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FinVolution Group (FinVolution Group) Payments to Suppliers for Goods and Services


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FinVolution Group Payments to Suppliers for Goods and Services Definition

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


FinVolution Group (FinVolution Group) Business Description

Industry
Traded in Other Exchanges
Address
No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers. The Group's long-lived assets are located in the PRC and its revenues are derived from within the PRC.