GoParity doubles number of investors and triples impact investments in 2021

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LISBON, Portugal, Jan. 7, 2022 /PRNewswire/ — GoParity, an impact investing fintech, ended 2021 with 10.4M€ invested in sustainability and an investment community of more than 18,000 citizens and companies.

While in 2020 nearly 2M€ were invested in the platform, in 2021 alone the investment was three times as high (6.5M€) surpassing the 10M€ milestone. The investment was secured by the more than 18,000 citizens and organizations registered, a number that has doubled comparesd to the nearly 9000 users registered at the end of 2020.

“These numbers are the result of a combination of different factors: a community of investors that increasingly trusts us in harvesting the fruits of their investments, a qualified and highly motivated team, a greater diversity of projects and geographies, as well as the entry of Mustard Seed Maze and Critical Software as new shareholders,” explains Nuno Brito Jorge, CEO at GoParity.

The 142 projects funded by GoParity avoid the emission of 22,200 tonnes of carbon dioxide every year (equivalent to the absorption capacity of 1 million trees); have already positively impacted 61,000 people directly and indirectly, and created over 4,500 jobs, numbers the company expects to increase by 2022. More projects were funded in 2021 alone than in the previous years since the launch of the platform altogether in sectors such as health, eco-fashion, electric mobility, renewable energy, sustainable aquaculture, education and more, in 10 countries across three continents. In the last week of the year, GoParity launched its first project in Kenya, which is now open for financing.

Of the 10.4M€ lent, over 2.8M€ have already been repaid to investors (with interest), against 700,000€ by the end of 2020. To date, there is no bankruptcy among the platform’s borrowers.

For 2022, the goal is to keep growing the community, enter new geographies and attract more corporate investment, for which the startup has already launched a voluntary carbon offsetting scheme and a model for offering impact investments as an incentive to employees. Next year, GoParity aims to more than double its community and the amount invested yet again, that is, to reach 38,000 users and a total investment of 24M€.

 

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