outstanding principal balance of loans, excluding loans facilitated under the capital-light model on the Company's platform as of a specific date. Loans that originated outside the Chinese Mainland are not included in the calculation.
9 Represents revenue from the Chinese Mainland. Prior period segment results from the Chinese Mainland have been recast to conform to the current period presentation. Please refer to the "Selected Segment Information" tables at the end of this release for a breakdown by segment for the periods presented.
10 Please refer to the "Selected Segment Information" tables at the end of this release for reconciliation between Operating Segment Profit/(Loss) and GAAP operating profit.
11 Please refer to the "Selected Segment Information" tables at the end of this release for reconciliation between GAAP operating profit and Non-GAAP adjusted EBITDA.
12 Represents the total number of borrowers in Indonesia, the Philippines and Australia who successfully borrowed on the Company's platforms during the period presented.
13 Represents the total number of new borrowers in Indonesia, the Philippines and Australia whose transactions were facilitated on the Company's platforms during the period presented.
14 Represents revenue from overseas markets outside the Chinese Mainland, namely Indonesia, the Philippines, and Australia. Prior period segment results from overseas markets have been recast to conform to the current period presentation. Please refer to "Selected Segment Information" for a breakdown by segment for the periods presented.
15 Please refer to "UNAUDITED Reconciliation of GAAP and Non-GAAP Results" for reconciliation between GAAP and Non-GAAP adjusted operating profit.
Mr. Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution, commented, "In the first quarter, we delivered continued growth in our overseas business and a resilient performance in the Chinese Mainland segment against an evolving regulatory backdrop, demonstrating the strength of our two-engine model. Beginning this quarter, we are reporting our overseas business as a separate reportable segment, reflecting our strategic trajectory and the earnings power of our diversified business.
"In our Chinese Mainland segment, we executed with discipline, acquiring approximately 0.6 million new borrowers while prioritizing asset quality, customer quality and unit economics. The segment remained stable and profitable, reinforcing its role as the anchor of our operating cash flow.
"Our Overseas Markets segment delivered robust year-over-year revenue growth, contributing 29.6% of our total first quarter revenue. Our 'Local Excellence, Global Outlook+' strategy of transferring proven risk management and operational capabilities across regions drove strong year-over-year loan volume growth and more than doubled our unique overseas borrowers, underscoring our accelerating global traction.
"Looking ahead, we will continue to manage our China business prudently while expanding our overseas platform with deeper integration into the local ecosystems. Supported by strong technology advantages and a healthy balance sheet, we are well-positioned to continue creating durable value for customers and delivering sustainable financial returns for our stakeholders," concluded Mr. Li.
Mr. Jiayuan Xu, Chief Financial Officer of FinVolution, continued, "Total net revenues for the first quarter were RMB3.2 billion, up 6.2% sequentially. Early signs of credit recovery in our Chinese Mainland business supported a recovery in loan origination volume to RMB38.5 billion, driving a 6.9% sequential increase in Chinese Mainland net revenue to RMB2.2 billion. In our overseas markets, revenue grew 34.5% year over year to RMB948.9 million, and operating profit reached RMB45.8 million, up 87.7% year over year, highlighting our overseas platform's scalability and growing operating leverage.
"Meanwhile, we continued to return capital to our shareholders, executing share repurchases totaling US$39.4 million in the first quarter alongside our 8th annual dividend of US$0.306 per ADS in May, a 10.5% increase year over year. We reiterate our full-year 2026 revenue guidance of approximately RMB11.5 billion to RMB12.9 billion, which reflects the expected near-term impact of China's regulatory environment. We remain confident in the resilience of our model and committed to long-term value creation," concluded Mr. Xu.
First Quarter 2026 Financial Results
Net revenue for the first quarter of 2026 was RMB3,210.1 million (US$465.4 million), compared with RMB3,481.0 million for the same period of 2025. This decrease was primarily due to decreases in loan facilitation service fees, post-facilitation service fees and guarantee income, partially offset by increases in net interest income and other revenue.
Loan facilitation service fees were RMB1,181.3 million (US$171.3 million) for the first quarter of 2026, compared with RMB1,477.8 million for the same period of 2025. The decrease was primarily due to decreases in the transaction volume and average rate of transaction service fees in the Chinese Mainland market, partially offset by the increase in transaction volume in overseas markets.
