Goparity Secures €2.9M to Revolutionize Ethical Investing with Sustainable Finance Platform

Goparity Secures €2.9M to Revolutionize Ethical Investing with Sustainable Finance Platform

In the rapidly evolving landscape of sustainable finance, the Portuguese platform Goparity is making significant strides. Recently, Goparity announced that it has successfully raised €2.9 million in funding to enhance its international growth and commitment to ethical investing. This latest funding round is set to propel Goparity’s mission of fostering impactful investments across multiple regions.

Funding Details and Investor Support

The funding was spearheaded by 3XP Global through its Impact Innovation Fund, with additional contributions from notable investors including Mustard Seed Maze, Schneider Electric, and InvestEco Capital Corp. Over 800 private investors from Goparity’s community also participated in the equity crowdfunding campaign on Crowdcube, raising €470,000.

Goparity’s Mission and Achievements

  • Goparity operates a crowdlending platform focused on financing sustainable projects.
  • The company has facilitated loans exceeding €45 million to impactful ventures in nearly 20 countries.
  • In 2024, Goparity reported a record revenue of €1 million for the first time.

Plans for Expansion

With the newly secured capital, Goparity aims to solidify its position as a leading platform in ethical finance. Key focus areas include:

  • Expanding its investor community in Europe and Canada.
  • Strengthening operations in South America, with existing projects in Colombia, Ecuador, and Brazil.
  • Targeting further outreach in the Southern Hemisphere.

CEO’s Vision for the Future

According to Goparity’s CEO and co-founder, Nuno Brito Jorge, the successful completion of this funding round in a challenging global context validates their mission. He stated, “In 2024, we had our best year ever and it is likely we will surpass the milestone of €50 million invested in the first half of 2025.”

READ ALSO  Revolutionizing Regulatory Oversight: How Central Banks are Leveraging RegTech and SupTech Innovations

The Importance of Impact Investing

Jorge emphasized the critical nature of investing in impactful projects, particularly in light of recent developments where major banks withdrew from the UN’s Net Zero Banking Alliance. He urged stakeholders to continue directing funds where they can foster positive change for both people and the planet.

Investor Insights

Rita Branco, impact partner at 3XP Global, expressed her enthusiasm for supporting Goparity, noting that investing in the platform reinforces the notion that sustainable finance can be both accessible and scalable. She remarked, “We are excited to support an incredible team that is transforming the way we finance the future.”

For more information on ethical investing and sustainable finance, visit Investopedia’s guide on ethical investing.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *