FinVolution Wins Dual Awards at FinanceAsia 2025 for Innovation and Strategic Partnership
HONG KONG, June 19, 2025 /PRNewswire/ -- FinVolution Group, a globally leading fintech company, has been honored with two prestigious awards at the Finance Asia 2025 Awards: "Most Innovative Use of Technology" (Mainland China) and "Best Strategic Initiative" (the Philippines). These accolades underscore the global recognition for FinVolution's Loan Channelling business model and its technological capabilities in empowering financial inclusion.
The FinanceAsia Awards are one of the best-known and most credible sets of awards in Asia's financial services industry, with this year's winners including major financial institutions such as Citibank, HSBC, Bank Rakyat Indonesia(BRI), and Bank of the Philippine Islands Bank(BPI).
The recognition from FinanceAsia in both China and the Philippines reinforces FinVolution's commitment to advancing financial inclusion and supporting its banking partners in transcending traditional service boundaries through innovation. The company sees this achievement as further motivation to scale its global impact and contribute to a more inclusive financial ecosystem.
Innovating Lending Through Loan Channelling
The key driver behind these awards is FinVolution's innovative Loan Channelling model, transforming traditional lending by integrating the strengths of banks and fintech companies. Through strategic partnerships, FinVolution empowers financial institutions to deploy its end-to-end proprietary technology, covering customer acquisition, risk control, AI-driven underwriting, and omnichannel distribution, to enhance intelligence and efficiency of the entire credit process.
As of Q1 2025, the Company has facilitated over USD 147 billion in cumulative loans and connected 35 million borrowers with more than 128 global financial institutions.
A notable example is FinVolution's award-winning operation in the Philippines, which includes a landmark PHP 2.75 billion (approximately USD 50 million) Loan Channeling partnership with a leading local digital bank. This collaboration has strengthened regional liquidity while enabling the partner bank to expand its customer base with minimized risk and improved service quality—further validating the model's effectiveness.
Global Expansion Driven by Technology
Building on the success of its Loan Channeling model, FinVolution is expanding its impact across global markets by combining localized insights with cutting-edge technology. Beyond the Philippines, the company has established leading fintech platforms in Indonesia and Pakistan to further its global mission.
Guided by 18 years of credit technology expertise and collaborative partnerships, FinVolution remains committed to enhancing financial services through innovative technologies. Its solutions empower both traditional and digital banks to reach wider customer segments while improving the efficiency and scope of financial inclusion—collectively building a complementary, sustainable financial ecosystem.
The success of this model is reflected in FinVolution's strong international performance. In the first quarter of 2025, the company's international business revenue reached US$97.9 million, marking a 19.5% year-over-year increase. This growth contributed 20.4% of FinVolution's total revenue for the quarter, demonstrating the increasing importance of its global operations.
About FinVolution
FinVolution Group is a leading fintech company that connects millions of consumers as well as micro- and small-sized enterprises with financial institutions. Founded in 2007 and listed on the New York Stock Exchange in 2017, we have been at the forefront of the pan-Asian credit technology industry, pioneering innovative technologies in credit risk assessment, fraud detection, big data, and artificial intelligence. With a proven track record of robust growth in pan-Asian countries, we have established leading fintech platforms in China, Indonesia, the Philippines, and Pakistan.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Korea Herald
31 minutes ago
- Korea Herald
Banila Co Launches Covericious Ultimate Cover Cushion on Amazon U.S., Expanding Global Presence