Post-facilitation service fees were RMB348.3 million (US$50.5 million) for the first quarter of 2026, compared with RMB380.6 million for the same period of 2025. This decrease was primarily due to the rolling impact of deferred transaction fees.
Guarantee income was RMB886.1 million (US$128.5 million) for the first quarter of 2026, compared with RMB1,099.5 million for the same period of 2025. This decrease was primarily due to the decrease in risk-bearing loans in the Chinese Mainland market, as well as the rolling impact of deferred guarantee income. The fair value of quality assurance commitment upon loan origination is released as guarantee income systematically over the term of the loans subject to quality assurance commitment.
Net interest income was RMB484.7 million (US$70.3 million) for the first quarter of 2026, compared with RMB241.6 million for the same period of 2025. This increase mainly resulted from the increase in the average outstanding loan balances of on-balance sheet loans in both the Chinese Mainland and overseas markets, partially offset by the decrease in interest yield in the Chinese Mainland market.
Other revenue was RMB309.7 million (US$44.9 million) for the first quarter of 2026, compared with RMB281.5 million for the same period of 2025. This increase was primarily due to the increase in the contributions from other revenue streams, including other value-added services.
Origination, servicing expenses and other costs of revenue were RMB745.2 million (US$108.0 million) for the first quarter of 2026, compared with RMB620.5 million for the same period of 2025. This increase was primarily driven by the increase in employee expenditures and higher loan collection expenses in both the Chinese Mainland and overseas markets.
Sales and marketing expenses were RMB492.4 million (US$71.4 million) for the first quarter of 2026, compared with RMB529.7 million for the same period of 2025. This decrease was primarily due to improved efficiency and decreased investment in marketing activities in the Chinese Mainland market.
Research and development expenses were RMB125.5 million (US$18.2 million) for the first quarter of 2026, compared with RMB126.0 million for the same period of 2025. This decrease was primarily due to efficiency improvements in technology development.
General and administrative expenses were RMB113.8 million (US$16.5 million) for the first quarter of 2026, compared with RMB106.9 million for the same period of 2025, primarily due to an increase in office expenses.
Provision for accounts receivable and contract assets was RMB111.5 million (US$16.2 million) for the first quarter of 2026, compared with RMB117.7 million for the same period of 2025. The decrease was primarily due to decreased transaction volume of off-balance sheet loans in the Chinese Mainland market, partially offset by the increase in volume of off-balance sheet loans in overseas markets.
Provision for loans receivable was RMB218.1 million (US$31.6 million) for the first quarter of 2026, compared with RMB85.4 million for the same period of 2025. This increase was primarily due to the increase in the outstanding loan balance of on-balance sheet loans in the Chinese Mainland and overseas markets.
Credit losses for quality assurance commitment were RMB856.6 million (US$124.2 million) for the first quarter of 2026, compared with RMB1,011.6 million for the same period of 2025. The decrease was primarily due to the decrease in risk-bearing loans in the Chinese Mainland market.
Operating profit was RMB546.8 million (US$79.3 million) for the first quarter of 2026, compared with RMB883.2 million for the same period of 2025.
Non-GAAP adjusted operating profit, which excludes share-based compensation expenses before tax, was RMB585.0 million (US$84.8 million) for the first quarter of 2026, compared with RMB917.9 million for the same period of 2025.
Other income/(expenses) was an expense of RMB15.5 million (US$2.3 million) for the first quarter of 2026, compared with income of RMB9.0 million for the same period of 2025. The decrease was mainly due to foreign exchange losses.
Income tax expense was RMB93.1 million (US$13.5 million) for the first quarter of 2026, compared with RMB153.9 million for the same period of 2025. This decrease was mainly due to the decrease in pre-tax profit.
Net profit was RMB421.1 million (US$61.0 million) for the first quarter of 2026, compared with RMB737.6 million for the same period of 2025.
Net profit attributable to ordinary shareholders of the Company was RMB415.1 million (US$60.2 million) for the first quarter of 2026, compared with RMB746.4 million for the same period of 2025.
Diluted net profit per ADS was RMB1.65 (US$0.24) and diluted net profit per share was RMB0.33 (US$0.05) for the first quarter of 2026, compared with RMB2.84 and RMB0.57 for the same period of 2025, respectively.
