FinVolution Group Wins 'LendTech of the Year' at Asia FinTech Awards 2024

SINGAPORE, Aug. 26, 2024 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech company, was honored with the "LendTech of the Year" award at the Asia FinTech Awards 2024, recognizing the company's leadership in the LendTech sector and its commitment to advancing financial inclusion through innovative solutions.

The Asia FinTech Awards 2024 stands as a fiercely competitive program that recognizes the remarkable achievements and contributions of the region's most exceptional fintech companies. This year, FinVolution Group distinguished itself among numerous competitors to secure the "LendTech of the Year" award.

During the announcement, the judges credited FinVolution's success to several factors, including its pioneering role in China's consumer finance industry, strong international presence, and cutting-edge technological solutions.

Joseph Ruan, Vice President and Head of Philippines Operations at FinVolution, accepted the award at the ceremony. "We are honored to receive this recognition from the Asia FinTech Award. This award not only underscores the strength of our global strategy and technological expertise but also reflects our unwavering commitment to financial inclusion. This achievement inspires us to continue leading the way in fintech excellence. "

Comprehensive Tech Safeguards Every Credit Step

FinVolution's proprietary technology enhances intelligence, efficiency, and security across the entire credit process. This end-to-end solution spans intelligent marketing, customer service, risk management, and post-loan management, enabling the company to quickly establish innovative fintech services in diverse markets.

The Company's industry-leading risk control and anti-fraud technologies also further bolster its competitive edge. Its advanced systems can effectively counter a wide range of fraud threats, including those generated by artificial intelligence. In 2023, FinVolution's anti-fraud solutions intervened in over 4,000 suspected cases daily. This technology has been tailored to meet the unique challenges of different markets, with notable success in its Asian markets, where deepfake detection technology has significantly reduced fraud involving deepfake AI.

Local Strategies Fuel Global Expansion

Notably, the Company's credit platforms are at the forefront of addressing financial inclusion challenges in China, Indonesia and the Philippines. These platforms bridge the gap between financial institutions and underserved borrowers, ensuring secure, technology-driven credit services. As of the second quarter (Q2) of 2024, FinVolution has served over 31.5 million borrowers globally, with a cumulative transaction volume of about US$127 billion, according to its latest earnings report. The Company's international revenue for Q2 of 2024 reached US$77.5 million, marking a 12% year-over-year increase.

In addition to establishing leading fintech platforms in various countries, FinVolution's AI product, Blu, a chatbot SaaS platform, now supports over 20 fintech platforms across seven countries in Asia, Latin America, and Africa. With multilingual capabilities covering Chinese, English, Spanish, Indonesian, and Filipino, Blu achieves a speech recognition accuracy rate of over 90%.

This latest accolade adds to FinVolution's growing list of awards. Earlier this year, the Company was honored with "the Best Consumer Lending Technology Implementation in China" award by The Asian Banker.

FinVolution Group remains committed to advancing its product capabilities and technological innovations, ensuring that it continues to deliver superior fintech solutions to customers around the world.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

FinVolution Group Wins 'LendTech of the Year' at Asia FinTech Awards 2024

FinVolution Group Wins 'LendTech of the Year' at Asia FinTech Awards 2024

ANAHEIM, Calif., Sept. 13, 2024 /PRNewswire/ -- From September 10th to 12th, the RE+ exhibition, one of the most influential events in the energy sector, took place in Anaheim, USA. As an innovative leader in new energy, TOPBAND showcased its cutting-edge energy storage, charger, and integrated "PV-ESS-Charging" solutions for various scenarios, effectively demonstrating TOPBAND's formidable strength within the clean energy landscape.

Currently, TOPBAND has rolled out a range of energy storage products tailored for household use. The high-voltage rack-mounted residential energy storage system boasts remarkable compatibility, seamlessly integrating into existing home power systems and aligning with various hybrid or battery inverters for personal, backup, and grid-connected applications.

In the realm of portable energy storage, TOPBAND has introduced a series of solutions designed for residential, travel, and outdoor activities, delivering up to 3600W power output. These solutions meet the demand for convenient, reliable, and stable off-grid power across diverse scenarios. Additionally, TOPBAND has developed a range of RV & Marine batteries and proudly stands as a member of the International Electric Marine Association (IEMA). This industry-backed association aims to accelerate the transition toward a safe, low-carbon society and decarbonizing the world's waters. We share a common vision with IEMA for a low-carbon world, a goal bolstered by our advanced energy product portfolio. These innovative solutions are meticulously crafted to enhance sustainability and efficiency in the marine sector, significantly contributing to the reduction of carbon emissions and environmental impact.

Moreover, TOPBAND has established a comprehensive EV Charger product ecosystem, featuring a diverse product lineup including portable, residential, and commercial AC chargers, as well as small-sized, integrated, and split-type DC chargers. This extensive range fully accommodates the charging needs of new energy vehicles in both household and public domains, providing robust support for the application and popularization of new energy vehicles with their exceptional performance and wide applicability.

Responding to the strong demand for energy transition, TOPBAND leverages its profound technical expertise to actively advance green transformation in energy infrastructure. Its commercial and industrial PV-ESS-Charging solutions, which integrate photovoltaic power generation, energy storage, and charging facilities, offer comprehensive new energy optimization solutions for commercial complexes, factories, schools, and large charging stations. These solutions are marked by their high flexibility and scalability, aiming to enhance energy efficiency, promote the integration and innovation of renewable energy, reduce costs, and effectively diminish carbon emissions.

As an innovative leader in the new energy sector, TOPBAND not only advances with global energy trends but is also committed to forging a smarter and lower-carbon world. Looking ahead, TOPBAND will continue to collaborate with global partners to explore the infinite possibilities of future energy and guide the industry towards a greener, more intelligent new era.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

TOPBAND@2024 RE+, Exploring the Infinite Possibilities of Clean Energy