The Green-Got Green Neobanque raises 5 million euros and aims at Europe

MC: We hope ! Today we have the impression of pointing the spotlight on a subject that was not at all popular before. Establishments are starting to imagine the possibility of embarking on this path but in terms of results there is always talk of old logic with fossil energy and the classic industry which are very polluting.

Our opinion and full test on Greengot

Presentation of Green-Got, the green neobanque

With a launch planned in March 2021, Green-Got is an independent, French and green neoban through investment in funds from green investments.

Green-Got’s goal is to offer its customers an alternative and 100% ecological bank account to reduce its carbon footprint. Indeed, this ecological neobank allows you to plant trees and participate in reforestation through each purchase made. You really help reduce global warming and preserve eco-system in danger.

Note that the funds deposited at Green-Got are guaranteed up to € 100,000.

You can already Pre-register in order to support this ecological banking project.

This is the reason why we offer you a Guide, Opinion & Complete Test of Greengot, the green neobank intended for all which will be led to evolve. Discover our detailed analysis of this mobile account in order to have a impartial opinion on the advantages and disadvantages before opening a bank account at Geen-Got in preview.

✅ Advantages to subscribe to the Green Got Mobile Account

• Quick account opening: less than 10 minutes
• A decarbonized bank account and French IBAN
• Notifications and monitoring of movements by the app in real time
• Payments free of charge in euros and secured by 3DSECURE
• Protected funds up to 100,000 euros
• Neobank engaged in the financing of the ecological transition and this at no cost for the customer
• Participation in reforestation through its daily expenses
• Advantages and discounts with “green” partners

❎ Disadvantages to be subscribed to the Neobanque Greengot

• No possibility of collecting checks and species
• No credit solution or overdraft to date

Bank rates and costs associated with Green-Got

As evoked, the offer is still under development so we do not have access to future prices applied by Green-Got but information we have: this is a monthly subscription and without hidden expenses.

☑️ Reviews on Greengot of Connectbanque experts

Since Green-Got’s offer is still in development, we have not yet had the possibility of establishing a full opinion on this green neoban.

However, we strongly appreciate the Green-Got’s will and approach which aims to revolutionize the banking field with an ecological approach and thus considerably reduce the banking imprint of our money.

The offer being complete with a decarbonized bank account, a bank card and app to manage its current operations, this allows the peace of mind to contribute in parallel to the planting of tree around the world. The Green-Got app provides for monitoring of the customer’s contribution in reforestation.

Green-Got is engaged in the financing of the ecological transition and the protection of eco-systems in danger and this No additional cost for the customer. Green-Got customers are thus an actor in environmental protection.

We will have the opportunity during the launch to complete our opinion and detail the entire Greengot offer with an unprecedented “green” approach with banks.

However, for the moment, Green-Got does not seem to offer savings or credit or overdraft solutions.

The Green-Got Green Neobanque raises 5 million euros and aims at Europe

The French banking platform raises 5 million euros, including 1.9 million euros in crowdfunding, to develop its offer and its impact in Europe.

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Maud Caillaux, founder of Green-Got

While most historic banking institutions still invest massively in fossil fuels, the young shoot whose credo is “changing banks to change the world” accelerates to raise French and European awareness of the impact of their money.

Regain control over emissions related to his money

Created in 2020, by Maud Caillaux, Andréa Ganovelli and Fabien Huet, Green-Got is a green and ethical banking platform whose mission is to allow each user to finance the ecological transition. It offers alternative, transparent and ecological bank accounts which, to each payment, contribute free of charge to the financing of the plastic depollution of the oceans, the reforestation or the development of renewable energies.

“Whenever someone pays with a bank card, the merchant must donate part to the bank, this is called interchange costs. For traditional detail banks, it is a big source of income. At Green-Got, we reorient these income to transition projects “, explains Maud Caillaux. The young shoot already claims more than 12.000 tonnes of CO2 stored or avoided and empowers its users by allowing them to measure and control CO2 emissions linked to their banking activities.

She reached 13.000 paid users in the ten months who followed its launch. Quick success after a longer launch: “Launch Green-Got took us 2 years. It may seem a lot for a startup, but there are important barriers at the entrance to create a banking establishment, in terms of regulation and authorizations, but also because it takes a lot of money to create a MVP , the card must be directly global and usable everywhere, otherwise it does not work “, Confides Maud Caillaux.

European ambitions for a multiplied impact

Green-Got announces today a lifting of 5 million euros, including 3 million euros from Pale Blue Dot, a capital fund specialist in ClimateTech. “At the start, we did not want investment funds, but with Pale Blue Dot, our experiences and our visions were aligned”, Comments Maud Caillaux. The rest comes from a crowdfunding campaign. “More than 10.000 customers participated in the crowdfunding campaign and the objective of 1.9 million euros was achieved in less than 80 minutes with the 1.350 fastest people. It was very important for us to associate our community with this fundraising campaign, we build Green-Got with it “, Sharing Maud Caillaux.