Non-GAAP diluted net profit per ADS was RMB1.80 (US$0.26) and non-GAAP diluted net profit per share was RMB0.36 (US$0.05) for the first quarter of 2026, compared with RMB2.97 and RMB0.59 for the same period of 2025, respectively. Each ADS represents five Class A ordinary shares of the Company.
As of March 31, 2026, the Company had cash and cash equivalents of RMB4,687.8 million (US$679.6 million) and short-term investments, mainly in wealth management products and term deposits, of RMB2,643.8 million (US$383.3 million).
The following chart shows the historical cumulative 30-day plus past due delinquency rates by loan origination vintage for loan products facilitated through the Company's platform in the Chinese Mainland as of March 31, 2026. Loans facilitated under the capital-light model, for which the Company does not bear principal risk, are excluded from the chart.
Click here to view the chart.
Shares Repurchase Update
For the first quarter of 2026, the Company deployed approximately US$39.4 million to repurchase its own Class A ordinary shares in the form of ADSs. As of March 31, 2026, in combination with the Company's historical and existing share repurchase programs, the Company had cumulatively repurchased its own Class A ordinary shares in the form of ADSs with a total aggregate value of approximately US$516.7 million since 2018.
Business Outlook
Strong execution of the Company's 'Local Excellence, Global Outlook+' Strategy drove a resilient first quarter performance despite domestic macro headwinds and seasonal softness. The Company reiterates its full-year 2026 total revenue guidance to be in the range of approximately RMB11.5 billion to RMB12.9 billion.
The above forecast is based on the current market conditions and reflects the Company's current preliminary views and expectations on market and operational conditions and the regulatory and operating environment, as well as customers' and institutional partners' demands, all of which are subject to change.
Conference Call
The Company's management will host an earnings conference call at 8:30 PM U.S. Eastern Time on May 25, 2026 (8:30 AM Beijing/Hong Kong Time on May 26, 2026).
Participants should complete online registration using the link provided below at least 15 minutes before the scheduled start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal PIN and an e-mail with detailed instructions to join the conference call.
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.finvgroup.com.
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition across China and overseas markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of March 31, 2026, the Company had 246.5 million cumulative registered users across China and overseas markets.
For more information, please visit https://ir.finvgroup.com
Use of Non-GAAP Financial Measures
We use non-GAAP adjusted operating profit, non-GAAP operating margin, non-GAAP adjusted EBITDA, non-GAAP net profit, non-GAAP net profit attributable to FinVolution Group, and non-GAAP basic and diluted net profit per share and per ADS which are non-GAAP financial measures, in evaluating our operating results and for financial and operational decision-making purposes. We believe that these non-GAAP financial measures help identify underlying trends in our business by excluding the impact of share-based compensation expenses and expected discretionary measures. We believe that non-GAAP financial measures provide useful information about our operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making.
Non-GAAP adjusted operating profit, non-GAAP operating margin, non-GAAP adjusted EBITDA, non-GAAP net profit, non-GAAP net profit attributable to FinVolution Group, and non-GAAP basic and diluted net profit per share and per ADS are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tool, and when assessing our operating performance, cash flows or our liquidity, investors should not consider it in isolation, or as a substitute for net income, cash flows provided by operating activities or other consolidated statements of operation and cash flow data prepared in accordance with U.S. GAAP. The Company encourages investors and others to review our financial information in its entirety and not rely on a single financial measure.
For more information on this non-GAAP financial measure, please see the table captioned "Reconciliations of GAAP and Non-GAAP results" set forth at the end of this press release.
