FinVolution Group Announces Annual Report Filing for 2024

Author: Dylan Bailey Updated: 04-18-2025 04:39 PM

FinVolution Group Files Annual Report for 2024

FinVolution Group, a prominent fintech platform, has successfully filed its annual report on Form 20-F for the fiscal year concluding on December 31, 2024. This filing has been submitted to the Securities and Exchange Commission (SEC). The report details the company's performance, financial health, and operational achievements throughout the year.

Insights into FinVolution's Operations

FinVolution plays a pivotal role in connecting a new generation of borrowers with reputable financial institutions. As the digital finance landscape evolves, FinVolution has been at the forefront since its establishment in 2007, pioneering services in the online consumer finance sector. The company has developed advanced technologies and accumulated extensive expertise in credit risk assessment, fraud detection, big data, and artificial intelligence.

Growth in User Base

By the end of December 2024, FinVolution reported a significant milestone, amassing 208.3 million cumulative registered users. This growth is a testament to the effectiveness of the company’s platforms, which boast automated loan transaction processes that enhance user experience and accessibility.

Innovative Technology and User Experience

The use of proprietary technologies enables FinVolution to streamline operations, ensuring a superior user experience. Their emphasis on automation in loan processing not only enhances efficiency but also provides a reliable platform for borrowers.

Commitment to Transparency

The annual report is available for stakeholders who seek deeper insights into the firm's financial statements and operational strategies. Shareholders and ADS holders are invited to request hard copies of the report, providing them with critical information about their investments. The annual report reflects not only the company's financial status but also its commitment to transparency and accountability.

Contact Information for Inquiries

For those interested in further information regarding FinVolution Group, the company has designated points of contact for inquiries. In China, inquiries should be directed to the Head of Capital Markets, Jimmy Tan. For the United States, Brandi Piacente at Piacente Financial Communications is available to assist. This structured approach to communication underscores their dedication to fostering relationships with investors and stakeholders alike.

Frequently Asked Questions

What is the significance of the annual report on Form 20-F?

The annual report provides a comprehensive view of FinVolution's financial health and operations, serving as a vital tool for investors.

How does FinVolution support borrowers?

FinVolution connects young borrowers with financial institutions, offering access to loans through its innovative fintech platform.

What technological advancements has FinVolution made?

FinVolution employs advanced technologies in credit risk assessment and fraud detection, enhancing the overall user experience.

Where can I access the annual report?

The annual report can be requested in hard copy, or it may be accessed online through the company's investor relations website.

Who can I contact for investor inquiries?

Contact details are available for inquiries directed to Jimmy Tan in China and Brandi Piacente for U.S. inquiries, ensuring accessible communication for stakeholders.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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