FinVolution Group
- Open
- 3.38
- Day high
- 3.70
- Day low
- 3.38
- Prev close
- 3.40
- Volume
- 2.1M
- Mkt cap
- $866M
- P/E (TTM)
- 3.2
- EPS (TTM)
- $1.15
- P/B
- 0.4
- P/S
- 0.4
- Yield
- 7.79%
- Per share
- $0.29
FinVolution Group (FINV) is a Financial Services company listed on NYSE. The stock is down 56% over the past year. Drillr has 1 published research article covering FINV.
FinVolution Group (FINV) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
FINV earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 28, 2026 | — | $0.29 | — | $501M | +0.1% |
| May 26, 2026 | $0.24 | $0.26 | +9.7% | $465M | +5.3% |
| Mar 17, 2026 | $0.23 | $0.25 | +6.4% | $426M | -3.9% |
| Nov 19, 2025 | $0.36 | $0.34 | -6.1% | $490M | -4.0% |
| Aug 20, 2025 | — | $0.41 | — | $499M | — |
| May 20, 2025 | — | $0.41 | — | $478M | — |
| Mar 17, 2025 | — | $0.38 | — | $473M | — |
| Nov 18, 2024 | — | $0.36 | — | $467M | — |
| Aug 20, 2024 | — | $0.30 | — | $436M | — |
| May 15, 2024 | — | $0.29 | — | $438M | — |
| Mar 18, 2024 | — | $0.29 | — | $463M | +0.1% |
| Nov 20, 2023 | — | $0.30 | — | $438M | -1.5% |
FINV insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 3, 2026 | Li Tiezhengdirector, officer: Chief Executive Officer | Option | 697,070 | — |
| Jun 3, 2026 | Li Tiezhengdirector, officer: Chief Executive Officer | Grant | 697,070 | — |
| Jun 3, 2026 | Li Tiezhengdirector, officer: Chief Executive Officer | Tax | 328,770 | $1.05 |
| May 29, 2026 | Xiang Bingdirector | Sell | 75,000 | $1.07 |
| May 26, 2026 | Xiang Bingdirector | Option | 18,750 | — |
| May 26, 2026 | Lai Jimmy Y.director | Option | 18,750 | — |
| May 26, 2026 | Ho Simon Tak Leungdirector | Option | 12,500 | — |
| Apr 14, 2026 | Chen Pingpingofficer: President and CCO | Tax | 450,180 | $0.99 |
| Apr 14, 2026 | Chen Pingpingofficer: President and CCO | Option | 966,140 | — |
| Apr 14, 2026 | Chen Pingpingofficer: President and CCO | Grant | 966,140 | — |
| Apr 14, 2026 | Wang Yuxiangofficer: COO and CTO | Option | 970,720 | — |
| Apr 14, 2026 | Wang Yuxiangofficer: COO and CTO | Tax | 453,545 | $0.99 |
| Apr 14, 2026 | Wang Yuxiangofficer: COO and CTO | Grant | 970,720 | — |
| Apr 10, 2026 | Li Tiezhengdirector, officer: Chief Executive Officer | Tax | 48,195 | $1.01 |
| Apr 10, 2026 | Xu Jiayuanofficer: Chief Financial Officer | Option | 139,240 | — |
Source: FINV SEC Form 4 filings, latest Jun 3, 2026. For informational purposes only — not investment advice.
See the full FINV insider & 13F page →FinVolution Group company profile
Overview
FinVolution Group (NYSE:FINV) is a Chinese fintech company founded in 2007 and headquartered in Shanghai. Originally established as PPDAI Group Inc., the company rebranded to FinVolution Group in November 2019 and went public on the New York Stock Exchange in November 2017. The company operates as a technology-enabled financial services platform that connects underserved individual borrowers with financial institutions primarily in China, with expanding operations in Southeast Asian markets including Indonesia and the Philippines.
Business
FinVolution operates in the online consumer finance industry, functioning as a fintech platform that facilitates lending between borrowers and financial institutions. The company's core service is connecting individual borrowers who typically have limited access to traditional banking services with various financial institutions willing to provide loans. The platform operates through an automated loan transaction process powered by proprietary technology and artificial intelligence. When a borrower applies for a loan through FinVolution's platform, the company's algorithms assess creditworthiness, match the borrower with appropriate lenders, and facilitate the entire transaction digitally. This process eliminates much of the traditional paperwork and lengthy approval times associated with conventional lending. FinVolution's business spans two primary geographic segments. The China market represents approximately 80% of total revenue and focuses on serving domestic borrowers with consumer loans. The international markets segment, contributing about 20% of revenue, operates primarily in Indonesia and the Philippines, with recent expansion into Pakistan. The company has served over 31 million cumulative borrowers across these markets as of recent reports. The platform also supports small business lending, having facilitated over RMB 58 billion in loans to more than 826,000 small business owners in 2024. This represents a significant portion of the company's social impact and financial inclusion efforts, targeting entrepreneurs and small enterprises that traditionally struggle to access formal credit.
