FinVolution's Philippines Subsidiary Cooperates with Maya Bank, Boosting Credit Accessibility
FinVolution Group American Depositary Shares (FINV)
Company Research
Source: PR Newswire
SHANGHAI, June 20, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Philippines financial subsidiaries Wefund Lending Corporation and Lightning Financing Company entered into a loan facilitation agreement totaling 2.75 billion Peso (US$47.5 million) with Maya Bank, a pioneering digital bank dedicated to empowering the experience of its consumers and enterprise clients, and improve credit accessibility for the unbanked and underserved communities in the Philippines.JuanHand, an online lending platform with around 6 million registered users under Wefund Lending Corporation emerged as the preferred online platform for tech-empowered cash lending and other financial solutions among Filipinos. This strategic partnership expands FinVolution's service offerings in the Philippines and advances the Company's mission of connecting underserved borrowers with financial institutions. It will also open avenue
Show less
Read more
Impact Snapshot
Event Time:
FINV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FINV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FINV alerts
High impacting FinVolution Group American Depositary Shares news events
Weekly update
A roundup of the hottest topics
FINV
News
- FinVolution Group Wins Asian Banker's Award for "Best Consumer Lending Technology Implementation in China"PR Newswire
- FinVolution Group Wins Asian Banker's Award for "Best Consumer Lending Technology Implementation in China"PR Newswire
- FinVolution Group Wins Asian Banker's Award for "Best Consumer Lending Technology Implementation in China" [Yahoo! Finance]Yahoo! Finance
- FinVolution Group Wins Asian Banker's Award for "Best Consumer Lending Technology Implementation in China"PR Newswire
- FinVolution's Philippines Subsidiary Cooperates with Maya Bank, Boosting Credit Accessibility [Yahoo! Finance]Yahoo! Finance
FINV
Sec Filings
- 6/20/24 - Form 144
- 6/18/24 - Form 144
- 5/28/24 - Form 144
- FINV's page on the SEC website