Exchange Rate Information
This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.8980 to US$1.00, the rate in effect as of March 31, 2026 as certified for customs purposes by the Federal Reserve Bank of New York.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability to attract and retain borrowers and investors on its marketplace, its ability to increase volume of loans facilitated through the Company's marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: [email protected]
(All amounts in thousands, except share data, or otherwise noted)
As of December 31,
As of March 31,
2025
2026
RMB
RMB
USD
Assets
Cash and cash equivalents
4,285,121
4,687,773
679,584
Restricted cash
1,912,850
1,862,880
270,061
Short-term investments
3,015,226
2,643,817
383,273
Investments
1,141,816
1,142,087
165,568
Quality assurance receivable, net of credit loss allowance for
quality assurance receivable of RMB581,475 and RMB616,214
as of December 31, 2025 and March 31, 2026, respectively
1,315,184
1,376,678
199,576
Intangible assets
270,246
270,246
39,177
Property, equipment and software, net
641,316
625,456
90,672
Loans receivable, net of credit loss allowance for loans receivable
of RMB544,905 and RMB572,937 as of December 31, 2025 and
March 31, 2026, respectively
6,471,619
6,963,186
1,009,450
Accounts receivable and contract assets, net of credit loss
allowance for accounts receivable and contract assets of
RMB340,816 and RMB349,157 as of December 31, 2025 and
March 31, 2026, respectively
2,028,585
1,599,215
231,838
Deferred tax assets
2,992,071
3,219,281
466,698
Right of use assets
52,020
50,340
7,298
Prepaid expenses and other assets
1,207,791
1,168,487
169,395
Goodwill
79,759
79,759
11,563
Total assets
25,413,604
25,689,205
3,724,153
Deferred guarantee income
1,119,004
1,130,264
163,854
Liability from quality assurance commitment
2,574,842
2,374,176
344,183
Payroll and welfare payable
361,188
186,742
27,072
Taxes payable
177,064
428,808
62,164
Short-term borrowings
170,408
192,101
27,849
Funds payable to investors of consolidated trusts
778,531
974,768
141,312
Contract liability
226
-
-
Deferred tax liabilities
786,556
787,615
114,180
Accrued expenses and other liabilities
1,448,231
1,380,470
200,126
Leasing liabilities
44,711
44,760
6,489
Dividends payable
-
506,708
73,457
Convertible senior notes
1,019,266
1,005,162
145,718
Long-term borrowings
89,590
132,118
19,153
Total liabilities
8,569,617
9,143,692
1,325,557
Commitments and contingencies
FinVolution Group Shareholders' equity
Ordinary shares
103
103
15
Additional paid-in capital
5,908,586
5,942,443
861,473
Treasury stock
(2,465,259)
(2,736,995)
(396,781)
Statutory reserves
1,042,312
1,042,312
151,104
Accumulated other comprehensive income
13,027
38,083
5,521
Retained Earnings
12,051,332
11,959,686
1,733,790
Total FinVolution Group shareholders' equity
16,550,101
16,245,632
2,355,122
Non-controlling interest
293,886
299,881
43,474
Total shareholders' equity
16,843,987
16,545,513
2,398,596
Total liabilities and shareholders' equity
25,413,604
25,689,205
3,724,153
FinVolution Group
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(All amounts in thousands, except share data, or otherwise noted)
For the Three Months Ended March 31,
2025
2026
RMB
RMB
USD
Operating revenue:
Loan facilitation service fees
1,477,798
1,181,314
171,255
Post-facilitation service fees
380,614
348,343
50,499
Guarantee income
1,099,514
886,069
128,453
Net interest income
241,614
484,681
70,264
Other revenue
281,501
309,655
44,890
Net revenue
3,481,041
3,210,062
465,361
Operating expenses:
Origination, servicing expenses and other costs of revenue
(620,465)
(745,172)
(108,027)
Sales and marketing expenses
(529,703)
(492,447)
(71,390)
Research and development expenses
(126,041)
(125,459)
(18,188)
General and administrative expenses
(106,894)
(113,843)
(16,504)
Provision for accounts receivable and contract assets
(117,718)
(111,514)
(16,166)
Provision for loans receivable
(85,414)
(218,148)
(31,625)
Credit losses for quality assurance commitment
(1,011,615)
(856,637)
(124,186)
Total operating expenses
(2,597,850)
(2,663,220)
(386,086)
Operating profit
883,191
546,842
79,275
Interest expenses
(652)
(17,147)
(2,486)
Other income/(expenses), net
9,033
(15,521)
(2,250)
Profit before income tax expense
891,572
514,174
74,539
Income tax expenses
(153,931)
(93,117)
(13,499)
Net profit
737,641
421,057
61,040
Less: Net (loss)/profit attributable to non-controlling interest shareholders
