FCI figures show global factoring hits €4tn as receivables finance keeps growing

Global factoring volumes reached €4.039tn in 2025, reinforcing the scale of receivables finance as a core working capital tool rather than a niche product.

The figures, presented by FCI Vice Chairman Çağatay Baydar at RFIx26 in Berlin, show global factoring volumes rising 3.7% year on year, with Europe remaining the largest regional market. Europe accounted for €2.658tn of total volume, while Asia-Pacific reached €995bn and North America grew strongly to €160bn.

The data also shows how factoring continues to support real-economy trade. FCI’s presentation states that global factoring represented around 3.6% of estimated world GDP in 2025, underlining the product’s role in helping businesses access liquidity, manage cashflow and support open-account trade.

Product mix remains broad. Non-recourse factoring accounted for 48% of activity, invoice discounting 27%, reverse factoring 13% and recourse factoring 12%. The figures point to a market that is becoming more diversified as demand for receivables-backed liquidity grows across sectors and regions.

The data comes as RFIx26 brings together banks, fintechs, insurers and working capital specialists to examine the next phase of receivables finance, including digitisation, AI, fraud risk and private capital.