The cushion chosen by Korean consumers is ready to make its global debut! SEOUL, South Korea, June 19, 2025 /PRNewswire/ -- As one of K-beauty's most trusted names, Banila Co has officially launched its Covericious Ultimate Cover Cushion on Amazon in the U.S., accelerating its push into global beauty markets. Now available to American consumers, the Covericious Ultimate Cover Cushion builds on the legacy of the 'Covericious Ultimate White Cushion,' which has surpassed 4 million cumulative units in sales [1]. With a strong reputation built across both Korean and international audiences, Banila Co is entering the U.S. market with the aim of further amplifying its brand presence worldwide. Following the global success of its hero product, the Clean It Zero Cleansing Balm —ranked the No. 1 cleansing balm brand worldwide [2] —Banila Co is on track to replicate that momentum with its latest launch. The arrival of the Covericious Ultimate Cover Cushion has generated buzz among beauty consumers eager for high-performance, skincare-infused makeup solutions. The product has also been distinguished for its excellence, ranking first in customer satisfaction —as chosen by Korean consumers—in Korea's base makeup category for two consecutive years at the FIRST BRAND AWARDS 2025 [3], reinforcing Banila Co's reputation for quality and innovation. More than just coverage, the Covericious Ultimate Cover Cushion is formulated with white truffle extract and a proprietary flower complex to help brighten and clarify skin while delivering seamless, buildable coverage. Its weightless texture offers comfortable wear throughout the day—and night—with tested wear of up to 100 hours [4]. The sleek, travel-ready compact makes flawless skin just a tap away, wherever you are. To meet the needs of a truly global customer base, Banila Co has developed a versatile range of 20 inclusive shades tailored to a wide spectrum of skin tones around the world. This internationally developed shade range reflects the brand's collaboration with global color specialists and insights from U.S.-based makeup artists, ensuring a custom-fit match for every complexion—from fair to deep skin tones. "We're excited to bring Banila Co's advanced base makeup technology to the global stage with the launch of the Covericious Ultimate Cover Cushion on Amazon U.S.," said a Banila Co representative. "We remain committed to advancing K-beauty's presence worldwide by delivering high-quality, inclusive, and performance-driven products that resonate with today's beauty consumer."
Korea Herald
an hour ago
- Korea Herald
ZTE CDO Cui Li at MWC25 Shanghai: Digital and Intelligent Evolution, Usher in a New Era of AI Civilization
SHANGHAI, June 19, 2025 /PRNewswire/ -- ZTE Corporation ( / a global leading provider of integrated information and communication technology solutions, announced that Cui Li, the company's Chief Development Officer (CDO), was invited to deliver a keynote speech at "The Techco Transformation: Pioneering the Next Era of Innovation" session and addressed the GTI Summit • Shanghai 2025 with the theme of "Envisioning the Future From 5G-A to 6G" at MWC25 Shanghai. She shared ZTE's innovative practices and strategic insights on driving the digital and intelligent evolution of diverse industries amidst the intelligent revolution powered by AI large models. In her keynote speech at the "The Techco Transformation: Pioneering the Next Era of Innovation" session, Cui Li shared her insights under the theme "Digital and Intelligent Evolution: Usher in a New Era of AI Civilization". She underscored that large AI models have triggered a global wave of intelligent revolution, driving continuous innovations and breakthroughs across technological iterations and ecosystem development. Emphasizing the enduring priorities within AI advancement, she asserted that the focus will remain unwavering: efficient infrastructure, optimized algorithms, and practical applications. In alignment with this trajectory, ZTE prioritizes computing infrastructure, algorithm optimization, and edge-terminal collaboration. Through relentless innovation, ZTE is committed to advancing the democratization of computing and AI, laying a solid foundation for the intelligent transformation of various industries. Driven by innovation, ZTE strives to build an intelligent foundation integrating "network, computing, and energy". Centered on data, algorithms, and technology, the company pursues multidimensional evolution to unleash greater intelligent value. Adhering to the core philosophy of "AI for All", ZTE integrates AI deeply with ICT to build a full-stack and full-scenario intelligent computing solution. Additionally, the company is actively driving the adoption of AI across consumer, home, and industry scenarios, accelerating AI democratization. Cui Li stated that ZTE will continue to enhance the competitiveness of its products and solutions, build a more integrated ecosystem with the its partners, and foster deeper convergence and innovation of AI and ICT. Together with ecosystem partners, ZTE aims to address the challenges of privacy, security, and ethics in AI, so as to create an open, collaborative, and trustworthy ecosystem and promote digital and intelligent advancements across all industries, opening up a new era