(8,765)
5,995
869
Net profit attributable to FinVolution Group
746,406
415,062
60,171
Foreign currency translation adjustment, net of nil tax
(16,273)
25,056
3,632
Total comprehensive income attributable to FinVolution Group
730,133
440,118
63,803
Weighted average number of ordinary shares used in computing net profit per share
Basic
1,265,759,932
1,194,294,986
1,194,294,986
Diluted
1,315,948,116
1,283,838,301
1,283,838,301
Net profit per share attributable to FinVolution Group's ordinary shareholders
Basic
0.59
0.35
0.05
Diluted
0.57
0.33
0.05
Net profit per ADS attributable to FinVolution Group's ordinary shareholders (one ADS equals five ordinary shares)
Basic
2.95
1.74
0.25
Diluted
2.84
1.65
0.24
FinVolution Group
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(All amounts in thousands, except share data, or otherwise noted)
Three Months Ended March 31,
2025
2026
RMB
RMB
USD
Net cash provided by operating activities
522,335
225,990
32,760
Net cash provided by investing activities
365,196
146,022
21,168
Net cash (used in)/provided by financing activities
(198,331)
9,418
1,366
Effect of exchange rate changes on cash and cash equivalents
(11,265)
(28,748)
(4,166)
Net increase in cash, cash equivalents and restricted cash
677,935
352,682
51,128
Cash, cash equivalents and restricted cash at beginning of period
6,747,072
6,197,971
898,517
Cash, cash equivalents and restricted cash at end of period
7,425,007
6,550,653
949,645
FinVolution Group
UNAUDITED Reconciliation of GAAP and Non-GAAP Results
(All amounts in thousands, except share data, or otherwise noted)
For the Three Months Ended March 31,
2025
2026
RMB
RMB
USD
Net Revenue
3,481,041
3,210,062
465,361
Less: total operating expenses
(2,597,850)
(2,663,220)
(386,086)
Operating Profit
883,191
546,842
79,275
Add: share-based compensation expenses
34,679
38,173
5,534
Non-GAAP adjusted operating profit
917,870
585,015
84,809
Operating Margin
25.4 %
17.0 %
17.0 %
Non-GAAP operating margin
26.4 %
18.2 %
18.2 %
Non-GAAP adjusted operating profit
917,870
585,015
84,809
Less: interest expenses
(652)
(17,147)
(2,486)
Add: other income/(expenses), net
9,033
(15,521)
(2,250)
Less: income tax expenses
(153,931)
(93,117)
(13,499)
Non-GAAP net profit
772,320
459,230
66,574
Less: Net (loss)/profit attributable to non-controlling interest shareholders
(8,765)
5,995
869
Non-GAAP net profit attributable to FinVolution Group
781,085
453,235
65,705
Weighted average number of ordinary shares used in computing net profit per share
Basic
1,265,759,932
1,194,294,986
1,194,294,986
Diluted
1,315,948,116
1,283,838,301
1,283,838,301
Non-GAAP net profit per share attributable to FinVolution Group's ordinary shareholders
Basic
0.62
0.38
0.06
Diluted
0.59
0.36
0.05
Non-GAAP net profit per ADS attributable to FinVolution Group's ordinary shareholders (one ADS equals
five ordinary shares)
Basic
3.09
1.90
0.28
Diluted
2.97
1.80
0.26
FinVolution Group
Selected Segment Information
(All amounts in thousands, except share data, or otherwise noted)
For the Three Months Ended March 31, 2026
Chinese Mainland
Overseas Markets(1)
Others(2)
Elimination
Total
RMB
RMB
RMB
RMB
RMB
Net Revenue
2,216,096
948,946
50,148
(5,128)
3,210,062
Less(3): Operating Expenses (4)
(1,617,349)
(903,196)
(88,761)
5,128
(2,604,178)
Operating Segment Profit/(Loss)
598,747
45,750
(38,613)
-
605,884
Less: Unallocated expenses(5)
(59,042)
Operating profit
546,842
For the Three Months Ended March 31, 2025
Chinese Mainland
Overseas Markets(1)
Others(2)
Elimination
Total
RMB
RMB
RMB
RMB
RMB
Net Revenue
2,770,160
705,343
8,250
(2,712)
3,481,041
Less(3): Operating Expenses (4)
(1,857,018)
(680,964)
(27,901)
2,712
(2,563,171)
Operating Segment Profit/(Loss)
913,142
24,379
(19,651)
-
917,870
Less: Unallocated expenses(5)
(34,679)
Operating profit
883,191
Notes:
(1): "Overseas Markets" includes Indonesia, the Philippines and Australia.
(2): "Others" includes a combination of multiple business activities that each does not meet the quantitative thresholds to qualify as reportable segments.
(3): The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(4): "Operating Expenses" includes Origination, servicing expenses and other costs of revenue, Sales and marketing expenses, General and
administrative expenses, Research and development expenses, Credit losses for quality assurance commitment, Provision for loans receivable and Provision
for accounts receivable and contract assets.
