Goparity Buys Spain’s Bolsa Social to Cement Iberian Impact Investing Lead
Portuguese impact investment platform Goparity has acquired Spain’s Bolsa Social in a deal that strengthens its leadership across the Iberian Peninsula and significantly broadens its product offering, adding equity crowdfunding to its previously debt-focused model.
The acquisition brings together two long-standing players in Europe’s impact finance ecosystem and accelerates Goparity’s expansion beyond Portugal, as it viewks to position itself as a pan-European reference for sustainable and socially driven investment.
Bolsa Social was Spain’s first impact crowdfunding platform authorised by the country’s securities regulator, the CNMV, and the deal marks a notable moment for the convergence of debt and equity-based impact investing under a single platform.
Strategic Deal Expands Goparity’s Footprint and Product Range
The acquisition transforms Goparity from a lending-only into a more comprehensive impact investment marketplace, capable of supporting companies through diverse stages of growth.
Founded in Lisbon, Goparity has already launched more than 420 lending-based crowdfunding campaigns, raising over €55 million for impact projects across Europe, Africa and North America. With the addition of Bolsa Social, the group now incorporates equity investment, initially continuing to offer share-based opportunities through the Spanish platform.
Nuno Brito Jorge, CEO and co-founder of Goparity, described the move as a defining moment for the company and the wider sector. “This acquisition marks a historic moment for Goparity and for impact investing in Europe,” he said. “With the introduction of equity crowdfunding, we aim to and entrepreneurs throughout their entire life cycle, from moments when they are looking for new shareholders to phases where debt financing makes sense, depending on their needs.”
By adding equity crowdfunding to its platform, Goparity is positioning itself as a full-spectrum impact finance partner rather than a single-product lender.
Bolsa Social Brings Scale, Regulation and a Proven Equity Model
Bolsa Social was founded in 2014 and became the first Spanish platform authorised by the CNMV to provide participatory financing for impact-driven companies. Since launch, it has built a community of more than 13,000 users and mobilised around €15 million for over 50 Spanish businesses through equity crowdfunding and sustainable loans.
Its integration gives Goparity immediate scale in Spain, a strategic market for the group, while also adding regulatory credibility and experience in equity-based structures. The combined investor community now exceeds 72,000 people, consolidating Goparity’s status as one of Europe’s largest sustainable investment platforms.
José Moncada Durruti, founder and CEO of Bolsa Social, said the deal would open new opportunities for investors on both sides of the border. “Thanks to this union, Bolsa Social investors will be able to access new impact , both within and beyond Spain,” he said. “We are very pleased to take this step, as the Bolsa Social and companies will benefit from Goparity’s reach and professional strength.”
Bolsa Social’s CNMV-authorised equity model gives Goparity immediate credibility and depth in Spain’s impact investing market.
From Collaboration to Consolidation in Europe’s Impact Ecosystem
The deal follows several years of collaboration between Goparity and Bolsa Social within the European impact investing ecosystem. Over the past year, closer cooperation highlighted strong operational synergies and alignment between their investor bases, making the acquisition a natural next step.
For Goparity, the transaction accelerates its European ambitions at a time when sustainable finance is becoming more mainstream, but still fragmented across platforms, products and jurisdictions. By combining debt and equity crowdfunding, the group aims to support impact-driven companies across their full development cycle, rather than forcing them to switch platforms as their financing needs evolve.
With offices in Portugal, Spain and Canada, Goparity now operates on a broader international footing, while remaining focused on projects aligned with the United Nations . Since its founding in 2017, the platform’s users have financed projects that have supported more than 100,000 people, created over 4,000 jobs and assisted avoid more than 30,000 tonnes of CO₂ emissions annually.
The acquisition reflects a wider trend toward consolidation in impact investing as platforms viewk scale, regulatory depth and diversified funding models.
The Goparity–Bolsa Social transaction underlines how Europe’s impact investing sector is maturing, moving beyond niche platforms toward integrated, cross-border players. As sustainable finance continues to attract both retail and institutional interest, platforms that can offer multiple instruments, regulatory certainty and international reach may be best placed to shape the next phase of growth.
