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FinVolution’s SVP Ming Gu speaks at Asian Financial Forum, highlighting opportunities in CreditTech for Southeast Asia’s underserved

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HONG KONG, Jan. 15, 2025 /PRNewswire/ — FinVolution Group (NYSE: FINV), a leading fintech service provider in the pan-Asian region, reaffirmed its commitment yesterday to advancing financial inclusion through cutting-edge credit technology and strategic partnerships at the Asian Financial Forum 2025 in Hong Kong.

 

The Fintech Showcase at AFF 2025

Dr. Ming Gu, Senior Vice President of FinVolution Group, shared his insights on how fintech innovation is transforming access to credit for underserved populations in Southeast Asia.

“Fintech is creating new pathways for underserved populations to access credit and financial support, empowering them to invest in their futures,” he said at a thematic workshop on the future of fintech in Southeast Asia.

Driving financial inclusion through innovation

Gu emphasized FinVolution’s mission to bridge the gap between financial institutions and underserved communities by leveraging advanced credit technology.

The company has built its business around serving young workers and small business owners from grassroots backgrounds, whose financial needs are often overlooked by traditional banks and other financial institutions.

Through user-friendly digital lending platforms and collaborations with local partners, FinVolution has supported over 6 million borrowers and facilitated loans exceeding US$3 billion in its markets outside China as of Q3 2024.

FinVolution’s AI-powered tools enable financial institutions to better assess creditworthiness, particularly for those without traditional credit histories, Gu explained.

Opportunities and challenges in Southeast Asia’s market

Gu highlighted Southeast Asia’s potential as a key growth market for fintech, driven by its young population, e-commerce growth, and credit-driven consumption habits.

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“Very few regions in this world can meet all these criteria,” he said, highlighting the underpinnings of Southeast Asia’s ascent as a fintech powerhouse. “Digital lending always goes hand in hand with the growth of e-commerce.”

“The number one factor driving financial inclusion and literacy is GDP per capita,” Gu said. “Fintech and other technologies serve as a tool to facilitate this process, but it is GDP per capita that remains the cornerstone of development.”

For instance, Indonesia’s ambitious Golden Indonesia 2045 Vision aims to accelerate the nation’s economic growth by at least 5% annually over the next two decades.

This initiative reflects the nation’s commitment to fostering financial inclusion and leveraging technology as a catalyst for sustainable progress.

Indonesia is the place to watch over the next five to 10 years,” Gu added. “We are very bullish on Southeast Asia.”

Symbiotic relationship with regulators and financial partners

Despite these opportunities, challenges such as the lack of credit histories and increasing fraud risks persist, threatening the future of fintech in this region.

FinVolution combats these issues with advanced proprietary risk management systems and fraud prevention technologies.

Gu stressed the collaboration with regulators and financial institutions in creating a robust and inclusive financial ecosystem.

FinVolution itself adheres to stringent regulatory standards, securing necessary licenses and aligning with local laws. This endeavor coincides with steady improvements to Southeast Asia’s regulatory stringency in recent years, which are credited for creating an environment conducive to fintech innovation.

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“I believe a symbiotic relationship between regulators and fintechs like us is crucial to Southeast Asia’s rise as a key global fintech hub,” Gu noted.

With over 100 financial institution partners, including digital banks and consumer finance companies, FinVolution provides end-to-end credit tech solutions that streamline processes and expand outreach.

FinVolution Group remains dedicated to driving financial inclusion and innovation in Southeast Asia. With a focus on technology and collaboration, the company aims to empower individuals and communities while fostering a thriving fintech ecosystem in the region.

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Fintech PR

AUS announces President’s Scholarship for international students

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SHARJAH, UAE, Jan. 15, 2025 /PRNewswire/ — American University of Sharjah (AUS), invites outstanding international students to apply for the President’s Scholarship for Fall 2025. Open to applicants who have completed their secondary education outside the UAE, this scholarship provides talented students with the opportunity to join a dynamic academic community that fosters innovation, collaboration and leadership.

 

 

AUS is ranked among the top five universities in the UAE for its number of international students according to QS World University Rankings 2025 and third for its international student ratio in the Arab region according to QS Arab Region University Rankings 2024. With a campus that represents approximately 90 nationalities, AUS offers an inclusive and vibrant environment where diverse perspectives enrich academic and personal growth.

The scholarship covers full tuition and lab fees, on-campus housing, student medical insurance and a monthly stipend to support living expenses. Recipients also benefit from three annual round-trip tickets during their studies.

Dr. Tod Laursen, Chancellor of AUS, underscored the significance of the scholarship, stating: “The President’s Scholarship reflects our steadfast commitment to providing talented students from around the globe with access to an education that is both transformative and empowering.”

Students at AUS benefit from remarkable opportunities to engage in innovative research studies, thanks to the establishment of six cutting-edge research centers. These include the Artificial Intelligence, Smart Infrastructure and Robotics Research Center; the Materials Research Center; the Center for Entrepreneurship, Innovation and Sustainable Development; the Energy, Water and Sustainable Environment Research Center; the Center for Arab Studies and Islamic Civilizations; and the Advanced Biosciences and Bioengineering Research Center.

Located in Sharjah, the cultural capital of the UAE, AUS combines tradition with modernity on a campus that inspires exploration and discovery. AUS students are immersed in a thriving ecosystem of cultural heritage, entrepreneurship and technological advancement. The vibrant campus life offers opportunities for personal development and engagement through over 120 student-led organizations, including cultural clubs that celebrate global traditions, academic associations that drive professional excellence and interest-based clubs that cater to diverse passions and talents.

The President’s Scholarship is open for applications until Thursday, April 17, 2025, and renewable for students who continue to meet the scholarship’s requirements. Prospective applicants can visit apply.aus.edu to learn more about the eligibility criteria and submit their applications. To know more about the scholarships and grants offered by AUS, visit www.aus.edu/scholarship.

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elevendigits Ltd Launches Three Different Business Loan Comparison Websites

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LONDON, Jan. 15, 2025 /PRNewswire/ — elevendigits Ltd, a company at the forefront of financial technology and business funding solutions is thrilled to announce the launch of three business loan comparison websites tailored to the needs of entrepreneurs in the United Kingdom, the United States, and New Zealand: business-loan.uk, business-loans.com, and businessloan.nz. 

This strategic expansion effort reflects elevendigits’ commitment to simplifying the financial decision-making process for businesses across many different markets. By offering user-friendly platforms designed to make life easier, these websites provide transparent, accessible and efficient loan comparisons for companies of all sizes. 

Meeting the Needs of Global Entrepreneurs

These 3 new websites are tailored not only to the unique issues and regulations, but also to the opportunities within their respective markets: 

  • business-loan.uk: Designed specifically for the UK business landscape, it addresses the growing demand for tailored funding options, helping startups and SMEs navigate a competitive market. 
  • business-loans.com: Caters to the vast US business ecosystem. This platform matches entrepreneurs with a wide array of financing opportunities. This ensures they find the best fit for their growth ambitions. 
  • businessloan.nz: Focused on New Zealand’s entrepreneurial community. It seeks to simplify the access to funding solutions for businesses that prioritize agility and innovation. 

Streamlined Access to Business Financing

The platforms provide comprehensive loan comparison tools that let business owners evaluate multiple funding options based on several categories such as interest rates, repayment terms, eligibility requirements and lender reputation. Each site features: 

  • Personalized Recommendations: Tailored loan matches which are based on your business profile and funding needs. 
  • Educational Resources: Guides, articles and tools to help business owners make informed decisions. 
  • Secure and Efficient Application Processes: A streamlined experience that lets you save time and reduces the complexity of securing funding. 

A Vision for Empowered Business Growth

“Access to the right financial tools can be transformative for businesses,” said the CEO of Elevendigits Ltd. “By launching these platforms, we’re ensuring that entrepreneurs in the UK, USA and New Zealand can confidently navigate their financing options and grow their businesses.” 

About Elevendigits Ltd

Elevendigits Ltd is a global leader in financial technology, dedicated to creating solutions that can form a connection between businesses and the financial institutions capable of funding them. With a strong eye for transparency and accessibility, Elevendigits continues to simplify the life of entrepreneurs worldwide. 

 

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HTX Achieves 100% YoY Trading Volume Growth to $2.4 Trillion in 2024, Powers User Growth to Over 49 Million

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Embracing a New Era of Crypto Growth with Enhanced Security, Premium Listings, and Global Expansion in 2025

SINGAPORE, Jan. 15, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, today released its annual report, “Embracing Global Growth with Innovation and Trust,” detailing its significant achievements in 2024 and outlining its ambitious roadmap for the year ahead.

Read the full report here: https://square.htx.com/htx-2024-recap-2025-outlook/

2024: A Year of Explosive Growth Across Multiple Fronts

In 2024, HTX demonstrated remarkable progress across key areas, including user acquisition, trading volume, product innovation, compliance, and ecosystem development. This success was driven by cutting-edge offerings, excellent services, and a robust global strategy.

  • Key Metrics Show Accelerated Growth Through Innovative Events

HTX’s performance metrics reveal unparalleled momentum. The platform welcomed 3 million new registered users in 2024, bringing its total user base to over 49 million. Trading volume surged, reaching nearly $2.4 trillion, marking a 100% year-over-year increase with consistent monthly growth. User assets also saw significant growth, with a net capital inflow of $1 billion, bringing the total to $5 billion—a robust 80% increase compared to early 2024.

These achievements can be attributed to the success of HTX’s innovative events, such as Launchpool, Trade to Earn, Earn with Pending Orders, Borrow & Earn, SmartEarn, and the 11th Anniversary Series. These events fostered unprecedented engagement, trading volume, and rewards offered to participants.

Over the past year, community members actively participated in HTX DAO, casting over 350,000 votes. Based on the governance proposals passed by HTX DAO, HTX introduced new models such as “Multiple Staking Rewards” to enhance the value of $HTX. These models further strengthened the competitiveness of the $HTX token. Data shows that thanks to mechanisms such as Liquidity Pledge and Token Burns, the total number of users holding $HTX on the HTX exchange reached over 720,000. Moreover, the amount held by large holders increased by 268%, with the number of large holders possessing over 100,000 USDT experiencing a 110% increase.

  • Spotlight on Emerging Trends and Early Opportunities

Leveraging its market insights, HTX listed 218 high-quality assets in 2024, including WIF, BOME, ONDO, and ENA, across diverse hot sectors including DePIN, RWA, and meme coins. Notably, 171 of these assets were initially listed on HTX.

SUNDOG, the best-performing coin within the SunPump ecosystem, experienced a remarkable 37-fold growth after its listing, becoming a key driver of SunPump’s success.  Recognizing the importance of identifying and capitalizing on emerging opportunities, HTX promptly launched the Crypto Gem Hunt to help users discover and capitalize on potential wealth-generating assets.

  • Commitment to Security and Regulatory Compliance

HTX made significant strides in global compliance, including applying for Europe’s MiCA licenses and pursuing regulatory approvals in Dubai (VARA’s FMP license) and Bahrain for custody, brokerage, and exchange operations.

To ensure asset transparency, the exchange consistently delivered Proof of Reserves by Merkle Tree Verification for 12 consecutive months, maintaining over 100% reserve ratios across eight assets.

  • Towards Long-Term Development Through Ecosystem Cooperation

HTX Ventures, the global investment arm of HTX, invested in 28 leading projects in 2024, spanning diverse sectors such as BTCFi, ZK-rollups, modular infrastructure, AI, SocialFi, and more.  Furthermore, HTX fostered strategic collaborations with leading venture capital firms, including Bankless and Figment, to jointly promote the sustained growth and development of the crypto industry.

  • Promotion of Brand Image to Facilitate Global Reach

Throughout 2024, HTX consistently made a strong impression at top crypto summits worldwide, such as TOKEN2049 and Blockchain Life, hosting 19 brand events and receiving 4 industry awards. Notably, the host of Crypto Summit 2024 revealed at the opening ceremony that HTX holds an 11% market share, ranking third in the CIS region, solidifying its position as a key player in the market.

2025: Seizing Opportunities in a New Crypto Era

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HTX’s 2025 vision aligns with anticipated industry tailwinds, including potential shifts in the U.S. Federal Reserve’s interest policies and the evolving global regulatory landscape. The exchange plans to:

1. Expand premium listings.

2. Enhance product offerings and user experience through innovation.

3. Strengthen security measures and global operations models.

4. Support decentralized governance and foster global crypto prosperity.

5. Cement HTX’s influence, particularly in high-potential regions like the CIS.

2025 will be a pivotal year for HTX to seize emerging industry opportunities. As a well-established digital asset trading platform with a proven track record of industry building, and a strong user-centric focus, HTX is confident to deliver exceptional  services for its global user base and advance toward its vision of “Achieving Financial Freedom for 8 Billion People on Earth”.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

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To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact [email protected] 

Contact Details
Ruder Finn Asia
[email protected]
Company Website
https://www.htx.com

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