Page 10 - Etoro Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Etoro group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Etoro Group Today - Breaking & Trending Today

eToro, The World's Leading Social Investment Network, To Become Publicly Traded Through Business Combination With FinTech Acquisition Corp. V


Date
Company expected to have an estimated implied equity value of approximately $10.4 billion
Global multi-asset investment platform capitalizing on secular trends: rise of digital wealth platforms, growing retail participation, and mainstream crypto adoption  
In 2020, eToro added over 5 million new registered users and generated gross revenues of $605 million
Added over 1.2 million new registered users and executed more than 75 million trades in January 2021 alone
Transaction includes commitments for a $650 million common share private placement from leading investors including ION Investment Group, Softbank Vision Fund 2, Third Point LLC, Fidelity Management & Research Company LLC, and Wellington Management.
Investor call scheduled for March 16, 2021 at 8:00 AM Eastern ....

Third Point , New South Wales , New Zealand General , New Zealand , United States , Fintechv Citi , Betsy Cohen , Yoni Assia , Fidelity Management Research Company , Fintech Acquisition Corp , Softbank Vision Fund , Lewis Bockius , Gornitzky Co , Cantor Fitzgerald Co , Investment Group , Davis Polk Wardwell , Meagher Flom , Etoro Group Ltd , Exchange Commission , Goldman Sachs Co , United States Toll International , Fidelity Management , Research Company , Etoro Group , Fintech Acquisition , Chief Executive Officer ,

eToro seeks $10.4bn Nasdaq listing after agreeing SPAC merger


Digital trading platform eToro has revealed its desire to become a publicly-traded company following a merger that values the company at an estimated $10.4billion.
The Israeli-based brokerage firm said it has entered a deal to combine with the special purpose acquisition company (SPAC) Fintech V, which was set up by prominent SPAC investor and Jefferson Bank founder Betsy Cohen.
It hopes to be listed on the technology-focused Nasdaq stock exchange when the transaction is finalised and the new company will operate as eToro Group. 
EToro said it has entered a deal with the special purpose acquisition company Fintech V, which was set up by prominent SPAC investor and Jefferson Bank founder Betsy Cohen ....

New Zealand General , New Zealand , United States , Gary Cohn , Bill Ackman , Chamath Palihapitiya , Betsy Cohen , Yoni Assia , Softbank Vision Fund , Playtika Holding Corp , Etoro Group , Fidelity Management Research , Jefferson Bank , Wellington Management , Fidelity Management , President Donald Trump Gary Cohn , Pershing Square Capital , Executive Yoni Assia , Fintech Masala , Wall Street , Mo Ney , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , ஒன்றுபட்டது மாநிலங்களில் , கேரி கோன் , ர சி து அக்கமன் ,

eToro Goes the SPAC Route


eToro Goes the SPAC Route
Posted on 03/16/2021
eToro Group Ltd. is a Bnei Brak, Israel-based no-fee trading app. eToro raised US$ 150 million in venture capital funding from investors like Spark Capital, China Minsheng Financial, SBI Holdings, Bracket Capital, Korea Investment Partners, DCG, Ping An Insurance, Anthemis Group, and CommerzVentures. eToro had US$ 605 million in revenue for 2020 and 18.7 million registered users. In 2013, Bitcoin was introduced in eToro. In 2016, eToro had 5.6 million registered users. eToro was founded in 2007 by Yoni Assia and Ronen Assia. In 2019, eToro launched zero commission stock trades. Upon closing of the transaction, the combined company will operate as eToro Group Ltd. and is expected to be listed on NASDAQ. ....

New Zealand General , New Zealand , South Korea , Lewis Bockius , Ronen Assia , Yoni Assia , Bnei Brak , Wellington Management Company , Investment Group , Anthemis Group , Third Point , Fidelity Management Research Company , Meagher Flom , Etoro Group Ltd , Fintech Acquisition Corp , Softbank Group Corporation Vision Fund , Goldman Sachs Co , Toro Goes , Etoro Group , Spark Capital , China Minsheng Financial , Bracket Capital , Korea Investment Partners , Ping An Insurance , Fintech Acquisition , Softbank Group Corporation ,