The funds will be used to further develop the platform and to expand into Europe and Canada.
Goparity is seeking funding from private investors to support its growth. The initial goal was to reach €1.2 million in equity, but the Portuguese fintech increased this amount based on demand, as it was achieved in an hour. The funds will be used to further develop the platform and to expand into Europe and Canada.
“We’re fully convinced that a purpose and collaboration-driven company like us will do much better if it is partly owned by the community it serves,” says Nuno Brito Jorge, CEO of Goparity on why part of the funding is being raised by equity crowdfunding, in a statement.
The startup founded in 2017 intended to raise at least €1.2 million in a round led by European impact investment fund Mustard Seed Maze (MSM) – which has already been a shareholder in the company since the last round in 2021 – and featuring private investors, who can join the company’s shareholder structure through an equity crowdfunding campaign on Crowdcube.
Goparity is an investment platform that promotes sustainable projects, facilitating access to new ethical opportunities.
So far, €1.4 million has been raised. The money will be used to further develop the platform and to expand to Europe and Canada. Any individual or company can buy shares from 11€.