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Stock impact report

FinVolution Group Reports Strong Growth and Global Expansion in 2024 [Yahoo! Finance]

FinVolution Group American Depositary Shares (FINV) 
Company Research Source: Yahoo! Finance
for 2024, highlighting continued global expansion, strategic collaborations, and advancements in AI-driven credit technology. FinVolution reported annual revenue of US$1.8 billion , a 4.1% year-over-year increase, with net profit remaining stable at US$327.1 million . Transaction volume reached US$28.2 billion , up 6.1%, while outstanding loan balance rose to US$9.8 billion , also a 6.1% increase. FinVolution Group's CEO, Tiezheng Li commented, "We successfully leveraged our strengths in technology, customer acquisition, and retention to deliver solid results despite a challenging environment in 2024. These achievements strengthen our confidence for 2025 and beyond—becoming the leading fintech player across the Pan-Asian region." FinVo Read more
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