FinVolution Group Announces Strong Q1 2025 Financial Performance with Global Transactions Growth

FinVolution Group Reports Impressive Q1 2025 Financial Results

On May 20, 2025, FinVolution Group, a prominent fintech platform operating in China, Indonesia, and the Philippines, announced its unaudited financial results for the first quarter ended March 31, 2025. The company demonstrated impressive growth in transaction volume and revenues, reinforcing its position within the competitive financial services sector.

Key Financial Metrics

In Q1 2025, FinVolution achieved a total transaction volume of RMB 52.1 billion, marking a 7.9% increase year-over-year. Notably, international transaction volume grew even more robustly, up by 36.4% to reach RMB 3.0 billion, highlighting the company's expanding footprint beyond China.

The company's revenue also saw a healthy rise, totaling RMB 3,481.0 million, a 10.0% year-over-year increase. This positive financial performance is indicative of FinVolution's effective strategy in capturing a larger market share, particularly in international segments, which contributed RMB 710.5 million to total revenues.

Operational Highlights

As of March 31, 2025, FinVolution reported 177.2 million cumulative registered users in the Chinese market, a significant increase of 11.7% compared to the prior year. The cumulative borrower base reached 27.3 million, up by 7.1%, indicating a growing trust among users in the company's financial services. The first quarter alone saw the addition of 2.2 million unique borrowers, reflecting a notable 22.2% increase.

Internationally, FinVolution's user base grew even faster, with registered users totaling 38.9 million, an impressive 45.1% rise year-over-year. The number of unique borrowers in international markets jumped by 106.1% to 1.7 million, showcasing the strong demand for fintech solutions in these regions.

Loan and Revenue Insights

The outstanding loan balance as of March 31, 2025, increased to RMB 74.1 billion, representing a 13.5% year-over-year growth. The average loan size was RMB 10,494, slightly up from RMB 10,121 a year earlier, while the average loan tenure remained consistent at 8.2 months.

FinVolution’s revenue streams diversified, with loan facilitation service fees reaching RMB 1,477.8 million, a substantial increase from RMB 985.9 million in the previous year. This surge is attributed to a rise in transaction volumes and an increase in the average transaction service fees.

Management Commentary

Mr. Tiezheng Li, the Vice Chairman and CEO of FinVolution, expressed confidence in the company's performance despite the seasonal market challenges. He emphasized that it was a quarter marked by operational excellence under the company's strategy of 'Local Excellence, Global Outlook.' He stated, “As of the end of the first quarter of 2025, we had cumulatively served 35.0 million borrowers across China, Indonesia, and the Philippines, while adding 1.2 million new borrowers within the quarter—our third straight quarter surpassing the one million mark.”

Moreover, Mr. Jiayuan Xu, the CFO, highlighted the sustainable growth visible in key financial metrics, noting an increase in net profit that surged to RMB 737.6 million, compared to RMB 532.0 million from the previous year. He reaffirmed FinVolution's commitment to enhancing shareholder returns through a robust balance sheet, with liquidity standing strong at RMB 8.5 billion.

Looking Ahead

FinVolution Group reiterated its full-year financial guidance, expecting revenue in the range of RMB 14.4 billion to RMB 15.0 billion, which translates to a year-over-year growth of 10.0% to 15.0%. The outlook is based on current market conditions and anticipates continued expansion despite macroeconomic uncertainties.

In conclusion, the results from Q1 2025 reflect FinVolution Group's strong operational execution, growing market presence, and the effectiveness of its strategic initiatives aimed at enhancing its financial services offering across Asia. As the company navigates the evolving market landscape, it appears well-positioned to capitalize on emerging opportunities within the fintech sector.