FinVolution Group Raises Guidance for Full Year 2021
FinVolution Group American Depositary Shares (FINV)
Company Research
Source: PR Newswire
SHANGHAI, Oct. 20, 2021 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that based on its current assessment of operational and market conditions, the Company has raised its total transaction volume guidance for full year 2021 to a range of RMB130 billion to RMB135 billion, representing a year-on-year increase of 102.8% to 110.6%. The guidance range announced earlier on March 11, 2021 was between RMB100 billion and RMB120 billion.The raised guidance factored in recent changes in macro environment, coupled with the robust strategy execution in the first half of 2021, reflecting greater confidence in business trends and ability to gain further momentum as the Company continues to accelerate its initiatives in international expansion, facilitation for small business owners and continued investment into technology. Along with the successful execution of acquiring better quality borrowers, the percentage
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FINV
Sec Filings
- 3/21/24 - Form 144
- 3/19/24 - Form 6-K
- 2/14/24 - Form SC
- FINV's page on the SEC website