Upgraded FinVolution to Strong Buy due to proven management, consistent revenue growth, and positive cash flow. FINV's successful international expansion in Indonesia and the Philippines, with significant borrower growth, highlights untapped market potential. Loan risk is well-managed with low delinquency rates and improving borrower credit quality, ensuring financial stability.
HONG KONG , Jan. 15, 2025 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech service provider in the pan-Asian region, reaffirmed its commitment yesterday to advancing financial inclusion through cutting-edge credit technology and strategic partnerships at the Asian Financial Forum 2025 in Hong Kong. Dr. Ming Gu, Senior Vice President of FinVolution Group, shared his insights o...
HONG KONG , Jan. 13, 2025 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech company, showcased its cutting-edge, one-stop credit solutions at the prestigious Asian Financial Forum (AFF), held from January 13 to 14, 2025. Dr. Ming Gu, Senior Vice President of FinVolution Group, will participate as a panelist in a workshop, joining industry leaders from across Asia to explore emer...
FinVolution Group's internationalization efforts, big data analytics, and machine learning capabilities could drive significant free cash flow and operational efficiency, making the stock appear undervalued and a buy. The company focuses on young borrowers underserved by traditional institutions, generating revenue through transaction service fees from financial partners. FINV's automated platf...
FinVolution Group's overseas expansion strategy, 'Local Excellence, Global Outlook' (LE-GO), aims for sustainable growth in emerging markets outside China, enhancing its international revenue contribution to 20% in 2024. Despite a saturated China market, FINV's risk management and funding cost optimizations support progressive profit and shareholder returns. The Company's international markets,...
FinVolution Group (NYSE:FINV ) Q3 2024 Results Conference Call November 18, 2024 7:30 PM ET Company Participants Jimmy Tan - Head of IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Alex Ye - UBS Cindy Wang - China Renaissance Yada Li - CICC Operator Hello, ladies and gentlemen. Thank you for participating in the third quarter 2024 earnings conference call for FinVolution Group.
-Third Quarter Total Transaction Volume reached RMB52.2 billion, up 1.8% year-over-year--Third Quarter International Transaction Volume reached RMB2.7 billion, up 22.7% year-over-year--Third Quarter International Revenues increased to RMB635.5 million, up 8.7% year-over-year, contributing 19.4% of total net revenues- SHANGHAI , Nov. 18, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution" or t...
-Earnings Call Scheduled for 7 : 30 p .m. ET on November 18 , 2024- SHANGHAI , Nov. 5, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its third quarter 2024 unaudited financial results, on Monday, November 18, 2024, after the close of U.S. markets.
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