Revenue model
FinVolution generates revenue primarily through transaction fees and service charges collected from facilitating loans between borrowers and financial institutions. The company operates an asset-light model where it typically does not hold loans on its balance sheet but instead earns fees for loan origination, servicing, and risk assessment services. The company's revenue streams include loan facilitation fees charged to financial institution partners, borrower service fees, and post-facilitation services such as collection and customer service support. In 2024, the company generated RMB 1.78 billion in total revenue, with international markets contributing approximately 20% of total revenue. The paying customers are primarily financial institutions (banks, consumer finance companies, and other lenders) who pay FinVolution for access to qualified borrowers and technology services. Individual borrowers also pay service fees as part of their loan terms. Several factors influence FinVolution's margins and profitability. Positive margin drivers include economies of scale in technology operations, improved AI and automation reducing operational costs, expanding international markets with higher growth potential, and partnerships with more financial institutions increasing bargaining power. Negative margin pressures come from increased competition in the Chinese fintech space, regulatory changes affecting lending practices, economic downturns reducing loan demand and increasing default rates, and higher customer acquisition costs in saturated markets. The company has demonstrated ability to improve funding costs, reducing them by 190 basis points in 2024 through better partnerships and operational efficiency.
Competitive moat
FinVolution's competitive moat is moderate but strengthening, built primarily around its proprietary technology platform, data analytics capabilities, and network effects. The company has invested over RMB 3 billion in R&D since 2015, developing sophisticated AI-powered risk assessment models, automated lending processes, and fraud detection systems. This technology creates barriers to entry as competitors would need significant time and capital to replicate similar capabilities. The company's network effects provide some competitive advantage - as more borrowers use the platform, it becomes more attractive to lenders, and vice versa. FinVolution has built relationships with numerous financial institutions and accumulated data on over 31 million borrowers, creating valuable insights for risk pricing and customer acquisition. However, the moat faces significant challenges. Regulatory risk in China's fintech sector remains high, as government policies can dramatically impact business models. Competition from established players like Ant Group and other fintech companies is intense, particularly in customer acquisition. The company's international expansion, while promising, faces local competition and regulatory hurdles in each new market. The asset-light model provides some protection during economic downturns but also limits pricing power since FinVolution doesn't bear credit risk directly. The company's competitive position appears strongest in its technology and operational efficiency, but this advantage could erode as larger tech companies with deeper resources enter the market.
Risks & safety
FinVolution demonstrates a strong margin of safety with robust financial fundamentals and conservative capital structure. • Liquidity and Solvency: Cash and short-term investments of RMB 637 million against current liabilities of RMB 603 million, providing a current ratio of 4.31. Minimal debt with debt-to-equity ratio of just 0.002, indicating virtually no leverage risk. • Profitability: Strong cash generation with RMB 390 million in free cash flow for 2024. Net income of RMB 325 million on revenue of RMB 1.78 billion, showing healthy 18% net margins. • Valuation Metrics: Trading at attractive multiples with P/E ratio of 5.48, P/B ratio of 0.86, and EV/EBITDA of 8.48. Price significantly below Graham number of 21.69, suggesting potential undervaluation. • Other Considerations: Return on equity of 15.7% demonstrates efficient capital allocation. Consistent dividend payments and share repurchases (USD 150 million authorized program) show management confidence and shareholder-friendly capital allocation.
Recent development
Over the past few years, FinVolution has executed a strategic transformation focused on international expansion and technological advancement. The company launched its "Local Excellence, Global Outlook" (LE-GO) strategy, targeting 50% international revenue contribution by 2030, up from the current 20%. International expansion has been the primary growth driver, with the company obtaining regulatory licenses in multiple markets. In Indonesia, FinVolution acquired a multifinance license and completed a transition to higher-quality borrowers, improving credit risk by 28%. The Philippines market showed explosive growth with transaction volumes increasing 137% year-over-year in Q3 2024. The company recently obtained an NBFC license in Pakistan, marking entry into South Asian markets. Technology and AI investments represent another key strategic focus. FinVolution invested RMB 500 million in R&D during 2024, integrating advanced AI technologies including DeepSeek R1 for various applications. The company developed AI-powered tools for content creation (reducing video production costs by 60%), customer service chatbots, fraud detection systems, and automated loan processing. The company now holds 287 software copyrights and 196 patent applications. ESG and financial inclusion initiatives have expanded significantly, with the company supporting over 826,000 small business owners with RMB 58 billion in loans during 2024. FinVolution published its first consumer protection annual report and achieved top-tier ESG ratings from Morningstar and S&P. The company has also enhanced its capital return program, increasing dividend payout ratios to 20-30% of net income and authorizing a USD 150 million share repurchase program, demonstrating confidence in cash generation capabilities.
FINV company profile · for informational purposes only — not investment advice.
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