Portuguese FinTech Goparity lands €1.2m

Goparity, an impact finance platform, has reached the target of €1.2m in an equity crowdfund, with the community still invited to become a shareholder.

The round was headed by Mustard Seed Maze. According to Gopairty, the €1.2m was the initial goal, however it has increased this amount based on demand and is accepting ‘overfunding’.

Goparity is an impact finance and investment platform that empowers people and companies to use their money for good. Its community – which numbers 24,000 users – has already funded 200 impact projects in several countries globally.

The company claims its mission is to ‘democratise sustainable finance’. By inviting customers and partners to become shareholders and have a say in the future of the business, the firm claims to lead by example.

Following the launch of its new app last month, Goparity now intends to invest in expanding across Europe and Canada and in developing the product by adding new ways to save money and invest.

To achieve this, the company plans to grow its team and is hiring for marketing, development, risk and operations.

When discussing why the funding is being raised by equity crowdfunding, Goparity CEO Nuno Brito Jorge said, “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.

“We want to bring impact finance to everyday life so everyone can, in every investment, account or transaction be sure that they’re using their money for good.”

Atato, a digital asset company, has raised $6m from a Series A funding round headed by AlphaLab Capital and FEBE Ventures.

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