of civilization. At the GTI Summit • Shanghai 2025, Cui Li delivered a speech titled "Intelligent Connectivity, Infinite Future", and was invited to the official release ceremony of China Mobile 5G-A Enablement for the Trifecta of New Information Consumption Services White Paper and other innovation initiatives. In her speech, Cui Li shared ZTE's systematic exploration, practical achievements, and strategic insights across three dimensions: advanced connectivity, intelligent computing for all, and deployment on edges and terminals. In terms of advanced connectivity, ZTE collaborates with partners to drive network technology evolution from 5G to 5G-A and eventually to 6G, building the neural hub for the intelligent era. Regarding intelligent computing, ZTE focuses on hardware, software, and data to build efficient infrastructure, enable effective implementation, and enhance intelligence. As a result, the company maximizes the value of data, and significantly advances AI for all. As for deployment on edges and terminals, adhering to the "AI for All" philosophy, ZTE has launched a full-stack, full-scenario intelligent solution, contributing to reduced costs, higher efficiency, and lower carbon emissions of the entire society. In her speech, Cui Li emphasized that the world of intelligent connectivity is not a solo of technology, but a symphony played by the entire ecosystem. ZTE will join hands with global partners to further democratize AI and other new technologies, and empower the digital and intelligent transformation of various industries, ultimately shaping a future with ubiquitous connectivity, boundless intelligence, and infinite possibilities.
Korea Herald
an hour ago
- Korea Herald
MWC Shanghai 2025: Tongyu Communications Showcases Innovations in Wireless Technology and Satellite Connectivity
ZHONGSHAN, China, June 19, 2025 /PRNewswire/ -- At MWC Shanghai 2025, Tongyu Communication Inc. ( debuted MacroWiFi, a large area WiFi coverage solution, along with five key product category: satellite communication for ground-satellite connectivity, high efficiency base station antennas, Integration of Massive MIMO antennas and sheet metal filter, low-altitude coverage antenna. The product show highlighted Tongyu's advancements in field of satcom, 5G-A, 6G evolution, low-altitude economy, and last mile, offering more innovative solutions for the industry. As global digitalization has accelerated, satcom is emerging as a crucial technology for global connectivity. Tongyu presented its satellite-ground interconnection solutions, which combine Low Earth Orbit (LEO) and Geostationary Orbit (GEO) satellite technologies. This solution provided reliable and efficient connectivity for maritime shipping, aviation communication, emergency response, and remote areas. Moreover, by establishing a production base in Hubei, China, and investing in satellite businesses through joint ventures and industrial funds, the company is strategically enhancing its focus on satellite payload, ground stations and terminals for commercial applications to meet the growing demand for reliable satellite connectivity. Winnie Wu, Vice President of Tongyu Communication, stated that its solution encompasses onboard payloads, ground stations, and satellite terminals. It has been successfully used in satellite internet experimental satellites and is now part of the supply chains for major international operators. "As a key player in global communication technology innovation, Tongyu continues to make significant technological advancements, demonstrating industry-leading expertise." Pioneering technological innovation, Tongyu is continuously pushing boundaries and leading industry development. Earlier this year, the company lunched its MacroWiFi solution, which uses high-gain antennas and long-range transmission protocol to deliver WiFi coverage of 1.5 to 2 km. Pilot projects are currently ongoing in Southeast Asia. Additionally, the newly launched the antenna for low-altitude, it provides seamless coverage from ground up to 600 meters, supporting applications like drone logistics and emergency communications but also common cellular network. This innovation boosts operational efficiency and helps develop the low-altitude economy, creating new growth and collaboration opportunities across different sectors. About Tongyu Communication Tongyu Communication Inc., established in 1996, specializes in the research, development, manufacturing, and sales of mobile communication antennas, radio frequency devices, and satellite communication solutions. With production facilities in China and subsidiaries across Europe and various locations worldwide, Tongyu Communication has built a strong global presence. For more information, please visit
