21000
investors
Goparity is a Portuguese impact-lending platform run from Lisbon by Power Parity, S.A., founded in 2017. You lend to small companies, cooperatives and non-profits whose projects are linked to sustainability goals: renewable energy, farming and food, social and green economy. Borrowers are in Portugal and Spain and in emerging markets such as Peru, Colombia and Kenya. By October 2026 it had lent €60.2 million across 465 projects. Since 2026 it also offers shares in Spanish impact companies through its subsidiary Bolsa Social.
You lend from €20 per project (€5 with auto-invest). Each loan has a fixed interest rate and is repaid in instalments, usually over about three years (37 months on average, October 2026). The platform grades each borrower from A+ (lowest risk) to C- (highest risk). Rates on open projects ran from 6.25% to 9.35% in August 2026.
Loans repaid in full earned an average of 5.4% a year, according to the platform's 2025 impact report (150 completed loans). That figure leaves out loans that defaulted, so it is the best case, not the return on a whole portfolio; no return after defaults is published. The average interest rate on all loans is 6.6% a year (October 2026), up from 5.2% in 2021. Borrowers have paid investors €5.0 million of interest and €33.4 million of principal so far.
Defaults have risen sharply. In the platform's own report under the EU crowdfunding rules (30 April 2026), 53 of the 228 loans that were not in default at the start of 2025 defaulted during the year: 23.25%. The yearly rate was 1.64% in 2021, 5.60% in 2022, 14.95% in 2023 and 7.96% in 2024, an average of 10.68% over five years. A loan counts as defaulted when it is more than 90 days late or unlikely to be repaid in full. These are counts of loans, not amounts of money. Most 2025 defaults (50 of 53) came from the B- and C+ grades. The platform publishes no figure for money actually lost or recovered, and its results page still shows 7.56% for 2024 and no 2025 figure.
Security varies by loan and is often light. The platform lends on the borrower's ability to repay from its cash flow, not on collateral; many loans are unsecured or backed only by personal or company guarantees, and some have pledges or mortgages. There is no buyback, reserve fund or insurance at platform level. When a borrower falls behind, the platform chases payment and can go to court; legal costs come out of what is recovered before investors are paid. No recovery figures are published. In plain words: if a borrower fails, you may get back little, and you cannot see how much others got back.
Power Parity, S.A. (Lisbon, tax number 514373822) is authorised by the Portuguese regulator CMVM as a crowdfunding service provider under the EU crowdfunding rules since 25 January 2024. Share offers are run by its subsidiary Bolsa Social, S.L. (Madrid), authorised by the Spanish regulator CNMV. Investors' money is held in wallets at Mangopay S.A., an electronic money institution supervised in Luxembourg and registered with the Bank of Portugal. Investments are not covered by a deposit guarantee or investor compensation scheme. Public complaints from November 2025 to August 2026 describe blocked accounts and withdrawals, and the public review score is 2.9 out of 5 (56 reviews).
Opening an account, paying in, investing and SEPA withdrawals are free. Selling a loan to another investor costs 1% of the capital still outstanding. The platform's pricing list (April 2026) also has smaller charges, such as for non-SEPA withdrawals and an annual fee on inactive accounts. Borrowers pay the platform's main fees.
You can sell a loan to another investor on the platform's marketplace, at its face value, for a 1% fee; €2.9 million has been traded so far (October 2026). Only loans whose borrower is paying on time and has had no default proceedings in the last six months can be sold, so late loans cannot be sold. Otherwise money comes back through the instalments.
Return: Very Low — loans repaid in full earned 5.4% a year, and that leaves out the loans that defaulted. Risk: Very High (higher means more risk) — the five-year default rate is 10.68%, it rose to 23.25% in 2025, no recoveries are published, and investors have complained of blocked accounts. Risk-return: Very Low — a low return for a very high level of risk.
License / Regulation: Power Parity, S.A. (Goparity, Portugal, tax number 514373822) is authorised by the Portuguese regulator CMVM as a crowdfunding service provider under Regulation (EU) 2020/1503 since 25 January 2024. Equity offers are provided by its subsidiary Bolsa Social, S.L. (Madrid), authorised by the Spanish CNMV under the same regulation. Investments are not covered by deposit guarantee or investor compensation schemes.
Yes. Power Parity, S.A. is authorised by the Portuguese regulator CMVM under the EU crowdfunding rules since 25 January 2024. Its share offers run through Bolsa Social, S.L., authorised by the Spanish CNMV.
Mangopay S.A., a Luxembourg electronic money institution registered with the Bank of Portugal, holds your money in a segregated wallet; you contract with Mangopay directly. No deposit guarantee covers it.
€20 per project, or €5 per project with auto-invest.
Loans repaid in full earned 5.4% a year on average; that leaves out defaulted loans. 23.25% of loans defaulted in 2025 (53 of 228), and the five-year average default rate is 10.68%. No figure for money lost or recovered is published.
Often little. Loans are granted on the borrower's cash flow; many are unsecured or backed only by personal or company guarantees, and some have pledges or mortgages. There is no buyback, reserve fund or insurance, and no recovery figures are published.
You can sell a loan to another investor at face value for a 1% fee, but only if the borrower is paying on time and has had no default proceedings in six months. €2.9 million had been traded by October 2026.
Opening an account, paying in, investing and SEPA withdrawals are free. Selling a loan costs 1% of the capital outstanding, and the pricing list has smaller charges such as for non-SEPA withdrawals and inactive accounts.
If a borrower fails, the platform chases payment, through the courts if needed, and legal costs come out of recoveries first. If Goparity fails, its published continuity plan says how loans would still be managed and paid; your wallet money is held at Mangopay, not by Goparity.
The platform's report shows 50 of the 53 defaults in 2025 came from loans graded B- and C+, the riskier grades. It does not say how much money was lost on them.
