France
Lumo France, founded in 2012, is a pioneer in the Financial Services industry, specifically in Lending and Investments with a sustainability focus. Operating out of France, the company presents a compelling proposition for environmentally conscious investing, aligning with its slogan: "Plateforme de financement participatif | Faites de votre épargne une ressource utile à la transition écologique | BCorp."
The platform allows both individuals and companies to direct their savings into projects driving the ecological and social transition, boasting the trust of 32,000 investors and facilitating €230 million in investments. These funds have supported the development of 263 renewable energy installations, contributing 276 GWh of low-carbon electricity annually, a significant offset of 105,380 tonnes of CO2 each year.
As the first French start-up certified as a B-Corp, Lumo demonstrates strong commitments to societal and environmental rigor, governance standards, and transparency. Despite its lack of recent external investment, Lumo's track record suggests potential for future venture interest as green finance continues to gain traction.
