FinVolution Group Submits 2024 Annual Report to Securities and Exchange Commission
On April 18, 2025, FinVolution Group, a prominent fintech platform operating across China, Indonesia, and the Philippines, announced the submission of its annual report for the fiscal year ending December 31, 2024. This report was filed with the Securities and Exchange Commission (SEC) and is accessible through the SEC's website as well as FinVolution's investor relations portal.
The annual report on Form 20-F not only highlights the company's financial performance but also aims to keep shareholders and American Depositary Share (ADS) holders well-informed. In line with its commitment to transparency, FinVolution Group is offering printed copies of the annual report, which includes audited consolidated financial statements, to shareholders who request them.
Founded in 2007, FinVolution Group has established itself as a trailblazer in the online consumer finance industry in China and beyond. The company has continuously focused on connecting young borrowers with financial institutions, a demographic that often faces challenges in accessing traditional banking services. Leveraging advanced technologies including artificial intelligence and big data, FinVolution has developed an efficient and automated loan transaction process that enhances the user experience.
As of December 31, 2024, FinVolution boasted an impressive cumulative total of 208.3 million registered users across its platforms in Asia. This figure underscores the fintech's expanding market presence and its significant role in reshaping consumer finance in the region. The company's innovative focus enables it to perform advanced credit risk assessments and fraud detection, essential components for fostering trustworthy lending practices.
FinVolution’s platforms provide financial services that not only empower individuals but also stimulate economic growth across the regions in which it operates. The firm’s ability to harness cutting-edge technology serves as a fundamental part of its strategy to meet the evolving needs of borrowers while also ensuring robustness in risk management.
For those interested in further details regarding FinVolution Group's performance and future strategies, the report is available for review online. The fintech firm continues to emphasize its dedication to institutional integrity and shareholder value as it navigates the complex landscape of the financial sector.
For media inquiries or investor questions, the company provides contact information for its dedicated Capital Markets representatives in both China and the United States. Through proactive communication and outreach, FinVolution Group aims to maintain an open channel with its stakeholders while providing updates on its sustained growth and innovations in financial technology.
In a developing financial ecosystem, the 2024 annual report is poised to serve as a crucial tool in evaluating FinVolution Group's trajectory, reinforcing stakeholder confidence and showcasing the company's commitment to its founding principles of innovation and service excellence in the financial industry.