 |
ISLAMABAD, Oct. 10, 2024 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech company, officially announced the launch of Daira, its new fintech platform in Pakistan, on October 10. This launch marks a significant milestone in the company's global expansion strategy, with the platform offering localized and secure digital fintech services tailored for the Pakistani market.
Situated at a pivotal crossroads in South Asia, Pakistan has a large and youthful population. However, millions of individuals still lack access to basic financial services. With the country's fintech market rapidly digitalizing, this gap presents significant opportunities for growth and innovation.
Leveraging 17 years of technological expertise and extensive experience in market localization, FinVolution aims to drive digital financial inclusion in Pakistan through Daira. Earlier this year, FinVolution obtained a Non-Banking Financial Company (NBFC) license from the Securities and Exchange Commission of Pakistan (SECP), laying the foundation for compliant operations within the country.
Tiezheng Li, CEO of FinVolution Group, commented, "The launch of Daira in Pakistan is a key milestone in our global expansion. We have successfully established leading brands in several APAC markets through our advanced technology and localization strategies, and we believe we can replicate this success in Pakistan. Moving forward, we will continue to pursue new opportunities in other markets to further strengthen our global presence."
Xiaodong Sun, Senior Vice President of FinVolution, added, "With Pakistan's vast market potential and our proven experience in overseas expansion, we are confident in the success of Daira. We are committed to understanding the unique needs of local users and actively engaging with the community to develop tailored financial solutions. Our goal is to provide safer, more efficient, and inclusive digital financial services that empower individuals and small enterprises in Pakistan."
In 2024, FinVolution secured key financial licenses across various markets, including the NBFC license in Pakistan, a multi-finance license from Indonesia's Financial Services Authority (OJK), and has been accredited as a Special Accessing Entity (SAE) by the Credit Information Corporation (CIC) in the Philippines, a government-owned entity tasked with collecting and disseminating credit information.
Founded in 2007 in Shanghai, China and listed on the New York Stock Exchange in 2017, FinVolution has been a pioneer in the pan-Asian credit technology industry.
With a focus on the pan-Asian region, FinVolution has been actively expanding its fintech offerings globally since 2018. The company has established leading fintech platforms in China, Indonesia, and the Philippines. Through its AI chatbot SaaS platform, BLU AI, FinVolution has also extended its technology services to Latin America and Africa, serving nearly 40 fintech companies worldwide.
According to FinVolution's latest financial report, as of Q2 2024, the company had served 5.6 million overseas users, with international operations contributing nearly 20% of the group's total revenue, cementing its position as a key driver of growth.
About FinVolution Group
FinVolution Group is a leading fintech company that connects millions of consumers as well as 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, and the Philippines.
For more information, please visit en.finvgroup.com
ISLAMABAD, Oct. 10, 2024 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech company, officially announced the launch of Daira, its new fintech platform in Pakistan, on October 10. This launch marks a significant milestone in the company's global expansion strategy, with the platform offering localized and secure digital fintech services tailored for the Pakistani market.
Situated at a pivotal crossroads in South Asia, Pakistan has a large and youthful population. However, millions of individuals still lack access to basic financial services. With the country's fintech market rapidly digitalizing, this gap presents significant opportunities for growth and innovation.
Leveraging 17 years of technological expertise and extensive experience in market localization, FinVolution aims to drive digital financial inclusion in Pakistan through Daira. Earlier this year, FinVolution obtained a Non-Banking Financial Company (NBFC) license from the Securities and Exchange Commission of Pakistan (SECP), laying the foundation for compliant operations within the country.
Tiezheng Li, CEO of FinVolution Group, commented, "The launch of Daira in Pakistan is a key milestone in our global expansion. We have successfully established leading brands in several APAC markets through our advanced technology and localization strategies, and we believe we can replicate this success in Pakistan. Moving forward, we will continue to pursue new opportunities in other markets to further strengthen our global presence."
Xiaodong Sun, Senior Vice President of FinVolution, added, "With Pakistan's vast market potential and our proven experience in overseas expansion, we are confident in the success of Daira. We are committed to understanding the unique needs of local users and actively engaging with the community to develop tailored financial solutions. Our goal is to provide safer, more efficient, and inclusive digital financial services that empower individuals and small enterprises in Pakistan."
In 2024, FinVolution secured key financial licenses across various markets, including the NBFC license in Pakistan, a multi-finance license from Indonesia's Financial Services Authority (OJK), and has been accredited as a Special Accessing Entity (SAE) by the Credit Information Corporation (CIC) in the Philippines, a government-owned entity tasked with collecting and disseminating credit information.
Founded in 2007 in Shanghai, China and listed on the New York Stock Exchange in 2017, FinVolution has been a pioneer in the pan-Asian credit technology industry.
