FinVolution Group Experienced Strong Business Growth and Global Expansion in 2023, Financial Report Shows [Yahoo! Finance]
FinVolution Group American Depositary Shares (FINV)
Company Research
Source: Yahoo! Finance
full year of 2023, highlighting significant global expansion and technological advancements throughout the year. In 2023, FinVolution Group recorded a net revenue of US$1,767.3 million , marking a growth of 12.7% year-on-year, and a net profit of US$335.7 million , up 4.5%. Major operational indicators also experienced an uptick, with US$27.4 billion in facilitated transaction volume and US$9.5 billion in loan balance, up 10.8% and 4.3%, respectively. Continued Business Expansion Established in 2007, FinVolution is committed to providing inclusive finance solutions to underserved borrowers and small business owners in the pan-Asian region. Despite macroeconomic challenges in 2023, the Group continued to expand its business globally. The cumulative number of borrowers served in China Indonesia , and the Philippines reached nearly 30 million, a net increase of around 3 million new borrowers over the previous year. The company's funding sources became more diversified as well,
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FINV
News
- FinVolution Group Files 2023 Annual Report on Form 20-FPR Newswire
- FinVolution's Philippine Subsidiary Cooperates with Union Bank of the Philippines, Accelerating Financial Inclusion [Yahoo! Finance]Yahoo! Finance
- FinVolution's Philippine Subsidiary Cooperates with Union Bank of the Philippines, Accelerating Financial InclusionPR Newswire
- FinVolution Group thông báo tr? thành nhà tài tr? chính th?c cho IWF World Cup 2024PR Web
- ?????????? ????? ???????????????????????????????????????????????????? ????????? 2024PR Web
FINV
Sec Filings
- 4/25/24 - Form 20-F
- 3/21/24 - Form 144
- 3/19/24 - Form 6-K
- FINV's page on the SEC website