FinVolution Group (FINV) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
FinVolution Group reported a modest growth in its third-quarter 2024 financial results, with transaction volumes rising and international revenues seeing an 8.7% increase year-over-year. The fintech firm noted a significant 22.7% uptick in international transaction volumes, highlighting the expanding influence of its operations beyond China’s mainland. Despite these gains, the company’s delinquency ratio and the number of unique borrowers in China decreased, which could pose challenges moving forward.
For further insights into FINV stock, check out TipRanks’ Stock Analysis page.
