#Portugal #Lisbon #Impact Investing #Goparity #Bolsa Social

Goparity Expands Its Reach with Bolsa Social Acquisition

In a major development in the realm of impact investing, Goparity, a Lisbon-based platform, has completed the acquisition of Bolsa Social, Spain's first ever licensed impact crowdfunding platform, authorized by the CNMV (Comisión Nacional del Mercado de Valores). This pivotal move is set to consolidate Goparity's position as a leader in social impact investments across the Iberian Peninsula, effectively accelerating its European expansion and enhancing its offerings in equity crowdfunding.

Founded in 2017, Goparity aims to democratize access to sustainable finance by connecting businesses with individuals interested in investing in projects that yield positive social and environmental impacts. The platform has already launched over 420 crowdfunding campaigns, raising over 55 million euros for socially impactful projects across three continents. With Bolsa Social joining the fold, Goparity is poised to evolve into a more comprehensive investment platform with global impact.

The Strategic Importance of Bolsa Social

Bolsa Social, established in 2014, has successfully mobilized approximately 15 million euros for over 50 Spanish businesses through sustainable loans and crowdfunding mechanisms. With a community of more than 13,000 users, it provides Goparity access to a vibrant network of investors. The integration of Bolsa Social not only diversifies Goparity’s financial services but also represents a significant leap towards bolstering the community of socially responsible investors, which now exceeds 72,000 individuals combined.

Nuno Brito Jorge, CEO and co-founder of Goparity, remarked on the significance of this acquisition: "This marks a historic moment for Goparity and the field of social impact investing in Europe. By introducing equity crowdfunding, we aim to become the financial partner for social enterprises and entrepreneurs throughout their entire lifecycle. This encompasses various funding stages, from securing new shareholders to exploring appropriate debt financing, based on their needs."

Similarly, José Moncada Durruti, founder and CEO of Bolsa Social, expressed enthusiasm about the merger, stating, "This rapprochement allows Bolsa Social investors to access new social investment opportunities both within and outside of Spain. We are thrilled to have initiated this step, as the Bolsa Social community will benefit greatly from Goparity's reach and expertise."

Accelerating Growth and Opportunities

Bolsa Social has operationalized impactful crowdfunding like never before, establishing itself as a pioneering entity in Spain. The ongoing collaboration between Goparity and Bolsa Social has revealed significant synergies and alignment between their investor communities, validating the strategic nature of this acquisition. As Goparity leans into this strengthened partnership, new opportunities for equity investments through Bolsa Social are set to be introduced promptly.

Both platforms have been collaborating closely within the European social impact ecosystem for several years, and the acquisition is seen as a natural progression of this relationship.

Goparity’s Sustainable Financial Mission

Since its inception, Goparity has successfully financed more than 420 projects aligned with the United Nations’ Sustainable Development Goals, positively impacting over 100,000 individuals, creating over 4,000 jobs, and helping to prevent more than 30,000 tons of CO₂ emissions annually. The acquisition of Bolsa Social is an integral part of Goparity’s mission to broaden its financial reach while maximizing social and environmental benefits.

In conclusion, the acquisition of Bolsa Social marks a significant milestone not only for Goparity but also for the future of impact investing in Europe. With both entities working together, the vision of a more sustainable, impactful investment landscape is closer than ever.

For more information on Goparity and its initiatives, visit Goparity's website.