Canada Pension Plan Backs FinVolution Group (FINV)’s Global Push

FinVolution Group (NYSE:FINV) is among the best low-risk stocks to buy now. According to a recent disclosure with the SEC, Canada Pension Plan Investment Board acquired a new stake in FinVolution Group (NYSE:FINV) during the first quarter. The firm now owns 407,797 shares of the company’s stock, which translates to an investment of approximately $3,927,000 and an ownership of nearly 0.16%.

If there’s one company that’s stealing the spotlight on the global front, it’s definitely FinVolution Group (NYSE:FINV). The company’s international proceeds are expanding at 74% and the number of international customers is already at 96% YoY. It doesn’t end there. The fintech gem is entering Pakistan, a fifth-most populous market defined by a large unbanked youth population.

Despite some unlikely regulatory and political risks, FinVolution Group (NYSE:FINV) is growing, and we can expect it to continue this growth momentum in the years ahead. Even considering the previous statistics, the company has delivered a 5-year return that surpasses the market’s return by a compelling 395.50%. This, along with the strong market presence, speaks volumes about the company.

​FinVolution Group (NYSE:FINV) is a Chinese investment holding company focusing its operations on the online consumer finance industry. Incorporated in 2007, the company is dedicated to improving finance through advanced technology.

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Disclosure: None.