FinVolution Group (FINV) Revenue & Revenue Breakdown


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FinVolution Group Revenue Highlights


Latest Revenue (Y)

$12.55B

Latest Revenue (Q)

$3.17B

Main Segment (Y)

Loan facilitation service fees

FinVolution Group Revenue by Period


FinVolution Group Revenue by Year

DateRevenueChange
2023-12-31$12.55B12.69%
2022-12-31$11.13B17.57%
2021-12-31$9.47B25.22%
2020-12-31$7.56B26.84%
2019-12-31$5.96B37.05%
2018-12-31$4.35B12.12%
2017-12-31$3.88B219.19%
2016-12-31$1.22B521.27%
2015-12-31$195.69M-

FinVolution Group generated $12.55B in revenue during NA 2023, up 12.69% compared to the previous quarter, and up 288.39% compared to the same period a year ago.

FinVolution Group Revenue by Quarter

DateRevenueChange
2024-03-31$3.17B-3.41%
2023-12-31$3.28B2.48%
2023-09-30$3.20B3.96%
2023-06-30$3.08B0.82%
2023-03-31$3.05B0.02%
2022-12-31$3.05B2.64%
2022-09-30$2.97B11.46%
2022-06-30$2.67B8.96%
2022-03-31$2.45B-0.05%
2021-12-31$2.45B-3.05%
2021-09-30$2.53B5.91%
2021-06-30$2.38B12.84%
2021-03-31$2.11B14.03%
2020-12-31$1.85B3.33%
2020-09-30$1.79B-0.95%
2020-06-30$1.81B-14.05%
2020-03-31$2.11B70.86%
2019-12-31$1.23B-18.49%
2019-09-30$1.51B-3.19%
2019-06-30$1.56B7.13%
2019-03-31$1.46B20.55%
2018-12-31$1.21B11.60%
2018-09-30$1.08B2.28%
2018-06-30$1.06B12.29%
2018-03-31$943.77M4.99%
2017-12-31$898.88M-27.91%
2017-09-30$1.25B16.98%
2017-06-30$1.07B59.33%
2017-03-31$668.98M34.90%
2016-12-31$495.92M34.69%
2016-09-30$368.20M-

FinVolution Group generated $3.17B in revenue during Q1 2024, up -3.41% compared to the previous quarter, and up 103.77% compared to the same period a year ago.

FinVolution Group Revenue Breakdown


FinVolution Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
Financial Service, Other$534.87M$556.70M$481.89M$344.84M-
Post-facilitation service fees$1.93B$1.31B$672.98M$1.20B-
Loan facilitation service fees$4.43B$3.79B$1.91B$3.31B-
Guarantee Income$3.06B$2.59B$3.39B--
Grant----$53.74M

FinVolution Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Loan facilitation service fees (44.49%), Guarantee Income (30.77%), Post-facilitation service fees (19.38%), and Financial Service, Other (5.37%).

FinVolution Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
IXORIX$2.81T$776.50B
LULufax$28.12B$5.58B
QFIN360 DigiTech$16.29B$3.32B
LXLexinFintech$13.06B$3.24B
FINVFinVolution Group$12.55B$3.17B
YRDYiren Digital$4.90B$1.27B
NAVINavient$4.83B$948.00M
XYFX Financial$4.81B$578.58M
ENVAEnova$2.12B$689.92M
AGMFederal Agricultural Mortgage$349.21M$91.53M
QDQudian$126.34M$55.85M

FINV Revenue FAQ


What is FinVolution Group’s yearly revenue?

FinVolution Group's yearly revenue for 2023 was $12.55B, representing an increase of 12.69% compared to 2022. The company's yearly revenue for 2022 was $11.13B, representing an increase of 17.57% compared to 2021. FINV's yearly revenue for 2021 was $9.47B, representing an increase of 25.22% compared to 2020.

What is FinVolution Group’s quarterly revenue?

FinVolution Group's quarterly revenue for Q1 2024 was $3.17B, a -3.41% decrease from the previous quarter (Q4 2023), and a 3.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.28B, a 2.48% increase from the previous quarter (Q3 2023), and a 7.43% increase year-over-year (Q4 2022). FINV's quarterly revenue for Q3 2023 was $3.2B, a 3.96% increase from the previous quarter (Q2 2023), and a 7.61% increase year-over-year (Q3 2022).

What is FinVolution Group’s revenue growth rate?

FinVolution Group's revenue growth rate for the last 3 years (2021-2023) was 32.49%, and for the last 5 years (2019-2023) was 110.43%.

What are FinVolution Group’s revenue streams?

FinVolution Group's revenue streams in c 22 are Financial Service, Other, Post-facilitation service fees, Loan facilitation service fees, and Guarantee Income. Financial Service, Other generated $534.87M in revenue, accounting 5.37% of the company's total revenue, down -3.92% year-over-year. Post-facilitation service fees generated $1.93B in revenue, accounting 19.38% of the company's total revenue, up 47.37% year-over-year. Loan facilitation service fees generated $4.43B in revenue, accounting 44.49% of the company's total revenue, up 16.78% year-over-year. Guarantee Income generated $3.06B in revenue, accounting 30.77% of the company's total revenue, up 18.16% year-over-year.

What is FinVolution Group’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of FinVolution Group was Loan facilitation service fees. This segment made a revenue of $4.43B, representing 44.49% of the company's total revenue.