Micro Lending Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Micro Lending Market Report is Segmented by Type (Banks, Microfinance Institute (MFI), and NBFC (Non-Banking Financial Institutions)), End User (Small Enterprises, Solo Entrepreneurs, and Micro Entrepreneurs), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Micro Lending Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Micro Lending Market Size

Micro Lending Market  Summary
Study Period 2020 - 2030
Market Size (2025) USD 236.18 Billion
Market Size (2030) USD 390.50 Billion
CAGR (2025 - 2030) 10.58 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Micro Lending Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Micro Lending Market with other markets in Financial Services and Investment Intelligence Industry

Insurance

Alternative Investments

Wealth Management

Fintech

Islamic Finance

Asset Management

Micro Lending Market Analysis

The Micro Lending Market size is estimated at USD 236.18 billion in 2025, and is expected to reach USD 390.50 billion by 2030, at a CAGR of 10.58% during the forecast period (2025-2030).

Microlending is growing due to the rapid adoption of digital technology. The industry is expected to benefit significantly from better connectivity in developing countries and technical progress in several countries in the Middle East & Africa. The extensive integration of sophisticated technology across developing nations, such as mobile banking, ATMs, POS systems, and others, is paving the way for future market opportunities in the industry. For example, the Government of India uses the Adhar payment bridge system to provide microloans and various other services to citizens nationwide.

The expansion of the micro-lending industry is also positively impacted by the increased ability of entrepreneurs to start new businesses with less financial support. However, the industry is expected to benefit financially from introducing advanced technologies in microfinance.

The market's growth is expected to be driven by technological innovations and various technologies, such as AI, to reduce the costs of companies associated with microloan applications. The increasing digitalization and the growing use of smartphones and electronic wallets have made it easier for borrowers to repay loans. These digital trends are expected to create new growth opportunities for the market over the next few years.

Micro Lending Industry Overview

The micro lending market is moderately fragmented. The industry is seen by many leading players as a mixed market. To expand their products, they use a variety of approaches, including specific product launches that target small and medium-sized enterprises (SMEs) and entrepreneurs. The major players dominating the market are Accion International, BlueVine Inc., Fundera Inc., Funding Circle, and Kabbage Inc.

Micro Lending Market Leaders

  1. Accion International

  2. BlueVine Inc.

  3. Fundera Inc.

  4. Funding Circle

  5. Kabbage Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Micro Lending Market  Concentration
Need More Details on Market Players and Competiters?
Download PDF

Micro Lending Market News

  • November 2023: Funding Circle and Atom Bank unveiled a lending collaboration to extend GBP 150 million (USD 180.87 million) in fresh funding to small businesses. Combined with the previous lending of GBP 350 million (USD 422.03 million) facilitated through the Funding Circle platform, this new commitment boosts Atom's total lending via Funding Circle to GBP 800 million (USD 964.65 million).
  • July 2023: Funding Circle, the biggest lending platform in the United Kingdom for small businesses, unveiled a fresh collaboration with Rainbow Energy. This partnership aimed to empower small businesses to utilize a Funding Circle loan to install top-tier solar panels and battery storage systems offered by Rainbow. Small businesses can reduce their ongoing energy expenses by transitioning to renewable energy while achieving societal net zero goals.
  • April 2023: Wise, the renowned global technology company specializing in optimizing money transfers worldwide, joined forces with Bluevine, a leading provider of comprehensive small business banking solutions. This partnership harnesses the capabilities of the Wise Platform to enhance the convenience, simplicity, and transparency of international payments for Bluevine's customers within its all-in-one digital banking account.

Micro Lending Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Interest in Socially Responsible Investment Driving Market Growth
    • 4.2.2 Advancement in Mobile Banking and Digital Platform Driving Market Growth
  • 4.3 Market Restraints
    • 4.3.1 Shutdown of Small and Medium Businesses During COVID-19 Pandemic
  • 4.4 Market Opportunities
    • 4.4.1 Increasing Number of Small Entrepreneurs
    • 4.4.2 Increasing Venture Capital Firm Investments for Micro Lending
  • 4.5 Industry Attractiveness: Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Insights on Government Initiatives in the Micro Lending Market
  • 4.7 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Banks
    • 5.1.2 Microfinance Institute (MFI)
    • 5.1.3 Non-Banking Financial Institutions (NBFC)
  • 5.2 By End User
    • 5.2.1 Small Enterprises
    • 5.2.2 Solo Entrepreneurs
    • 5.2.3 Micro Entrepreneuers
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 Middle East & Africa
    • 5.3.5 South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration Overview
  • 6.2 Company Profiles
    • 6.2.1 Accion International
    • 6.2.2 Bluevine Inc.
    • 6.2.3 Fundera Inc.
    • 6.2.4 Funding Circle
    • 6.2.5 Kabbage Inc.
    • 6.2.6 American Express
    • 6.2.7 OnDeck
    • 6.2.8 Fundbox
    • 6.2.9 LendingClub Bank
    • 6.2.10 Zopa Bank Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Micro Lending Industry Segmentation

Microlending is one of the most common types of microfinancing. It is a very small loan given to a person to help them start their own business or to help them expand their business. The micro lending market is segmented by service provider, end user, and geography. By type, the market is segmented into banks, microfinance institutes (MFI), and NBFC (non-banking financial institutions). By end user, the market is segmented into small enterprises, solo entrepreneurs, and micro-entrepreneurs, and by geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The report offers the market size in value terms in USD for all the abovementioned segments.

By Type Banks
Microfinance Institute (MFI)
Non-Banking Financial Institutions (NBFC)
By End User Small Enterprises
Solo Entrepreneurs
Micro Entrepreneuers
By Geography North America
Europe
Asia-Pacific
Middle East & Africa
South America
Need A Different Region or Segment?
Customize Now

Micro Lending Market Research FAQs

How big is the Micro Lending Market?

The Micro Lending Market size is expected to reach USD 236.18 billion in 2025 and grow at a CAGR of 10.58% to reach USD 390.50 billion by 2030.

What is the current Micro Lending Market size?

In 2025, the Micro Lending Market size is expected to reach USD 236.18 billion.

Who are the key players in Micro Lending Market?

Accion International, BlueVine Inc., Fundera Inc., Funding Circle and Kabbage Inc. are the major companies operating in the Micro Lending Market.

Which is the fastest growing region in Micro Lending Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Micro Lending Market?

In 2025, the Asia Pacific accounts for the largest market share in Micro Lending Market.

What years does this Micro Lending Market cover, and what was the market size in 2024?

In 2024, the Micro Lending Market size was estimated at USD 211.19 billion. The report covers the Micro Lending Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Micro Lending Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Micro Lending Industry Report

Statistics for the 2025 Micro Lending market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Micro Lending analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.