With this lifting, Green-Got continues its mission: activating the lever of finance to allow the ecological transition. “The road is still long to educate and awaken people on the impact of their money. But today demand is stronger than supply, our problem is to succeed in welcoming all those who wish. Many have already understood that changing your bank money was a huge lever for the transition, without making real efforts or cutting off on your comfort “, Comments Maud Caillaux.

Concretely, the young shoot plans to develop its offer of savings and investment products. She also wishes to pass the borders of France and aims at Europe starting with Belgium. “We are targeting 66 million customers in France ! But that will not be enough, we must be a European player to have the greatest possible impact. We have all the banking authorizations for that “, Sharing Maud Caillaux.

Even by expanding her horizons, the young entrepreneur is aware that her mission goes beyond the activity of her startup. “We are widely regarded by traditional banks. We already have some relationships with actors like Crédit Mutuel Arkéa and La Banque Postale, who are engaged in the transition, but less with the other French historic actors. We put the spotlight on what is wrong, but we want to stay in the dialogue. The important thing is that the big actors change. We are idealistic, but realistic, if Green-Got remains the only green bank in 10 years, that will not be enough “, concludes Maud Caillaux.

Raise funds without compromising its ecological commitments, the example of the neo-Banque Green Got

Green-Got is a neo-banker who wishes to finance the ecological and energy transition. After having raised 5 million euros with the Fintech, Maud Caillaux, co-founder of the start-up, returns to her desire to develop in the banking environment while retaining her commitments.

• Portraits
• Fintech
• Tee
• Sustainable development
• National

• 05 July 2023
• Reading time: 2-3 min

“” Our objective ? 66 million French people with a Green Got card. “If it is with a touch of irony that Maud Caillaux answers this question, the ambition of the CEO remains high. Largest launch of neo-banque last year with more than 10,000 new customers and nearly 17 million euros in deposits, the Fintech intends to continue to gain momentum in the banking sector. It is in this approach that the company raised 5 million euros on May 4, 2023. But then how to collect such sums while preserving your ideals ? Maud Caillaux explains this to you with Big Média.

“There is no question of targeting three -digit growth to the detriment of nature and the planet. »»

Big Média: The last time you answered questions from Big Média, Green Got “was just an embryo”. What about today ?

Maud Caillaux: What I wanted to say at the time was that we were at the first step. Today we offer our customers a current account and we want to develop a maximum of banking products and promote investments that will always have more impact in the financing of the ecological transition. This is why we are at the beginning of the baby.

BM: You also explained having refused financial support for large banks and investment funds. For what ?

MC: Large banks are establishments that did not correspond to our values ​​at all. We have two impact objectives with Green Got: the first concerns investments and funds in favor of the TEE. The second, just as strong, is awareness of banks, financing fossil fuels, gas emissions with greenhouse effects and the non-financing of the transition that must however be advertised. All this is explained by the fact that the main banking establishments largely finance fossil fuels such as coal and oil. It is therefore essential to awaken these large banks. We hope they will evolve but in the meantime we don’t want them to have a word to say about Green Got.

Regarding investment funds, we have not all refused them. An agreement has also been reached with one of them who wants to be positive impact and helps us as to our funding. We are on a sustainable corporate momentum which takes more time to build itself and does not wish to sacrifice the impact to obtain a maximum of return. It is essential to have positive externalities while being profitable but there is no question of aiming for three -digit growth at the expense of nature and the planet.

“For us, it was essential to select a background with a mission and business angels who share and adhere to our values. »»

BM: You raised 5 million euros last May. What is concretely to raise funds in an ecological way ?

MC: It does not exist precisely. For us, it was essential to select a background with a mission and business angels who share and adhere to our values. The concept of our fintech is to build everything in transparency with our community. This is why it was important to us that our customers keeps a share of action, up to two million euros, so that they can own them and that it is also her business. In all, we managed to raise three million euros thanks to the Capital-Risque Fund specialist in ClimateTech and two others on a crowdfunding platform with the participation of 1,300 people.

BM: You are among the first to truly take this ecological turning point in the banking sector. Do you feel like you are instilling new momentum into finance ?

MC: We hope ! Today we have the impression of pointing the spotlight on a subject that was not at all popular before. Establishments are starting to imagine the possibility of embarking on this path but in terms of results there is always talk of old logic with fossil energy and the classic industry which are very polluting.

We want to demonstrate to large banking establishments that beyond the negative impact they may have, they are companies especially very interested in figures. You have to demonstrate that it is with real demand. If tomorrow they still want customers, they must absolutely get tuning.