FinVolution Group

FinVolution Group is a fintech platform operating in China and key overseas markets. Established in 2007, the company began as a pioneer in China's online consumer finance industry. Since 2018, FinVolution Group has expanded its operations to overseas markets including Indonesia and the Philippines. In 2025, the company further expanded into the Australian market through the acquisition of a licensed lender. FinVolution Group focuses on serving young-generation borrowers who are receptive to internet financial services and whose borrowing needs are unserved or underserved by traditional financial institutions. These borrowers are primarily acquired online across numerous cities and counties. The company primarily offers short-term loans to meet immediate credit needs and help borrowers establish credit history. In 2025, FinVolution Group generated 75.4% of its revenues from China and 24.6% from overseas markets. The average principal amount of loans originated on its platform in China was RMB8,318 in 2023, RMB10,402 in 2024, and RMB10,914 (US$1,561) in 2025. The average loan term was 8.3 months in 2023, 8.0 months in 2024, and 8.3 months in 2025. The platform aims for convenient, simple, and fast loan transactions. In 2023, 2024, and 2025, repeat borrowers, defined as those with at least one prior drawdown, generated 87.2%, 86.5%, and 84.9% of the total loan origination volume on the platform in China, respectively. FinVolution Group also appeals to institutional funding partners by offering a wide range of loan assets. The company provides these partners with opportunities to find high-quality borrowers and achieve attractive returns, offering preliminary credit assessment and other services.