History & Milestones
Issued USD150M convertible senior notes, first since IPO;
Entered the first developed market: Australia
International transaction volume exceeded RMB10B; International revenue reached RMB2.5B (~20% of total)
International revenue exceeded RMB2B, onboarded more than 20M registered users
International revenue exceeded RMB1B, 10%+ of total revenue
Successful transition into loan channeling model in China
Expanded into the Philippines market
Renamed to FinVolution Group (new ticker: FINV);
Entered into Indonesia market;
Invested in Fujian Haixia Bank
One of the first digital lenders to connect with Baihang Credit, a nationwide personal credit bureau in China
Listed on the New York Stock Exchange, November 10, 2017
Closed Series C funding, led by Susquehanna International Group
Closed Series B funding with Light Speed China Capital Partners
Closed Series A funding with Sequoia Capital
Completed angel financing round
Launched automated online credit risk system “Magic Mirror” and fraud detection system “Ming Mirror”
Founded in Shanghai, among China's first P2P lending platforms