Lisbon, Portugal, January 7, 2022 / PRNewswire / – GoParity, an impact investing fintech, ended 2021 with € 10.4 million invested in sustainable development and an investor community of over 18,000 citizens and businesses.
While in 2020 nearly 2M € were invested in the platform, in 2021 alone, the investment was three times higher (6.5M €) exceeding the 10M € mark. The investment was secured by more than 18,000 registered citizens and organizations, a number that has doubled from the nearly 9,000 registered users at the end of 2020.
“These figures are the result of a combination of different factors: a community of investors who trust us more and more to reap 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 of GoParity.
The 142 projects funded by GoParity prevent the emission of 22,200 tonnes of carbon dioxide each year (equivalent to the absorption capacity of 1 million trees); have already had a direct and indirect positive impact on 61,000 people and created more than 4,500 jobs, figures the company expects to increase by 2022. More projects were funded in 2021 alone than the years previous years since the launch of the platform in sectors such as health, eco-fashion, electric mobility, renewable energies, sustainable aquaculture, education and more, in 10 countries on three continents. In the last week of the year, GoParity launched its first project in Kenya, which is now open for funding.
Of the 10.4M € loaned, more than 2.8M € have already been reimbursed to investors (with interest), against 700,000 € at the end of 2020. To date, there is no bankruptcy among the borrowers of the platform.
For 2022, the goal is to continue to grow the community, enter new geographies and attract more business investments, for which the startup has already launched a voluntary carbon program. compensation scheme and a model for delivering impact investing as a employee incentive. Next year, GoParity aims to more than double its community and the amount invested once again, reaching 38,000 users and a total investment of 24M €.