MICROFINANCE News - Blockchain.News

CLAUDE

Global Microfinance Market Projected to Reach $506 Billion by 2030
claude

Global Microfinance Market Projected to Reach $506 Billion by 2030

The global microfinance market, valued at $200 billion in 2022, is expected to grow to $506 billion by 2030, according to a new report by ResearchAndMarkets.com. The market is set to expand at a CAGR of 12.3% from 2022 to 2030. Microenterprises are identified as a vital growth driver for Microfinance Institutions (MFIs). The report also highlights the role of emerging technologies like AI and blockchain in shaping the industry.

Trending topics