WE DO GOOD - Risk and return review
WE DO GOOD - Returns and loss rates
WE DO GOOD – Pros & Cons
About WE DO GOOD
What it is
WE DO GOOD is a French platform, based in Nantes, for revenue-based financing of small companies with a social or environmental aim. Instead of interest or shares, investors receive a share of the company's future sales (royalties). It has financed projects since 2013 and reports more than €14 million raised for more than 270 projects and more than 15,000 investors (as of August 2025). It was the first investment platform to be certified B Corp, in 2019.
How it works
You choose projects yourself and invest from €100, as an individual or through a company. The average ticket was €815 for individuals and €4,484 for companies (August 2025). Each project page sets the share of sales paid out and the period; payments are usually quarterly and spread over three to five years. A campaign goes ahead only if it reaches its minimum target.
Returns
No return figure of any kind is published at platform level. The platform speaks of potential returns above those of classic savings products, without a number. Each project shows its own revenue share and target, but no average, realised or after-loss return is published. Some public investor reviews describe royalties well below the forecasts; these are individual accounts, not platform figures.
Losses and defaults
No current default or loss figure is published. The only figure dates from March 2018: of 32 companies financed, 3 had defaulted, or 9.4% (calculated from the platform's own figures), while 25 were paying royalties each quarter and 4 had not yet started. Nothing newer has been published since. Public investor reviews mention projects that went into liquidation; the platform publishes no count of them.
What secures your money
Nothing secures your money. You sign a revenue-sharing contract: the company pays you a fixed percentage of its sales every quarter for a set period, usually three to five years. There is no mortgage, pledge, guarantee or buyback. If sales are weak, you receive less; if the company closes, you may get back little or nothing. The platform reduces risk only by selecting projects (an impact committee and a financial review) and by the minimum funding target of each campaign; money raised is held by the payment provider Lemonway until a campaign closes. No recovery figures are published.
Who runs it and its licence
The platform is run by WE DO GOOD SAS (Nantes, company number 797 519 105). It is registered with ORIAS under 17002712 as a crowdfunding intermediary (IFP) and with the ACPR as a payment agent of Lemonway (REGAFI 73473). It does not appear in the European register of licensed crowdfunding service providers (checked October 2026), and it does not claim an AMF crowdfunding licence. Licence not confirmed: whether its revenue-sharing contracts need such a licence is not stated, and investors do not have the protections of the European crowdfunding rules.
Fees
Investors pay no commission on their subscriptions, according to the terms. Companies pay a setup fee (on quote), a success commission of 5% to 8% of the amount raised, and a 5% commission taken on the royalties paid to investors for follow-up during repayment, all before VAT. The price list does not say whether this 5% reduces what investors receive; ask before investing.
Getting your money out
There is no secondary market. Your money comes back only through the quarterly royalties over the contract period, and the platform warns that capital can stay tied up for several years.
Our view
Return: not rated, because no return figure is published. Risk: High (higher means more risk): the contracts are unsecured, the only default figure is from 2018 (3 of 32 companies), which on its own would give Medium; we set it one step higher, at High: nothing newer is published, investor reviews report liquidations and royalties below forecast, and the licence is not confirmed. Risk-return: not rated, because there is no return figure to weigh against the risk.
Regulation
License / Regulation: Licence not confirmed — WE DO GOOD SAS (company number 797 519 105) is registered with ORIAS under 17002712 as a crowdfunding intermediary (IFP) and with the ACPR as a payment agent of Lemonway (REGAFI 73473). It is not in the European register of crowdfunding service providers (October 2026) and does not claim an AMF crowdfunding licence. No deposit guarantee or investor compensation scheme covers the contracts.
Functionality
For Investors
For Fund Seekers
Useful Information
Not confirmed. It is registered with ORIAS as a crowdfunding intermediary (17002712) and with the ACPR as a payment agent of Lemonway, but it is not in the European register of licensed crowdfunding service providers (October 2026) and does not claim an AMF crowdfunding licence.
Lemonway, a licensed payment institution, handles the payments; WE DO GOOD is its registered agent. Once a campaign closes, the money goes to the company you finance.
€100 per project. The average ticket was €815 for individuals and €4,484 for companies (August 2025).
No platform-wide return is published. The only default figure is from March 2018, when 3 of 32 financed companies had defaulted. Some investor reviews describe royalties below forecast and projects in liquidation.
Nothing. You receive a share of the company's sales; there is no security, guarantee or buyback. If sales fall or the company closes, you may get back little or nothing.
No. There is no secondary market. Your money comes back only through royalties, usually over three to five years.
The terms say investors pay no commission on subscriptions. Companies pay a 5% to 8% success commission and a 5% commission on the royalties paid to investors; ask whether the latter reduces your payments.
The company commits to pay investors a fixed percentage of its sales every quarter for a set period. The more it sells, the more you receive; there is no fixed interest rate.
If a company fails, royalties stop and you are an unsecured creditor. Payments run through Lemonway, which keeps funds apart during fundraising. No compensation scheme covers the contracts.
