FINVOLUTION GROUP FinVolution Group
Investor Presentation
May 2024
Disclaimer
This presentation has been prepared by FinVolution Group (the "Company") pursuant to Section 5(d) of the U.S. Securities Act of 1933, as amended (the "Securities Act") solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any investment activity or trading strategy, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever, in the United States or anywhere else. This presentation does not constitute legal, regulatory, accounting or tax advice to you, we recommend that you seek independent third party legal, regulatory, accounting and tax advice regarding the contents of this document.
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This presentation contains certain forward-looking statements, including statements related to industry developments and the Company's future financial or business performance, strategies or expectations. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as "anticipates", "estimates", "expects", "projects", "intends", "plans", "believes" and words and terms of similar substance in connection with discussions of future performance. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors and assumptions, many of which are beyond the Company's control. Neither the Company nor any of its affiliates, advisors, representatives has any obligation to, nor do any of them undertake to, revise or update the forward-looking statements contained in this presentation to reflect future events or circumstances.
2
Corporate Overview
Our Vision
Our vision of serving underserved borrowers across Pan-Asia markets was
inspired by "Bank for the Poor".
The Nobel Peace Prize 2006 - "Bank for the Poor" to alleviate poverty through
uncollateralized microcredit
4
Local Focus, Global Outlook
2007 | 2018 | 2020 |
Leveraging technological & operational capabilities serving over 30 million borrowers
across Pan-Asia markets
Unit: million | Unit: million |
159 | 26.8 |
26 | 5.1 | |||||||||
China Market | International Markets | |||||
Registered Users | Cumulative Borrowers | Registered Users | Cumulative Borrowers | |||
(1) All figures as of March 31, 2024.
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Pioneer Fintech Platform in Pan-Asia Markets through Economic Cycles
Issuance of No.141 | P2P Transition to Loan | COVID-19 | International Revenue |
Contribution exceeded 17% | |||
Regulation on Cash Loan | Facilitation Model | Outbreak and Recovery | |
of Total Revenue in 2023 | |||
Started International
Expansion
NYSE Listed
2007 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Transaction Volume |
4 mm | 7 mm | Over 400 Cities | 31 mm | RMB 65 bn | RMB 857 bn |
Monthly Active Borrowers(1) | 1Q24 Quarterly Transactions | in Pan-Asia Region | Cumulative Borrowers | Outstanding Loan Balance | Cumulative Transaction Volume |
(1) Represents number of borrowers with outstanding loan balance, excluding those whose loans are long overdue at the end of each period.
6
Leadership Position With Tremendous Market Opportunities
China
Top Player
US$3.5 tn(1) | 7%(1) |
Market size by 2027 | CAGR2022-2027 |
Financial Institutions
Borrowers: 290 Million(1)
Online Lending Platforms
Borrowers: 430 Million(1)
Indonesia
No.3 Player
US$440 bn(2) | 17%(2) |
Market size by 2025 | CAGR2021-2025 |
Financial Institutions
Borrowers: 40 Million(3)
Online Lending Platforms
Borrowers: 140 Million(3)
The Philippines
No.2 Player
US$137 bn(2) | 18%(2) |
Market size by 2025 | CAGR2021-2025 |
Financial Institutions
Borrowers: 15 Million(3)
Online Lending Platforms
Borrowers: 50 Million(3)
Other Lending Platforms | Other Lending Platforms |
Other Lending Platforms
Source: (1) "Winning Strategies for Consumer Finance" report issued by Boston Consulting Group, the market size refers to consumer finance market in China. (2) "E-conomy SEA 2023 Report" jointly issued by Bain Company, Google and Temasek, market size in Indonesia and | |
the Philippines refer to digital financial services markets in both countries. (3) "Future of Southeast Asia Digital Financial Services" report issued by Temasek, borrowers of financial institutions refer to banked adult population, while borrowers of online lending platforms | |
refer to the underbanked and unbanked adult population in the respective markets. | 7 |
We Connect Customers through Various Products in Pan-Asia Markets
China Market | Indonesia Market | Philippines Market |
PPDai | AdaKami | JuanHand |
Product | Installment for Consumers + Small | Consumer Installment | Consumer Installment |
Business Owners | |||
Value | Installment + Operational Funds + Credit | Consumption + Installment | Consumption + Installment |
Proposition | |||
8
User Profile Across Our Global Markets
China | Indonesia | The Philippines | ||||||||
Small Town Youth | Tema Kami | Grassroot | ||||||||
430 million | • Riders | 140 million | • Self-employed persons | 50 million | • Self-employed persons | |||||
Target borrowers | Target borrowers | Target borrowers | ||||||||
• | Factory workers | • | Factory workers | • Factory workers | ||||||
25-34(1) | • | Ride-hailing drivers | 18-30(2) | • | Sales persons | 20-39(3) | • Staff at service industry | |||
Average age | Average age | Average age | ||||||||
• etc. | • | Back office staff | or call centers | |||||||
US$8,500- | US$2,200- | • etc. | US$2,500- | • etc. | ||||||
17,000(1) | 4,000(2) | 5,000(4) | ||||||||
Annual income | Annual income | Annual income |
Source: (1) MobTech's report on China's consumer finance market. (2) "Indonesia's Fintech Industry is Ready to Rise" report issued by Boston Consulting Group, average age and annual income refer to the major age group and income group for consumer finance borrowers in | |
Indonesia. (3) "2021 Financial Inclusion Survey" issued by Bangko Sentral ng Pilipinas, average age refers to the major age group of financial account ownership, excluding bank account owners. (4) Philippine Institute for Development Studies, the range of annual income | 9 |
refers to the income groups of low (but not poor) and lower middle in the Philippines. |
Customer Acquisition through Diversified Channels
Online Advertising
Search Engine
Marketing
Online
App Stores
Federated Learning
based
Joint Modeling
Customer Referrals
Offline Direct Sales Team
RMB 10,121 | |
(1) Calculated based on transaction volume on our marketplace in China's mainland in the three months ended | Average Principal Amount(1) |
March 31, 2024. |
China Customers
Small Business Owners
Southeast Asia Customers
Institutional Partners
8.2 Months
Average Loan Tenure(1)
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Disclaimer
FinVolution Group Inc. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 22:47:03 UTC.
