Ethical finance platform Goparity lands a €2 million boost to fuel international growth

credit: USACE on Flickr

A Portuguese crowdfunding site that connects investors with social and environmental impact projects has raised more than $1 million in its latest round of funding.

Goparity, which has more than 30,000 users from more than 70 countries, says it plans to use the money to expand across Europe and North America and to create new financial products, reports Gizmodo.

The company, founded by Nuno Brito Jorge in 2014, says the funding will allow it to create a more diverse and diverse investment outlook, one that is more gender-equal and youth-friendly.

Among the projects on the site that have received funding from Goparity are a village in Kenya that has built a school for at-risk girls, as well as a village in Tanzania that has built a health center for at-risk children.

"Goparity is helping drive this change with its platform, and it's now ready to supercharge growth with this new investment," says the company's CEO. Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

The Age Of Adoption: Bold Actions For A Net-zero Future

"We have arrived at a new age in climate history, and it is not a moment too soon," writes Matthew Yglesias at Vox. He's referring to what he calls the "Age of Adoption," a time he says has...more

GMA, Wavemaker 360 Enter Health-tech Partnership

There's a 10,000-mile gap between the US and the Philippines when it comes to health careand it's about to be filled by a US venture fund. GMA Ventures, a wholly-owned investment arm of the...more

Ethical finance platform Goparity lands a €2 million boost to fuel international growth

A Portuguese crowdfunding site that connects investors with social and environmental impact projects has raised more than $1 million in its latest round of funding. Goparity, which has more than...more

Philanthropy for Climate, Social Innovator Awards, and Inequality Reality Check: Davos Round-Up

The World Economic Forum held its annual meeting in Davos, Switzerland, this week, and Oxfam released a report on the state of the world's richest people. Here's what you need to know: The...more

Aspiration Becomes Foundational Investor in Compassionate Carbon to Further Innovation ...

One of the biggest carbon traders in the world is teaming up with one of the biggest tree-huggers to create what the New York Times calls "one of the biggest carbon markets in history." The...more

New Collaboration And Investment Scales Up Innovation To Improve Vaccine Delivery
Foundation: Coca-Cola Foundation

Some 23 million children missed out on vaccinations in 2020, the highest number since 2009and 3.7 million more than in 2019. That's why the Coca-Cola Foundation and Project Last Mile are teaming...more

New Investors Announced For Social Impact Investment Fund That Backs Under-Represented Groups

In the UK, entrepreneurs from underrepresented groups are often shut out of investment opportunitiesuntil now. That's about to change. Big Issue Invest, the University of Edinburgh's Social...more

Impact Investment Market Outlook For 2023 And Beyond

Environmental, social, and governance (ESG) issues have long been considered the No. 1 concern when it comes to potential investment opportunities, but a new report from the Global Impact Investment...more

The Mounting Cost Of Anti-ESG Movements

A new study finds that states boycotting certain companies over environmental, social, and governance (ESG) concerns could cost them as much as $708 million a year in extra borrowing costs. The...more

Maximising Impact Through Investment

When it comes to environmental, social, and governance (ESG) metrics, some say they're the most important factor when investing. Others, however, say they're just as important if not more...more