With a focus on the pan-Asian region, FinVolution has been actively expanding its fintech offerings globally since 2018. The company has established leading fintech platforms in China, Indonesia, and the Philippines. Through its AI chatbot SaaS platform, BLU AI, FinVolution has also extended its technology services to Latin America and Africa, serving nearly 40 fintech companies worldwide.
According to FinVolution's latest financial report, as of Q2 2024, the company had served 5.6 million overseas users, with international operations contributing nearly 20% of the group's total revenue, cementing its position as a key driver of growth.
About FinVolution Group
FinVolution Group is a leading fintech company that connects millions of consumers as well as 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, and the Philippines.
For more information, please visit en.finvgroup.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
FinVolution Group Expands Global Footprint with Launch of "Daira" in Pakistan
FinVolution Group Expands Global Footprint with Launch of "Daira" in Pakistan
FinVolution Group Expands Global Footprint with Launch of "Daira" in Pakistan
|
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- 2025 was a year of challenges, a year of action and, most importantly, a year where it became increasingly clear that change is possible through shared ambition.
In the face of complex global challenges, the UN Global Compact demonstrated that through collaboration, accountability and collective leadership, businesses have the power to step up and show up for people, the planet and the future.
The private sector plays a critical role in creating a safer, more inclusive and resilient world. It's not just the right thing to do — it's good business.
Additionally, 2025 marked the 25th anniversary of the UN Global Compact, a moment to commemorate progress and focus on the transformations ahead. As we reflect on 2025, we approach the next 25 with energy, urgency and optimism about what's possible.
Global growth
The reach of the UN Global Compact continues to expand as more stakeholders join the movement for responsible business.
2025 marked an inflection point in growth and impact. In the past five years alone, the UN Global Compact has nearly doubled participation to more than 23,000 companies across 160+ countries, expanding its small and medium-sized enterprise (SME) and regional programmes and raising the bar for corporate ambition and accountability.
We welcomed three new Country Networks this year, strengthening local implementation of the Ten Principles and enabling more companies to take action aligned with global standards and country-specific priorities.
Business with global stakeholders
Throughout 2025, the UN Global Compact convened leaders from business, Government, civil society, academia and youth to accelerate progress across the Sustainable Development Goals.
Momentum around social sustainability was especially strong this year. From global advocacy at the Commission on the Status of Women to strengthened partnerships on human rights, the UN Global Compact continued to elevate equity and inclusion across businesses and markets.
A major highlight was the launch of the Ring the Bell LGBTIQ+ Equality Initiative, in partnership with UN Human Rights, the UN Sustainable Stock Exchange Initiative and Koppa, as well as the annual Ring the Bell for General Equity celebration. Through coordinated bell-ringing ceremonies at stock exchanges globally, 14 countries amplified a powerful message: equality is good for people, good for markets and good for business.
At the World Social Summit, business leaders emphasized that social development, decent work, equity, social protection and lifelong learning are fundamental to sustainable economic growth and a just transition.
UN General Assembly High-Level Week was another pivotal moment for the UN Global Compact this year. Marking the 80th anniversary of the United Nations and the 25th anniversary of the Global Compact, business leaders gathered to reaffirm their commitment to multilateralism and the power of tackling tough challenges together.
During the UN General Assembly, hundreds of business leaders and partners came together at the Private Sector Forum, the UN Global Compact Hub and the Leaders Summit. Conversations centred on rebuilding trust, accelerating climate action and strengthening the role of responsible business in advancing peace, prosperity and the SDGs.
Additionally, the Unstoppable Africa event highlighted the continent's tremendous potential for business, trade and investment, and showcased the strategic role businesses play in advancing sustainable and inclusive growth.
Beyond these specific events, throughout the year, companies engaged meaningfully across themes and regions through:
- Financing for Development: Mobilizing capital for the SDGs
- High-Level Political Forum: Strengthening accountability for progress
- Food Systems Summit Stocktake: Accelerating action for sustainable, equitable food systems
- COP30: Reaffirming climate action and charting a path for our future
Moments like these reinforce the power of public-private collaboration in advancing global goals.
New insights, tools and guidance
In 2025, the UN Global Compact released a series of resources to help companies transform their commitments into meaningful action. These included:
The UN Global Compact – Accenture 2025 CEO Study showcased global executive perspectives on sustainability transformation.
The Non-Discrimination and Equality Analysis Tool helps companies assess and strengthen their approach to eliminating discrimination in work-related activities.
The Ocean Investment Protocol revealed a practical framework for scaling blue finance and ocean stewardship.
The EU Sustainability Navigator provides timely, expert-led insights into the latest EU policy shifts, translating the complex landscape into practical implications and impactful action.
Collectively, these tools support companies seeking to integrate sustainability into governance, operations, finance and culture.