(5): Unallocated expenses are mainly related to share-based compensation, impairment of goodwill of prior acquisitions, and other miscellaneous items that
are not allocated to segments. These expenses are excluded from segment results as they are not reviewed by the CODM as part of segment performance.
FinVolution Group
Selected Segment Information
(All amounts in thousands, except share data, or otherwise noted)
For the Three Months Ended March 31, 2026
Chinese Mainland
Overseas Markets
Others
Unallocated expenses
Total
RMB
RMB
RMB
RMB
RMB
Operating profit
598,747
45,750
(38,613)
(59,042)
546,842
Add: Depreciation and amortization
16,180
1,785
116
-
18,081
Add: Share-based compensation expenses
-
-
-
38,173
38,173
Non-GAAP Adjusted EBITDA
614,927
47,535
(38,497)
(20,869)
603,096
For the Three Months Ended March 31, 2025
Chinese Mainland
Overseas Markets
Others
Unallocated expenses
Total
RMB
RMB
RMB
RMB
RMB
Operating profit
913,142
24,379
(19,651)
(34,679)
883,191
Add: Depreciation and amortization
16,919
1,104
11
-
18,034
Add: Share-based compensation expenses
-
-
-
34,679
34,679
Non-GAAP Adjusted EBITDA
930,061
25,483
(19,640)
-
935,904
Note:
"Non-GAAP Adjusted EBITDA" represents operating profit (loss) plus (a) depreciation and amortization expenses and (b) share-based compensation expenses.
, /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform across China and overseas markets, today announced that the board of directors of the Company (the "Board") has authorized a new share repurchase program (the "New Share Repurchase Program") effective on May 30, 2026. Pursuant to the New Share Repurchase Program, the Company may repurchase up to US$150.0 million worth of its shares (including ADSs) during the period from May 30, 2026 to May 29, 2028.
Mr. Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution Group, said, "Shareholder return remains a cornerstone of our capital allocation strategy. Since the initial launch of our first share repurchase program on March 21, 2018, through March 31, 2026, we have cumulatively deployed approximately US$516.7 million to repurchase the Company's ADSs. The New Share Repurchase Program is also our fifth share repurchase program, reflecting our continued commitment to shareholder value creation. Supported by a healthy balance sheet and strong confidence in our 'Local Excellence, Global Outlook+' strategy, we continue to believe in the underlying value of the investment in our own equity."
Mr. Shaofeng Gu, Chairman of FinVolution Group, added, "The Board's approval of this new program reflects our conviction in the Company's growth trajectory and disciplined approach to capital allocation. As our international platform continues to gain traction across multiple geographies and our domestic operations deliver stable profitability, we believe share buybacks represent a compelling use of capital. We are confident in our ability to deliver sustainable long-term returns to our stakeholders."
The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Board will review the share repurchase program periodically, and may authorize adjustment of its terms and size.
About FinVolution Group
FinVolution Group is a leading fintech platform with strong brand recognition across China and overseas markets, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of March 31, 2026, the Company had 246.5 million cumulative registered users across China and overseas markets.
For more information, please visit https://ir.finvgroup.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability to attract and retain borrowers and investors on its marketplace, its ability to increase volume of loans facilitated through the Company's marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030 3200 Ext. 8601
E-mail: [email protected]
Chinese Fintech FinVolution: Buy, Sell, or Hold?PPDAI Group NYSE: FINV, referred to on the call as FinVolution Group, reported a steady first quarter of 2026 as management highlighted improving credit trends in China, continued overseas growth and a new reporting structure designed to give investors more visibility into its international operations.
Chief Executive Officer Tiezheng “Tim” Li said the company entered the year with “clarity, not certainty,” and that early results showed the impact of disciplined decisions made in 2025. Despite normal first-quarter seasonal softness, total transaction volume was RMB 42.6 billion, roughly in line with the prior quarter. Group net revenue reached RMB 3.2 billion, up 6% sequentially, while net profit was RMB 421 million, up 1% sequentially. Li said foreign exchange fluctuations affected bottom-line growth.
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Management said overseas markets accounted for 30% of group revenue during the quarter and have become “a second profitable engine” for the business. For the first time, the company disclosed overseas operations as a separate reportable segment.
