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FinVolution Group (FINV)
NYSE · Finance, Insurance & Real Estate · Loan Brokers
Core research established · 4/4 core data layers currently established
What FinVolution Group does
A.History and Development of the Company We commenced our online consumer finance platform business in June 2007. Starting in January 2011, our business operations have gradually migrated to Shanghai PPDai Financial Information Service Co., Ltd., or Shanghai PPDai, which is currently a subsidiary of the consolidate variable interest entity named Beijing Paipairongxin Investment Consulting Co., Ltd., or Beijing Paipairongxin. 68 In 2012, we formed our offshore corporate structure to facilitate offshore financing. In June 2012, we incorporated FinVolution Group (formerly known as PPDAI Group Inc.) under the laws of the Cayman Islands as our holding company and incorporated FinVolution (HK) Limited (formerly known as PPDAI (HK) LIMITED) as its wholly-owned subsidiary in November 2019.
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