2026 and beyond…
We look back on this last year with gratitude, ambition and hope for the future.
This year affirmed that when businesses take action grounded in principles, guided by science and united around shared goals, transformation is possible.
As we enter the next chapter of the UN Global Compact, our ambition is clear: to accelerate progress, deepen accountability and mobilize the full power of business to create a more resilient, inclusive and sustainable world.
NEW YORK, Dec. 19, 2025 /PRNewswire/ -- 2025 was a year of challenges, a year of action and, most importantly, a year where it became increasingly clear that change is possible through shared ambition.
In the face of complex global challenges, the UN Global Compact demonstrated that through collaboration, accountability and collective leadership, businesses have the power to step up and show up for people, the planet and the future.
The private sector plays a critical role in creating a safer, more inclusive and resilient world. It's not just the right thing to do — it's good business.
Additionally, 2025 marked the 25th anniversary of the UN Global Compact, a moment to commemorate progress and focus on the transformations ahead. As we reflect on 2025, we approach the next 25 with energy, urgency and optimism about what's possible.
Global growth
The reach of the UN Global Compact continues to expand as more stakeholders join the movement for responsible business.
2025 marked an inflection point in growth and impact. In the past five years alone, the UN Global Compact has nearly doubled participation to more than 23,000 companies across 160+ countries, expanding its small and medium-sized enterprise (SME) and regional programmes and raising the bar for corporate ambition and accountability.
We welcomed three new Country Networks this year, strengthening local implementation of the Ten Principles and enabling more companies to take action aligned with global standards and country-specific priorities.
Business with global stakeholders
Throughout 2025, the UN Global Compact convened leaders from business, Government, civil society, academia and youth to accelerate progress across the Sustainable Development Goals.
Momentum around social sustainability was especially strong this year. From global advocacy at the Commission on the Status of Women to strengthened partnerships on human rights, the UN Global Compact continued to elevate equity and inclusion across businesses and markets.
A major highlight was the launch of the Ring the Bell LGBTIQ+ Equality Initiative, in partnership with UN Human Rights, the UN Sustainable Stock Exchange Initiative and Koppa, as well as the annual Ring the Bell for General Equity celebration. Through coordinated bell-ringing ceremonies at stock exchanges globally, 14 countries amplified a powerful message: equality is good for people, good for markets and good for business.
At the World Social Summit, business leaders emphasized that social development, decent work, equity, social protection and lifelong learning are fundamental to sustainable economic growth and a just transition.
UN General Assembly High-Level Week was another pivotal moment for the UN Global Compact this year. Marking the 80th anniversary of the United Nations and the 25th anniversary of the Global Compact, business leaders gathered to reaffirm their commitment to multilateralism and the power of tackling tough challenges together.
During the UN General Assembly, hundreds of business leaders and partners came together at the Private Sector Forum, the UN Global Compact Hub and the Leaders Summit. Conversations centred on rebuilding trust, accelerating climate action and strengthening the role of responsible business in advancing peace, prosperity and the SDGs.
Additionally, the Unstoppable Africa event highlighted the continent's tremendous potential for business, trade and investment, and showcased the strategic role businesses play in advancing sustainable and inclusive growth.
Beyond these specific events, throughout the year, companies engaged meaningfully across themes and regions through:
- Financing for Development: Mobilizing capital for the SDGs
- High-Level Political Forum: Strengthening accountability for progress
- Food Systems Summit Stocktake: Accelerating action for sustainable, equitable food systems
- COP30: Reaffirming climate action and charting a path for our future
Moments like these reinforce the power of public-private collaboration in advancing global goals.
New insights, tools and guidance
In 2025, the UN Global Compact released a series of resources to help companies transform their commitments into meaningful action. These included:
The UN Global Compact – Accenture 2025 CEO Study showcased global executive perspectives on sustainability transformation.
The Non-Discrimination and Equality Analysis Tool helps companies assess and strengthen their approach to eliminating discrimination in work-related activities.
The Ocean Investment Protocol revealed a practical framework for scaling blue finance and ocean stewardship.
The EU Sustainability Navigator provides timely, expert-led insights into the latest EU policy shifts, translating the complex landscape into practical implications and impactful action.
Collectively, these tools support companies seeking to integrate sustainability into governance, operations, finance and culture.
2026 and beyond…
We look back on this last year with gratitude, ambition and hope for the future.
This year affirmed that when businesses take action grounded in principles, guided by science and united around shared goals, transformation is possible.
As we enter the next chapter of the UN Global Compact, our ambition is clear: to accelerate progress, deepen accountability and mobilize the full power of business to create a more resilient, inclusive and sustainable world.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
2025: A year of accelerating sustainable business
2025: A year of accelerating sustainable business
2025: A year of accelerating sustainable business