FinVolution Group · NYSE:FINV
FinVolution — Q1 2026 Earnings Presentation
24 slides from FinVolution's earnings presentation, May 2026
Slide 1: FinVolution Group Investor Presentation
May 2026 FinVolution Group Investor Presentation
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by FinVolution Group (the “Company”) pursuant to Section 5(d) the truth, accuracy, fairness, completeness or reasonableness of the information contained in, and of the U.S. Securities Act of 1933, as amended (the “Securities Act”) solely for information
Slide 3: Better Finance, with Technology
Better Finance, with Technology 3
Slide 4: One Platform, Multiple Markets: LEGO+ Strategy
“LEGO+” Strategy : Local Excellence, Global Outlook 1) Chinese Mainland Top 3 (1) One Cross-Market Platform Capability Platform, Licensing Reputation Risk Multiple 2) Developing Market Experience & Trust Underwriting 3) Developed Market Top 2 (1) Top 1 (1) Leading Markets. Know-how Cross-Cultural Lo
Slide 5: Building a Regional Platform
Building a Regional Platform High Potential AI Technology Exponential Upside 2025 Optionality Pipelines for Next Batch of Growth New Country Incubation Expanding Unique Users 38% CAGR2021-2025 Profitable Growth 2018 Growth Markets Superior Volume Growth 39% CAGR2021-2025 Scale RMB 10.0 bn Consistent
Slide 6: Strong Execution in Q1 2026: Operating Profit +13% QoQ
Strong Execution in Q1 2026: Operating Profit +13% QoQ Transaction Revenue Operating Cost Efficiency Volume Take Rate Profit Expanding User Base Interest Rate AI Application +13% Drivers Product Expansion Funding Partnership Economies of Scale QoQ Overseas Markets Chinese Mainland Credit Quality +88
Slide 7: Overseas: Profitable Growth Flywheel
Overseas: Profitable Growth Flywheel Transaction Volume in Overseas Markets RMB/bn ~30% YoY +37% 4.1 of group revenue from overseas segment in 1Q26 3.0 Expanding user base drives organic growth, ççc lowers user acquisition cost and compounds LTV 1Q25 2Q25 3Q25 4Q25 1Q26 Result: Growth at Expanding M
Slide 8: Recovery in the New Paradigm
Recovery in the New Paradigm Transaction Volume in Chinese Mainland RMB/bn -1% Historically, seasonality translated to ~10% decline in -11% -8% -9% -1% QoQ growth in Transaction Volume in 1Q26 QoQ QoQ QoQ QoQ Q1 vs Q4 in the prior year, We see recovery in Q1 this year 49.1 Regulatory impact has 41.8
Slide 9: Perspective on Values
Perspective on Values Overseas Markets Chinese Mainland Net Cash 1 + + ~US$870mn 35% YoY Baseline Reset & Recovery revenue growth ççc • 6-year consecutive DPS growth • Rapid, Scalable Growth Engine • Baseline reset to level 4 years ago • US$80mn buyback in the last 2 • 87% YoY adjusted EBITDA growth
Slide 10: Regional Digital Credit Platform
Regional Digital Credit Platform Expanding Credit Replicable Operating Access Across Region 02 System Validated Credit Technology Enabled 03 Expertise Business China Indonesia Leadership with Track Consistent Shareholder Record 06 Return Philippines Australia 10
Slide 11: Consumer Lending Made Simple
Consumer Lending Made Simple Simplicity: fully online process apply anywhere & anytime Customer acquisition Connecting Connecting Borrowers Financial Institutions 43M 100+ Cumulative Borrowers Funding Partners in China and Overseas Accessible credit: funding for Individual borrowers Commercial banks
Slide 12: Expanding Digital Credit Franchise
01 Expanding Digital Credit Franchise Unique Borrowers1 in million 6.1 2x User Base Growth in 24 months Access. 2.7 Bridging the credit gap across developing and developed markets 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 (1) Unique borrowers are those who successfully borrowed on the Company’s p