China Business Shows Early Risk Improvement Li described the first quarter in mainland China as a period of “patience,” with early signs of recovery but continued regulatory uncertainty. China transaction volume was RMB 38.5 billion, roughly flat sequentially, despite the Chinese New Year holiday period.
Chief Financial Officer Jiayuan “Alexis” Xu said China net revenue was RMB 2.2 billion, up 7% sequentially. The take rate rose from 3.0% to 3.2%, supported by better risk performance.
Management pointed to several indicators showing improved credit conditions in China:
Vintage delinquency eased from 3.0% to 2.7%. Day-one delinquency improved from 5.5% to 5.2%. The 30-day collection rate rose from 85.9% to 86.8%. The M2 default rate declined from 0.77% to 0.68%. Li said actions taken in the second half of 2025 were helping credit risk return to a healthier baseline. Xu added that the company selectively broadened credit appetite as asset quality improved, while maintaining stable funding partnerships with financial institutions.
FinVolution added about 0.6 million new borrowers in China during the quarter, up 7% sequentially. Management said this occurred even as sales and marketing spending in China was reduced, helped by improved targeting, higher conversion and lower customer acquisition costs.
Overseas Segment Gains Scale and Profitability The newly disclosed overseas segment includes Indonesia, the Philippines and Australia. Xu said the segment had reached a point where separate reporting better reflects its scale, profitability and growth trajectory.
Overseas revenue was RMB 949 million in the first quarter, up 35% year over year. Operating profit reached RMB 46 million, up 88% year over year, while adjusted EBITDA was RMB 47.5 million, up 87% year over year. Management said all three overseas markets contributed to profitability.
Overseas transaction volume was RMB 4.1 billion, broadly flat sequentially, with management noting that the first quarter is also seasonally slow in international markets. On a year-over-year basis, overseas loan volume rose 35%, loan balance increased 38% and unique borrowers more than doubled to 4.5 million.
In Indonesia, Xu said offline buy now, pay later remained the primary growth engine despite Ramadan, with both transaction volume and loan balance up 5% sequentially. Unique borrowers in Indonesia reached 3.2 million, nearly five times the level from a year earlier.
In the Philippines, management said it deliberately moderated origination ahead of a new interest rate regime taking effect in the second quarter. Xu said the company had previously navigated pricing transitions in Indonesia and China and was applying a similar approach in the Philippines.
In Australia, Li said the company is expanding customer acquisition channels, migrating the platform to proprietary risk infrastructure and deploying credit models tailored to Australian consumers. Xu said credit trends in Australia moved lower from the prior quarter’s seasonal peak, and transaction volume still grew sequentially despite first-quarter softness.
AI and Technology Remain Central to Operations Li said artificial intelligence is now “how we run the business,” rather than merely a supporting capability. The company has nearly 120 active AI-related initiatives across the business, with more than half embedded directly in frontline operations.
Management cited AI collection agents as one example. Li said they are the default touchpoint for pre-due reminders in some overseas businesses and are handling 50% of early-stage collections at recovery efficiency levels in line with historical benchmarks.
Xu also said large language models are being used in China to refine risk analysis, fraud detection and intelligent post-loan collections. In response to an analyst question, Xu said asset quality continued to improve into the second quarter, with day-one delinquency falling below 5% by the end of April, returning to levels seen in July and August of the prior year.
Buybacks, Dividend and Regulatory Outlook During the question-and-answer session, UBS analyst Xiaoxiong Ye asked about the company’s buyback plans and regulatory developments. Xu said the company repurchased about $14 million of shares in the fourth quarter of 2025, another $39 million in the first quarter of 2026 and an additional $15 million by the end of April, for about $54 million deployed this year. He said about $20 million remained under the current program, and the board had approved a new $150 million buyback program lasting two years.
Xu said capital allocation will balance business expansion, particularly overseas, with share repurchases when the stock trades at what management views as a dislocated price.
On regulation, Li addressed new rules related to online marketing of financial products. He said the regulation continues a trend toward consumer protection, licensed participation in financial products and clearer boundaries between technology and finance. Li said marketing rules are tightening, user traffic flows from third-party platforms may require workflow changes, and core financial decisions such as credit approval and risk assessment must remain with licensed financial institutions.
“This has always been our model,” Li said, adding that FinVolution provides technology and data tools while partners make final decisions. He said the company views the higher regulatory bar as a medium- to long-term positive, though near-term adjustments will be required.
