FinVolution and Huawei Cloud Host Global Fintech Workshop to Explore CreditTech Innovation and Global Expansion Strategies
Shanghai, September 18, 2024 – FinVolution Group, a leading pan-Asian fintech innovator, and Huawei Cloud co-hosted a global fintech workshop at FinVolution’s Shanghai headquarters, attracting representatives from financial institutions and fintech companies across Africa and Latin America. The event, part of the Huawei Cloud Spark Discovery Forum, focused on China’s CreditTech evolution and global industry trends, offering insights into FinVolution’s international expansion and technological advancements.
China’s CreditTech Leadership: Insights from Xiaodong Sun
Xiaodong Sun, Senior Vice President of FinVolution, delivered a keynote presentation on the development and future of China’s CreditTech industry:
“China’s CreditTech sector has emerged as a global innovation hub, driven by rapid financial digitalization and rising demand for personalized, data-driven credit solutions. Over the past decade, the industry has transformed how financial services are delivered, ensuring inclusive access for underserved communities while empowering institutions with cutting-edge technology.”
Sun highlighted how China’s CreditTech ecosystem now supports millions of users through AI-driven credit assessments, fraud prevention, and customer engagement tools, setting a benchmark for global fintech innovation.
FinVolution’s Global Footprint: Expanding Across Continents
Richard Ding, Senior Strategy Director at FinVolution, shared the company’s progress in international strategic expansion. FinVolution has established leading fintech platforms in Indonesia and the Philippines, while its intelligent voice robot SaaS platform, BLU AI, has extended technology services to Latin America and Africa.
Ding emphasized FinVolution’s commitment to deep localization:
“By tailoring our solutions to local market needs—from regulatory compliance to cultural preferences—we’ve successfully deployed BLU AI in seven countries, supporting nearly 40 fintech platforms.”
BLU AI: A Multilingual Powerhouse for Global Fintech
At the workshop, FinVolution showcased BLU AI, its overseas intelligent voice robot. Leveraging AI and big data, BLU AI offers:
Multilingual speech recognition (Chinese, English, Spanish, Indonesian, Tagalog)
Natural language understanding
Outbound call automation
With a speech recognition accuracy rate exceeding 95%, BLU AI enhances workflow efficiency and customer service quality for FinVolution’s platforms and global clients. Currently, the platform supports fintech firms in Asia, Latin America, and Africa, driving scalable, cost-effective operations.
Q&A Session: Global Industry Interest in FinVolution’s Success
During the interactive Q&A, industry peers expressed keen interest in FinVolution’s localization strategies and technology-driven growth. FinVolution’s executives shared practical insights on:
Navigating regulatory complexities in emerging markets
Customizing AI solutions for diverse user bases
Building trust through transparent, secure financial services
Strong Financial Performance and Industry Recognition
As of Q2 2024, FinVolution has served 5.6 million overseas users, with its international business contributing nearly 20% to total revenue, cementing its role as a key growth driver.
The company’s success was further recognized when it was named “LendTech of the Year” at the Asia FinTech Awards, underscoring its leadership in advancing digital financial inclusion across the Asia-Pacific region.
About FinVolution Group
FinVolution Group is a global fintech pioneer specializing in AI-driven credit solutions, digital lending, and financial inclusion. With operations in China, Indonesia, the Philippines, Pakistan, Latin America, and Africa, the company empowers underserved populations through innovative technology, regulatory compliance, and community-centric strategies.
