FINV on NYSE

FinVolution Group

FinVolution Group is a loan brokers company, Cayman Islands, active since 2012.2 It is headquartered in 上海市, China.2

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Last updated Oct 20, 2026.

Overview

$1.9BRevenue, fiscal 20253
$363.6MNet income, fiscal 20253

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  • TickerFINV on NYSE2
  • IndustryLoan Brokers2
  • Headquarters上海市, China2
  • Incorporated inCayman Islands4
  • Business addressBuilding G1, No. 999 Dangui Road, Pudong New District, Shanghai4
  • Filer categoryLarge accelerated filer4
  • Legal formcompany limited by shares2
  • LEI3003000RAVUT809U6P082
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/o Maples Corporate Services Limited, KY1-1104 George Town, Cayman Islands2
  • Registered withGeneral Registry, MS-2693662

Class A ordinary shares to a wholly-owned subsidiary of Sun Hung Kai & Co. Limited.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

18.7%Net margin3
8.4%Revenue growth, 20253
15.4%Return on equity3
0.01×Debt to equity3
$255.0MFree cash flow3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Loan Facilitation Service Fees brought in 38% of the revenue FinVolution Group broke down this way in fiscal 2025.

  1. Loan Facilitation Service Fees5.2B CNY338%up 10% from 2024
  2. Guarantee Income4.1B CNY330%down 19% from 2024
  3. Postfacilitation Service Fees [Member1.6B CNY312%down 6% from 2024
  4. Net Interest Income1.3B CNY310%up 57% from 2024
  5. Financial Service, Other1.3B CNY310%up 88% from 2024
  6. Grant118.1M CNY31%down 22% from 2024
Products and services by year
Products and services202320242025
Loan Facilitation Service Fees4.5B CNY4.7B CNY5.2B CNY
Guarantee Income4.5B CNY5.1B CNY4.1B CNY
Postfacilitation Service Fees [Member2.0B CNY1.7B CNY1.6B CNY
Net Interest Income1.0B CNY853.8M CNY1.3B CNY
Financial Service, Other528.9M CNY692.1M CNY1.3B CNY
Grant164.9M CNY150.7M CNY118.1M CNY

Regions

China brought in 75% of the revenue FinVolution Group broke down this way in fiscal 2025.

  1. China10.2M CNY375%down 3% from 2024
  2. ID2.0M CNY315%up 8% from 2024
  3. PHMember1.2M CNY39%up 86% from 2024
  4. Others100.1K CNY31%up 1819% from 2024
Regions by year
Regions202320242025
China10.4M CNY10.5M CNY10.2M CNY
ID1.9M CNY1.9M CNY2.0M CNY
PHMember251.7K CNY639.5K CNY1.2M CNY
Others-434 CNY5.2K CNY100.1K CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development4¢$76.7M
  • Other costs73¢$1.4B
  • Interest0¢$4.1M
  • Income tax4¢$79.5M
  • Profit19¢$363.6M

Out of $1.9B in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending5¢$12.0M
  • Dividends paid27¢$73.0M
  • Share buybacks41¢$109.7M
  • Kept or used elsewhere27¢$72.4M

