FinVolution Group Unveils AI-Driven Fintech Innovations at Money20/20 Asia, Accelerating Global Financial Inclusion
FinVolution Group (“FinVolution”), a pioneering fintech platform, showcased its latest breakthroughs in AI-powered lending and credit risk management at Money20/20 Asia, held in Bangkok from April 22–24. The premier event brought together global fintech leaders to explore the future of digital finance, with FinVolution taking center stage to demonstrate how its technologies are driving financial inclusion and operational efficiency across China, the Philippines, Indonesia, and Pakistan.
At its dedicated booth, FinVolution hosted four insightful sessions, highlighting real-world applications of AI in risk management, marketing, and operations. Industry experts shared perspectives on AI’s transformative role in reshaping the fintech landscape.
Keynote Insights: Balancing Innovation with Responsibility
1. “From Risk to Reward: Strengthening Risk Management in the Age of Large Language Models (LLMs)”
Lei Chen, Vice President of FinVolution and CEO of JuanScore, kicked off the sessions with a keynote emphasizing the synergy between AI and human judgment in credit risk assessment.
“AI, particularly LLMs, has revolutionized credit risk evaluation, but ethical guidelines and transparency remain non-negotiable,” Chen said. “At FinVolution, we’re building agile, collaborative systems that merge data-driven insights with human expertise to ensure responsible risk management.”
2. “Fintech for Financial Literacy: Bridging the Gap in South Asia”
Sheikh Omer Nasim, CEO of Daira, discussed how fintech can empower underbanked communities in Pakistan.
“Financial literacy is the cornerstone of inclusive digital finance, yet millions in South Asia lack access to basic financial education,” Nasim noted. “Daira’s mission is to close this gap through user-friendly, tech-enabled tools that promote informed borrowing and economic empowerment.”
3. “Loan Channeling: Transforming Banking Partnerships with Fintech Agility”
Joseph Ruan, COO of FinVolution’s Philippines business, highlighted how the company’s AI and Big Data technologies are enabling banks to expand their reach while maintaining stringent risk controls.
“Loan channeling integrates fintech’s speed and precision with institutional scale, allowing partner banks to serve underserved borrowers more effectively,” Ruan explained.
4. “Emerging CreditTech Trends in Asia & Latin America”
Max Liu, Director of Strategy at FinVolution, shared insights into growing fintech opportunities in emerging markets.
“Asia and Latin America are becoming hotbeds for fintech innovation, with each region presenting unique challenges and opportunities,” Liu said. “FinVolution’s cross-regional expertise positions us to lead in delivering scalable, intelligent credit solutions tailored to local needs.”
AI-Driven Growth: Financial and Operational Milestones
FinVolution’s commitment to AI innovation has fueled strong financial and operational momentum:
Enhanced Fraud Detection: In 2024, the company upgraded its proprietary AI model, trained on 17 years of credit data, achieving 98% accuracy in fraud detection.
Cost Efficiency: AI-generated creative testing reduced advertising content production costs by up to 60%.
Global Expansion: By the end of 2024, FinVolution’s registered users outside China reached 35.7 million, with cumulative borrowers exceeding 7 million—a 45.8% year-over-year increase. A key milestone was the launch of Daira in Pakistan, marking the company’s entry into one of Asia’s fastest-growing frontier markets.
A Vision for Inclusive, Sustainable Finance
FinVolution’s success at Money20/20 Asia underscores its role as a global leader in fintech innovation. By combining AI, data analytics, and ethical governance, the company is not only revolutionizing lending practices but also driving financial inclusion across emerging markets.
“Our mission is to create a more equitable, accessible financial ecosystem through technology,” said Tiezheng Li, Vice-Chairman and CEO of FinVolution. “By partnering with regulators, banks, and communities, we’re building a future where credit is a tool for empowerment, not exclusion.”
Key Takeaways:
AI-Powered Lending: FinVolution’s technologies are enhancing risk management and expanding access to credit in underserved markets.
Global Reach: The company’s registered users outside China surged to 35.7 million in 2024, with Daira’s launch in Pakistan as a major milestone.
Ethical Innovation: FinVolution prioritizes transparency, ethical standards, and human-centric design in its AI solutions.
Cost Efficiency: AI-driven tools reduced advertising costs by 60%, demonstrating operational excellence.
About FinVolution Group
FinVolution Group is a leading fintech platform dedicated to driving financial inclusion through AI and big data. By partnering with banks, governments, and communities, the company is reshaping the future of lending and credit management globally.
For more insights, visit FinVolution’s official website.
Why FinVolution Stands Out:
Innovative Credit Models: Leverages 17 years of credit data for unmatched accuracy.
Cross-Regional Expertise: Operates in China, the Philippines, Indonesia, Pakistan, and beyond.
Commitment to Sustainability: Aligns with UN SDGs to promote inclusive growth.
FinVolution’s Money20/20 Asia presence was a testament to its vision for a smarter, fairer financial world.
