Data from 2022 shows impressive growth in the European factoring market, with turnover reaching EUR 2.380bn, an increase of 19 per cent over 2021. It is the second year of double-digit growth after the drop in 2020. The European market is the most important globally, representing over 2/3 of the worldwide factoring market, with FCI and EUF representing over 98 per cent of all European market players.