Record Transaction Volume and Loan Balance
FinVolution Group achieved a 5% growth in transaction volume in China and a 28% increase internationally, with total transaction volume and outstanding loan balance reaching new highs of RMB 206 billion and RMB 72 billion, respectively, a 6% year-over-year increase.
Strong International Revenue Growth
Revenue from international operations rose 19% year-over-year to RMB 2.5 billion, contributing nearly 20% to the total revenue for 2024.
R&D and AI Advancements
Invested RMB 500 million in R&D in 2024, leading to notable AI advancements that reduced advertising production costs by 60% and increased conversion rates by 9%.
ESG Initiatives and Accolades
Empowered 826,000 small business owners with loans totaling RMB 58 billion, and received top-tier ESG rankings from Morningstar and S&P.
Successful Shareholder Returns
Returned over USD 160 million to shareholders in 2024, representing a 49% payout of net income, and increased annual dividend by 17%.