Out of $267.1M of cash from operations.3

Financial statements

Revenue6789103$1.9B in 2025+211% since 2018
0$5.0B$10.0B$15.0B2018: $623.6M$623.6M20182019: $856.5M$856.5M2019+37%2020: $1.2B$1.2B2020+35%2021: $9.5B$9.5B2021+717%2022: $11.1B$11.1B2022+18%2023: $12.5M$12.5M2023−100%2024: $1.8B$1.8B2024+14166%2025: $1.9B$1.9B2025+8%
Net income67811129103$363.6M in 2025+1% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $359.1M$359.1M20182019: $340.8M$340.8M2019−5%2020: $302.3M$302.3M2020−11%2021: $393.7M$393.7M2021+30%2022: $328.6M$328.6M2022−17%2023: $329.7M$329.7M2023+0%2024: $326.5M$326.5M2024−1%2025: $363.6M$363.6M2025+11%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Net revenues13.6B CNY13.1B CNY12.5B CNY
Origination, servicing expenses and other cost of revenue-2.9B CNY-2.4B CNY-2.1B CNY
Origination, servicing expenses and other cost of revenue-related party-29.9M CNY
Sales and marketing expenses-2.2B CNY-2.0B CNY-1.9B CNY
General and administrative expenses-442.1M CNY-413.5M CNY-390.0M CNY
Research and development expenses-536.6M CNY-496.7M CNY-511.0M CNY
Credit losses for quality assurance commitment-3.5B CNY-4.6B CNY-4.4B CNY
Provision for loans receivable-637.7M CNY-320.0M CNY-586.8M CNY
Provision for accounts receivable and contract assets-426.0M CNY-317.0M CNY-253.9M CNY
Impairment of goodwill and intangible assets-50.7M CNY
Total operating expenses-10.7B CNY-10.5B CNY-10.2B CNY
Interest expenses-28.5M CNY
Other income, net216.6M CNY310.1M CNY394.7M CNY
Profit before income tax expenses3.1B CNY2.8B CNY2.8B CNY
Income tax expenses-556.2M CNY-457.4M CNY-395.1M CNY
Net profit attributable to non-controlling interest shareholders-2.8M CNY-4.7M CNY-42.6M CNY
Net profit attributable to FinVolution Groups ordinary shareholders2.5B CNY2.4B CNY2.3B CNY
Net profit2.5B CNY2.4B CNY2.4B CNY
Foreign currency translation adjustment, net of nil tax-79.6M CNY12.6M CNY27.8M CNY
Total comprehensive income2.5B CNY2.4B CNY2.4B CNY
Total comprehensive income attributable to non-controlling interest shareholders-2.8M CNY-4.7M CNY-42.6M CNY
Total comprehensive income attributable to FinVolution Groups ordinary shareholders2.5B CNY2.4B CNY2.4B CNY
Basic1.3B shares1.3B shares1.4B shares
Diluted1.3B shares1.3B shares1.4B shares
Basic2.02 CNY1.85 CNY1.70 CNY
Diluted1.92 CNY1.81 CNY1.67 CNY

Compare FinVolution Group with another company

Corporate structure

FinVolution Group sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FinVolution Group

  • SUSQUEHANNA SECURITIES, LLC Filed SCHEDULE 13G/A on FinVolution Group, latest Aug 14, 2026 (5 filings since Feb 14, 2022)
  • PPD Investment Ltd Filed SCHEDULE 13D/A on FinVolution Group, latest Jan 12, 2026
  • SUN HUNG KAI & CO LTD Filed SCHEDULE 13G/A on FinVolution Group, latest May 8, 2025 (5 filings since Feb 24, 2022)
  • Allspring Global Investments Holdings, LLC Filed SC 13G/A on FinVolution Group, latest Oct 4, 2024 (4 filings since Jan 19, 2022)
  • Metallica Holding Ltd Filed SC 13G/A on FinVolution Group, latest Feb 2, 2024 (3 filings since Jan 28, 2022)
  • Seahawk China Dynamic Fund Filed SC 13G/A on FinVolution Group, latest Aug 3, 2023 (4 filings since Mar 2, 2022)
  • Lightspeed China Partners I, L.P. Filed SC 13G/A on FinVolution Group, latest Aug 2, 2023
  • SIG Asia Investment, LLLP Filed SC 13G/A on FinVolution Group, latest Feb 14, 2022
  • FinVolution Group 上海市, China

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FinVolution Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation996.2M CNY3 Dec 31, 2025939.2M CNY3 Dec 31, 2024+6.1%
Accumulated depreciation354.9M CNY3 Dec 31, 2025315.4M CNY3 Dec 31, 2024+12.5%
Property and equipment, net$91.7M3 Dec 31, 2025$85.5M10 Dec 31, 2024+7.3%
Operating-lease assets (leased space)$7.4M3 Dec 31, 2025$5.0M10 Dec 31, 2024+47.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$612.8M3 Dec 31, 2025$640.2M10 Dec 31, 2024−4.3%
Marketable securities, current$431.2M3 Dec 31, 2025$388.0M10 Dec 31, 2024+11.1%
Long-term investments$163.3M3 Dec 31, 2025$160.7M10 Dec 31, 2024+1.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$11.4M3 Dec 31, 2025$6.9M10 Dec 31, 2024+65.1%
Intangible assets, net (excluding goodwill)$38.6M3 Dec 31, 2025$18.8M10 Dec 31, 2024+105.4%
Finite-lived intangibles, gross270.5M CNY3 Dec 31, 2025137.3M CNY3 Dec 31, 2024+97.0%
Accumulated amortization265.0K CNY3 Dec 31, 2025
Finite-lived intangibles, net270.2M CNY3 Dec 31, 2025137.3M CNY3 Dec 31, 2024+96.8%

Leadership

Who has led FinVolution Group, and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. Yuxiang Wang2026–now
Board members and other officers (5)

Former names

  • PPDAI Group Inc.Jan 20, 2017 to Nov 5, 20194

Timeline

  1. Jun 6, 2012Founded FinVolution Group is founded2

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Sep/202619

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

115 filings to the SEC since October 2021: 5 annual reports, 23 insider forms, 27 large holders, 60 other. The latest 20:

