FinVolution Group reported robust financial results for the first quarter of 2025. The company's net revenue stood at RMB3,481.0 million, marking a 10.0% increase from RMB3,165.1 million for the same period in 2024. This growth in net revenue was primarily driven by an increase in loan facilitation service fees and other revenue streams. Net profit saw a substantial growth of 38.7% year-over-year, reaching RMB737.6 million. The company also highlighted its international business performance, with international revenues rising 19.5% year-over-year to RMB710.5 million. This segment contributed 20.4% to the total net revenue, an increase from 18.8% in the previous year. FinVolution maintained a strong liquidity position, with cash and cash equivalents and short-term investments totaling RMB8.5 billion. This financial strength supports the company's ongoing operations and enhances shareholder returns. FinVolution's first quarter transaction volume reached RMB52.1 billion, up 7.9% from the previous year, with the outstanding loan balance increasing by 13.5% to RMB74.1 billion. The international transaction volume also saw significant growth, reaching RMB3.0 billion, a 36.4% increase year-over-year. The company served 35.0 million borrowers by the end of the first quarter of 2025, adding 1.2 million new borrowers during the period, marking the third consecutive quarter of surpassing the one million mark in new borrowers.
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