eToro targeting $3.5 billion+ valuation in London or New York IPO
Yoni Assia: Client trading volumes at eToro are rising to “levels of activity that we haven’t seen since 2021.”
Yoni Assia: Client trading volumes at eToro are rising to “levels of activity that we haven’t seen since 2021.”
eToro has purchased a company called Deep, which focuses on content automation.
eToro tried and failed to go public in 2021-2022 in a SPAC merger what would have valued the company at $10 billion.
Online broker eToro has recently completed a $250 million funding round at a valuation of $3.5 billion.
Yoni Assia says that, in the current market environment, it is in the best interests of eToro to terminate the merger agreement.
FinTech Acquisition Corp. V and eToro have mutually agreed to terminate their previously announced agreement and plan of merger.
An unnamed US institutional investor acquired a $50 million block of eToro shares from a selling shareholder.
Team8 Fintech said it will be part of creating both B2B and B2B2C companies that empower industry players with new technologies.