  1. Aug 28, 20266-K EDGAR
  2. Aug 14, 2026SCHEDULE 13G/A EDGAR
  3. Jun 3, 20264 EDGAR
  4. May 29, 20264 EDGAR
  5. May 27, 2026144 EDGAR
  6. May 26, 20264 EDGAR
  7. May 26, 20264 EDGAR
  8. May 26, 20264 EDGAR
  9. May 26, 20266-K EDGAR
  10. Apr 29, 202620-F EDGAR
  11. Apr 14, 20264 EDGAR
  12. Apr 14, 20264 EDGAR
  13. Apr 10, 20264 EDGAR
  14. Apr 10, 20264 EDGAR
  15. Apr 7, 20264 EDGAR
  16. Apr 7, 20264 EDGAR
  17. Apr 7, 20264 EDGAR
  18. Apr 7, 20264 EDGAR
  19. Mar 18, 20266-K EDGAR
  20. Mar 17, 20263 EDGAR

The 115 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 28, 2026Xiang BingDirectorSale75,000$1.07$80.2KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Susquehanna International Group, Llp16,490,230$79.0M0.1%No change
Invesco Ltd.5,990,204$28.7M0.0%+1,021,504
Bank Of America Corp /de/4,150,712$19.9M0.0%−26,105
Vanguard Capital Management LLC3,290,887$15.8M0.0%+11,734
BlackRock, Inc.2,640,182$12.6M0.0%−419,376
Morgan Stanley2,501,829$12.0M0.0%+84,355
Causeway Capital Management LLC2,285,880$10.9M0.1%−115,204
Dimensional Fund Advisors LP2,001,668$9.6M0.0%−218,423
Goldman Sachs Group Inc1,696,443$8.1M0.0%−142,913
State Street Corp1,579,641$7.6M0.0%−413,465
American Century Companies Inc1,205,000$5.8M0.0%+83,104
Vanguard Fiduciary Trust Co843,851$4.0M0.0%+7,016
Citigroup Inc627,691$3.0M0.0%−16,224
Norges Bank624,435$3.0M0.0%New
Oasis Management Co Ltd.511,301$2.4M0.3%No change
Healthcare Of Ontario Pension Plan Trust Fund434,200$2.1M0.0%−108,400
Lazard Asset Management LLC402,029$1.9M0.0%−1,003,493
XTX Topco Ltd378,949$1.8M0.0%−10,349
Legal & General Group Plc360,443$1.7M0.0%No change
Qube Research & Technologies Ltd332,480$1.6M0.0%−438,378
Maven Securities LTD294,795$1.4M0.1%−293,951
Arrowstreet Capital, Limited Partnership253,588$1.2M0.0%−1,642,946
Alliancebernstein L.P.242,185$1.2M0.0%No change
Sei Investments Co223,050$1.1M0.0%+154,010
Northern Trust Corp177,108$848.3K0.0%−608

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How FinVolution Group is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFinVolution Group1
  • CIK0001691445
  • Filer statusLarge accelerated filer not an emerging growth company; a shell company5
  • Incorporated inCayman Islands5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6163 Loan Brokers1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business addressBuilding G1, No. 999 Dangui Road, Pudong New District, Shanghai, China1
  • Phone86 21 80303200-86011
  • Shares outstanding1,216,442,834 Common Class A And Class B shares; 649,742,834 Common Class A shares; 566,700,000 Common Class B shares as of Dec 31, 20255
  • AuditorPricewaterhouseCoopers Zhong Tian LLP, Shanghai, the People’s Republic of China PCAOB ID 1424; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceJan 20, 20171
  • Filings223 in all: 6-K (51), SC 13G/A (41), 144 (26), 4 (13), SC 13G (13), UPLOAD (13), 3 (10), CORRESP (10)1
    All 25 form types

    20-F (9), DRSLTR (9), DRS/A (5), SCHEDULE 13G/A (4), F-1/A (3), EFFECT (2), S-8 (2), SC 13D (2), SC 13D/A (2), 424B3 (1), 424B4 (1), 8-A12B (1), CERTNYS (1), DRS (1), F-1 (1), F-6 (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (20-F) Apr 29, 2026

Securities registered for trading

ClassSymbolExchange
American depositary shares (one American depositary share representing five Class A ordinary shares, par value US$0.00001 per share)FINVNew York Stock Exchange
Class A ordinary shares, par value US$0.00001 per shareNew York Stock Exchange

From the cover page of the 20-F filed Apr 29, 2026 (Section 12(b) of the Exchange Act).5

Sources

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