Having previously raised €1.9 million through crowdfunding in 2023 (alongside a €3 million venture round led by Pale Blue Dot), followed by €5.2 million from nearly 3,500 retail investors in 2024, sustainable banking startup Green-Got once again turned to its community for funding.
This time, the company raised €8 million through the crowdfunding platform Crowdcube from 5,286 investors.
The campaign was completed in just 52 minutes, setting a new record for the platform.
The fundraising comes only a few months after Green-Got obtained its full payment institution license from the ACPR (Autorité de Contrôle Prudentiel et de Résolution), France’s banking and insurance supervisory authority.
The authorization now allows the sustainable finance fintech to offer payment services directly—including bank transfers, card payments, and direct debits—without relying on a third-party provider.
“More Than €3 Billion in Transactions Processed” Since 2024
The new capital will primarily be used to finance the development of Green-Got’s proprietary banking and payment infrastructure, as well as the launch of new products designed to complement its existing banking accounts and savings offerings, including life insurance and retirement savings plans.
Founded in 2020 by Maud Caillaux, Andréa Ganovelli, and Fabien Huet, the company is also targeting profitability within the next 18 to 24 months.
That objective will be driven by the expansion of its product portfolio, continued growth in active members, and steadily improving margins.
Since its previous fundraising round in 2024, Green-Got reports:
- More than €3 billion in transactions processed through its accounts;
- Nearly €200 million collected across banking and savings products;
- Monthly revenue increasing threefold;
- Transaction volumes growing by a factor of 2.8;
- Assets under management doubling.
The company has also been operating in Belgium since July 2023, marking the first step in its broader European expansion strategy.
A Business Banking Offering on the Horizon
“The renewed support from our community through this equity raise gives us the resources to invest in the technological infrastructure that will support our growth, gradually strengthen our independence, and expand our product offering,” says Maud Caillaux, co-founder of Green-Got.
Among the features currently under development are a redesigned mobile application, instant bank transfers, virtual cards, and automated savings and investment tools.
The company also plans to introduce interest-bearing accounts and, eventually, a dedicated offering for business customers.
As Green-Got continues to position itself as a sustainable alternative to traditional banking institutions, the company is betting that greater technological autonomy and a broader range of financial products will help accelerate its path toward becoming a fully-fledged European neobank focused on environmental impact.
