Shanghai, China – FinVolution Group, a leading fintech company, recently held its Second Quarter 2024 Earnings Conference Call, attracting investors, analysts, and stakeholders. During the call, key company executives, including CEO Tiezheng Li and CFO Jiayuan Xu, shared insights into the company’s performance and growth strategies. The call provided a comprehensive overview of the company’s achievements in the China market and its international expansion efforts.

CEO Tiezheng Li highlighted the company’s strong execution of its local excellence global outlook strategy, which has led to significant progress in serving borrowers in China, Indonesia, and the Philippines. The company reported impressive transaction volume growth in both the China market and its international operations, showcasing the success of its customer acquisition strategy and deep localization efforts.

Furthermore, CFO Jiayuan Xu emphasized the company’s commitment to asset quality and profitability, pointing out the improvements in funding costs and risk management measures. The company’s focus on optimizing operations and adjusting business portfolios has contributed to solid financial results, with net revenue and net income showing positive growth in the second quarter.

Overall, the conference call underscored Finvolution Group’s resilience in navigating challenging macroeconomic environments and its dedication to sustainable growth and shareholder returns. The company’s innovative technologies, strategic partnerships, and customer-centric approach position it well for continued success in the fintech industry.

As FinVolution Group celebrates its 17th anniversary and sets its vision for 2030, the company remains focused on becoming an international fintech platform that connects borrowers and financial institutions across global markets. With a strong emphasis on ESG principles, technology, and green initiatives, Finvolution Group is poised to lead the industry and drive positive change in the financial services sector.