The company reiterated full-year 2026 revenue guidance of RMB 11.5 billion to RMB 12.9 billion. Xu said China remains a resilient foundation while overseas operations are scaling profitability alongside it.
About PPDAI Group NYSE: FINVPPDAI Group Inc operates an online consumer finance marketplace that connects individual and institutional investors with personal and small-business borrowers. Through its digital platform, the company facilitates unsecured consumer loans, auto refinancing loans and small-business financing by leveraging proprietary credit assessment tools and big data analytics. Investors gain exposure to a diversified portfolio of retail credit assets, while borrowers benefit from streamlined application processes and competitive financing rates.
At the core of PPDAI's offering is a multi-layered risk management framework that combines automated credit scoring, manual underwriting oversight and third-party data verification.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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FinVolution remains a Buy as I see multiple tailwinds despite recent underperformance versus the benchmark. FINV trades at a low single-digit forward P/E, with a $150 million share repurchase program supporting bottom-line growth. Management reiterated full-year guidance, signaling confidence despite temporary margin impacts from Chinese regulatory restrictions.
SHANGHAI, May 28, 2026 (GLOBE NEWSWIRE) -- FinVolution Group officially launched the 2026 FinVolution Global Data Science Competition in May 2026. This year's challenge focused on turn-taking modeling in conversations, with the aim of giving voice AI a sense of when to speak.
Voice interaction has reached the native-audio era, with AI now responding in real time. What it still lacks is something humans do by instinct: knowing when to take a turn, when to stay silent, and when a brief "mm-hm" is the right reply. Without it, even the fastest model talks over users or lets dialogue stall.
This year's participants will be given thirty seconds of dual-channel dialogue as context, predict the speech events likely to occur in the next 800 milliseconds, equipping AI with the social intuition to read user intent and respond at the right moment.
The dataset behind the challenge is built from real dual-channel telephone conversations recorded across 35 regions of China, spanning a wide range of dialects and speaking styles. Audio comes paired with ASR transcripts and word-level timestamps, allowing participants to build pure-audio or multimodal systems.
"For more than a decade, this competition has been our way of connecting academic research with real-world application," said Tiezheng Li, CEO of FinVolution Group. "Turn-taking is one of the open problems in voice interaction today. We hope what's built here reaches far beyond research, letting millions of users experience more natural, more human conversation in everyday life."
The 2026 challenge is supported by the China Computer Federation(CCF) Technical Committee on Natural Language Processing as academic advisor, in collaboration with Fudan University's Natural Language Processing Lab. It is also an official partner competition of the 15th CCF International Conference on Natural Language Processing and Chinese Computing(NLPCC 2026). Top-performing teams will earn a direct path to present at NLPCC 2026 alongside the global NLP research community.
Competition Timeline
The 2026 challenge offers a prize pool of RMB 308,000 (approximately USD 42,900) and will unfold in three stages:
Preliminary Round (May 13 – June 19): Participants train locally and submit their prediction results for real-time scoring by the end of June 16. The list of teams advancing to the semifinals will be announced on June 19.
Semifinals (June 20 – July 16): Semifinalists are required to submit Docker images for evaluation by the end of July 7. Finalists will be announced on July 16.
Final Round (July 16 – late July): Finalists will compete in person before a panel of judges, with the exact date to be announced separately.
Registration is now open through the official competition platform：https://ai.ppdai.com/mirror/show?channel=media2
Over its eleven editions, the FinVolution Global Data Science Competition has drawn close to 10,000 participants from universities, research labs, and technology companies around the world. Past challenges have spanned deepfake detection, credit scoring, fraud detection, user behavior modeling, and dialect recognition. Partnerships with top AI conferences such as IJCAI (2024), CIKM (2025), and now NLPCC (2026) reflect its rising stature in the global AI ecosystem.
About FinVolution Group
FinVolution Group (NYSE: FINV) is a leading fintech company connecting millions of consumers and small businesses with financial institutions through advanced credit technology. Founded in 2007 and listed on the New York Stock Exchange in 2017, the Company operates across China, Indonesia, the Philippines, Pakistan, and Australia, with longstanding work in AI, big data, fraud detection, and credit risk modeling. FinVolution actively supports academic research through long-running sponsorships of premier AI conferences including WWW, IJCAI, CIKM, and NLPCC.
