FinVolution Group (FINV)
FinVolution Group operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Shanghai, SH, CN. The stock last traded at $4.53, up 2.26% on the session, giving a market capitalisation of $1.13B. On trailing twelve-month figures it carries a trailing P/E of 3.47, a net margin of 16.6%. Its beta of 0.38 implies it has historically moved less than the broad market.
FinVolution Group manages a digital financial platform within China that specializes in connecting individual borrowers, who may be underserved by traditional lenders, with various financial institutions. Its core focus lies in the online consumer finance sector. Leveraging its proprietary technological innovations, the platform offers an automated loan transaction process, which significantly enhances the user experience. By March 31, 2022, FinVolution Group had accumulated a substantial user base of approximately 145.3 million registered individuals. Established in 2007, the company, originally known as PPDAI Group Inc., rebranded as FinVolution Group in November 2019. It maintains its headquarters in Shanghai, People's Republic of China.
FinVolution Group is most often compared with the following Financial Services names: