FinVolution secures credit from HSBC to boost financial inclusion

By Vriti Gothi

FinVolution Group’s Philippines business has secured a multi-million-peso (PHP) credit facility from HSBC to expand access to formal financial services for underserved yet creditworthy Filipinos. The new funding line is aimed at supporting responsible lending to individuals who often face barriers to traditional credit due to limited or thin-file histories.

The facility is structured to enhance financial inclusion by enabling FinVolution to extend timely and sustainable credit solutions using its technology-driven assessment tools. Despite strong demand for small-ticket and short-term financing in the Philippines, many consumers remain outside the reach of banks. Partnerships between technology platforms and traditional financial institutions are increasingly seen as a way to bridge this gap, allowing lenders to safely engage new borrower segments through digital risk assessment models.

FinVolution Group which operates in China, Indonesia, the Philippines, and Pakistan, has built a global network connecting 36 million borrowers with 134 financial institution partners as of Q2 2025. The company’s model focuses on using advanced credit technology to help banks extend services beyond conventional boundaries, leveraging alternative data, automated decisioning and digital onboarding to evaluate creditworthiness more efficiently.

“This facility is an important step in our ongoing collaboration with institutional partners to expand responsible credit access in growth markets,” said Tiezheng Li, CEO of FinVolution Group. “It also reinforces our commitment to promoting responsible and inclusive financial services for underserved populations.”

For the Philippine market, the transaction underscores the growing role of Fintech platforms in supporting national financial inclusion priorities. Traditional banks continue to face operational and risk-assessment constraints when serving first-time borrowers, gig-economy workers and others without established credit histories. By partnering with FinTechs such as FinVolution, banks can diversify portfolios while contributing to broader economic participation.

The credit facility also highlights a wider regional trend: strengthening collaboration between global banks and digital lending platforms. As financial institutions look to scale responsibly in emerging markets, such partnerships offer a pathway to reach new customer groups with lower acquisition costs and stronger risk controls. The arrangement between HSBC and FinVolution therefore signals how cross-sector cooperation can drive more inclusive, technology-enabled credit ecosystems in Southeast Asia.