Slide 13: Behind the Performance Lies a Replicable Operating System
02 Behind the Performance Lies a Replicable Operating System 18 AI-driven Data Technology Deep Know-how YRS Cross-Cycle Expertise Natural Language Processing Customer Acquisition Coveted Products LLMs ·Multi-modal models ·TTS Intelligent marketing & conversion Graph-Based Algorithms Diversified User
Slide 14: Validated Credit Experience
03 Validated Credit Experience Resilient Risk Performance across Multiple Cycles M1+ Delinquency Rates by Vintage(3) 20% 100% 18% 95% 16% 90% 14% 87% 85% 12% 80% 10% 75% 8% 70% 6% 5.2% 65% 4% 60% 2% 55% 0% 50% 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Day 1 Delinquency Rate (1) 30 Day Collection
Slide 15: Proprietary Customer Acquisition Know-how
04 Proprietary Customer Acquisition Know-how Chinese Overseas Mainland Markets Traffic Expanding 2.3M +98% Platforms User Base New Borrowers in 1Q26 YoY Search Engines Federated Learning- Based Joint Modeling Highly- 99% <1 min Automated Loan automation in China Approval Time Leading internet and Em
Slide 16: Leadership Team with Track Record
05 Leadership Team with Track Record Awards Recognition Tiezheng LI Shaofeng GU Chief Executive Officer Chief Innovation Officer Co-founder Co-founder Vice Chairman Chairman ◼ Education: ◼ Education: ▪ Most Innovative Use of Technology (Chinese Mainland) ▪ Best Strategic Initiative (The Philippines)
Slide 17: Consistent Shareholder Return
06 Consistent Shareholder Return Total Value Returned to Shareholders (Approx.) US$/million Repurchase Dividend Total Payout Ratio (1) 0.8 250 0.6 49% 49% 50% 8th Year 10.5% 34% 0.4 200 Consecutive Dividend DPS YoY Growth 182 16% 0.2 160 160 0 150 75 62 70 -0.2 112 -0.4 100 We see value in our share
Slide 18: Operational & Financial Metrics
Operational & Financial Metrics
Slide 19: 1Q26: Sequential Recovery Locked In
1Q26: Sequential Recovery Locked In Robust Overseas demand & Recovering Domestic Market 6.1 5.0 5.3 +15% 4.6 3.9 Unique Borrowers in mn QoQ 1Q25 2Q25 3Q25 4Q25 1Q26 -1% 52.1 54.0 51.2 42.6 Transaction Volume 42.8 in RMB/bn QoQ 1Q25 2Q25 3Q25 4Q25 1Q26 77.5 77.1 74.1 70.9 67.7 Loan Balance -4% in RMB
Slide 20: 1Q26: Sequential Recovery Locked In
1Q26: Sequential Recovery Locked In Delivering Revenue Growth and Profitability 3,578 3,481 3,487 3,024 3,210 Net Revenue in RMB/mn +6% QoQ 1Q25 2Q25 3Q25 4Q25 1Q26 883 816 732 547 Operating Profit in RMB/mn 483 +13% QoQ 1Q25 2Q25 3Q25 4Q25 1Q26 738 751 641 Net Profit in RMB/mn 416 421 +1% QoQ 1Q25
Slide 21: Chinese Mainland: Navigating Regulatory Headwinds
Chinese Mainland: Navigating Regulatory Headwinds Transaction Volume (1) Net Revenue RMB billion RMB million QoQ -1% YoY -20% 49.1 2,770 38.7 38.5 2,216 1Q25 4Q25 1Q26 1Q25 1Q26 Outstanding Loan Balance (2) Non-GAAP Adjusted EBITDA (3) RMB billion RMB million QoQ -5% YoY -34% 72.2 930 68.3 65.1 615
Slide 22: Overseas Markets: From Nascent to Profitable
Overseas Markets: From Nascent to Profitable Transaction Volume (1) Net Revenue RMB billion RMB million QoQ -1% YoY +35% YoY +37% 4.1 4.1 949 3.0 705 1Q25 4Q25 1Q26 1Q25 1Q26 Outstanding Loan Balance (2) Non-GAAP Adjusted EBITDA (3) RMB billion RMB million QoQ +2% YoY +87% YoY +37% 5 4 48 4 3 2.6 2.
Slide 23: Thank You
Thank You https://ir.finvgroup.com/ [email protected]
Slide 24: Selected Segment Information
Selected Segment Information Selected Segment Information Reconciliation of GAAP and Non-GAAP Results (in RMB’000) (in RMB’000) Chinese Overseas1 Chinese Overseas Unallocated 1Q26 Others2 Elimination Total 1Q26 Others Total Mainland Markets Mainland Markets expenses Net revenue 2,216,096 948,946 50,