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FinVolution Group Announces Strategic Entry into Australia

Business

FinVolution Group Announces Strategic Entry into Australia
Business

Business

FinVolution Group Announces Strategic Entry into Australia

2026-03-17 11:44 Last Updated At:12:05

SYDNEY, March 17, 2026 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech company, announced its entry into the Australian market, following the acquisition of local lending platform Fundo. This move marks the Company's significant strategic expansion into a high-value developed market.

Tiezheng Li, CEO of FinVolution Group, commented, "Our entry into Australia marks an important step in FinVolution's international expansion. We look forward to bringing our responsible, technology-driven financial services to users in Australia."

Australia presents a compelling growth opportunity characterized by a mature regulatory framework and a significant demand for digital lending. The Fundo acquisition allows FinVolution to leverage its expertise in data-driven risk pricing and operational efficiency to enhance financial accessibility in Australia, further advancing the Group's commitment to global financial inclusion.

This expansion builds on FinVolution's track record of executing deep localization strategies across diverse markets. By adapting its product offerings to meet local needs while upholding rigorous compliance standards, the Company ensures its Australian operations align with the regulatory discipline required in a developed economy.

Guided by its "Local Excellence, Global Outlook" strategy, FinVolution's international business has become an increasingly important growth driver. As reported in its 2025 financial results, international transaction volume increased by 38.6% year-over-year to RMB 14.0 billion(US$ 2.0 billion), while international operations contributed 31.4% of total revenue in the fourth quarter.

Today, FinVolution operates leading fintech platforms across China, Indonesia, the Philippines, and Pakistan, alongside its newest market, Australia. As of December 31, 2025, the Company has served a cumulative total of 40.7 million users worldwide and facilitated approximately RMB 1.2 trillion (US$ 171.6 billion) in cumulative transaction volume, solidifying its position as a leading credit-tech company.

 

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FinVolution Group Announces Strategic Entry into Australia

FinVolution Group Announces Strategic Entry into Australia

TOKYO, March 17, 2026 /PRNewswire/ -- The three-day Asia photovoltaic event, PV EXPO 2026, concluded today at Tokyo Big Sight. BILIGHT, a global leader in flexible perovskite technology, delivered an impressive performance, securing preliminary cooperation agreements with numerous global partners across the industry.

A Strategic Vision: Powering the AI Evolution

In an era of accelerating artificial intelligence, BILIGHT has officially transitioned its brand vision to "Powering AI". The company is building a comprehensive energy ecosystem spanning near-Earth orbit, high-altitude platforms, and ground-level edge computing. By closing the "Cloud-Network-Terminal-Edge" energy loop, BILIGHT provides stable, efficient, and sustainable power for the computing infrastructure, intelligent terminals, and autonomous systems that define the intelligent age.

Space-Grade Tech for Edge Intelligence

The star of the exhibition was the "Solar Wing" space-grade perovskite PV. This ultra-light, ultra-thin, and flexible technology solves critical power bottlenecks for AI edge computing devices and high-altitude unmanned systems operating in extreme environments. Industry experts noted that the "Solar Wing" offers a highly competitive solution for increasingly scarce urban commercial spaces.

From the Cosmos to Smart Living

BILIGHT also showcased its flexible rollable PV curtains, bringing space-grade technology down to earth. This product integrates high-performance cells into residential environments, providing autonomous power for smart home AI terminals. This "full-scenario coverage" proves that perovskite technology can power both the deep cosmos and daily domestic life.

Industry and Capital Recognition

The company's performance attracted significant interest from global investors. Analysts believe BILIGHT's ability to drive active energy perception and intelligent scheduling puts it at the forefront of the commercial race for perovskite technology.

As the expo concludes, BILIGHT is accelerating its mission of energy equality. By making clean energy as accessible as air, BILIGHT ensures that the intelligent era is built on a foundation of reliable, sustainable power.

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BILIGHT Concludes Japan PV EXPO 2026: Leading the "Powering AI" Era with Full-Scenario Perovskite Solutions

BILIGHT Concludes Japan PV EXPO 2026: Leading the "Powering AI" Era with Full-Scenario Perovskite Solutions

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