- Global factoring turnover exceeded €4 trillion in 2025, rising 3.7% year-on-year to €4,039 billion after a period of consolidation in 2024.
- The Americas drove growth, with regional volumes up 20%.
- Europe remained dominant despite modest 2.2% growth, while Asia-Pacific held second place and emerging markets in Africa and the Middle East showed gradual expansion.
The global factoring industry surpassed €4 trillion in annual turnover in 2025, according to data published today, 5 May, by FCI, the Amsterdam-based body overseeing the global receivables finance network.
Total worldwide factoring turnover reached €4,039 billion in 2025, up from €3,895 billion the previous year – a rise of 3.7% – following a year of consolidation in 2024.
“What stands out most in the 2025 data is the diversity of momentum across regions,” Betül Kurtuluş, Deputy Secretary General of FCI, told Trade Finance Global (TFG).
In the Americas, factoring volume grew 20% from 2024 levels, making it the strongest regional performer:
- The US grew by 35.5%
- Canada by 20%
- Brazil by 22.2%
- Peru by 13.1%
- Mexico by 6.1%
The sub-region has been lifted to approximately €165 billion, an increase of 8.2%.
While Europe retained its position as the world’s largest factoring market, with turnover of approximately €2,658 billion – accounting for 65.8% of global volume – growth of 2.2% was comparatively modest, especially given the strides in developing markets.
Reassuringly, factoring volumes in Europe have exceeded pre-pandemic peaks, powered in part by digital registries, e-invoicing mandates, and penetration among small and medium-sized enterprises (SMEs).
Asia-Pacific remained the second-largest regional market, reaching approximately €995 billion – 24.6% of global turnover – and growing by 3.2%. China, the largest individual factoring market in the world, recorded turnover of €713 billion, an increase of 5%.
“Europe continues to show the strength and maturity of established factoring markets, while the Americas delivered particularly strong growth, and Asia-Pacific maintained its important role as a driver of global volume,” summarised Kurtuluş. “At the same time, markets in Africa and parts of the Middle East continue to highlight the longer-term opportunity for receivables finance where access to traditional funding remains more constrained.”
In Africa, South Africa remains the continent’s dominant market, and Egypt expanded to a value of €2.4 billion. The Middle East recorded turnover of around €8.8 billion, up 8.7%, though FCI notes that data collection challenges persist across parts of the Middle East.
The positive growth figures around the world demonstrate a robust landscape for factoring solutions as the year unfolds. “For me, this reinforces an important point: narrowing the SME trade finance gap will require much closer collaboration across the ecosystem,” Kurtuluş told TFG.
“Financial institutions, industry bodies, development banks, regulators and technology providers all have a role to play in building the legal frameworks, market confidence, operational capacity and digital connectivity needed to make receivables finance more accessible,” she said. “If we want more SMEs to participate in trade and growth, the industry must continue to work together to make these solutions easier to understand, easier to implement and trust.”
