GoParity operates an investment platform that connects companies looking to finance their sustainable projects with individuals and entities who want to invest sustainably. It democratizes access to sustainable finance by connecting individuals and companies who want to invest in projects. The company was founded in 2017 and is based in Lisbon, Portugal.
GoParity's Products & Differentiators
loan for company assets (i.e. PV solar pannels, equipment, etc.)
Expert Collections containing GoParity
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
GoParity is included in 3 Expert Collections, including Wealth Tech.
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Excludes US-based companies
A collection of fintech companies that have an explicitly defined environmental focus at the core of their business.
Latest GoParity News
Oct 30, 2023
Spain-based peer-to-peer lending platform Goparity has updated its debt recovery processes following a rise in the number of loans in arrears. The platform has spent the past quarter focusing on developing new internal procedures and preventive measures to help identify loans which might be at risk of going in to default. The platform has also hired a new part time member of the team to monitor loan performance. Goparity’s founder and chief executive Nuno Brito Jorge said that the first positive results are already starting to show, 13 loans in arrears regularised and three loan restructurings successfully concluded within the past three months. “As you know, things don’t always go according to plan,” said Jorge in a blog post to investors. “Despite our rigorous risk analysis and risk mitigation procedures, starting last year, we’ve had some projects enter in arrears. “Since then, debt recovery has taken a big part of our time. As you might understand, negotiations, restructurings and judicial processes have their own rhythm.” Jorge added that July was Goparity’s best month ever, with €1.25m (£1.09m) invested through the platform. To date, the platform has funded 315 projects, with €28.7m lent and almost €1.5m paid back in interest. The platform launched in Canada in June, and has now successfully funded its first project in the country dedicated to providing reliable and affordable renewable energy to indigenous communities. More Canadian and Spanish loans are set to be listed on the platform in the coming months to meet investor demand, Jorge said.
GoParity Frequently Asked Questions (FAQ)
When was GoParity founded?
GoParity was founded in 2017.
Where is GoParity's headquarters?
GoParity's headquarters is located at PraçaDuque deTerceira24, Lisboa.
What is GoParity's latest funding round?
GoParity's latest funding round is Seed VC - II.
How much did GoParity raise?
GoParity raised a total of $4.5M.
Who are the investors of GoParity?
Investors of GoParity include MSM, Schneider Electric, Crowdcube, Critical Software and Google for Startups Campus.
Who are GoParity's competitors?
Competitors of GoParity include LA BOLSA SOCIAL and 5 more.
What products does GoParity offer?
GoParity's products include Equipment Loan and 1 more.
Who are GoParity's customers?
Customers of GoParity include Oceano Fresco, Entogreen, Working Capital Associates, Offcoustic and MAI Kombucha.
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