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Online brokerage eToro to go public via SPAC

Online brokerage eToro to go public via SPAC
With pressures on Robinhood, eToro’s large user base and scale places the U.K.-based challenger front and center to disrupt the U.S. market.
March 17, 2021
3
MINS
Commission-free trading and social networking app eToro announced plans Tuesday to go public via a merger with a blank-check firm set to value the combined company at about $10.4 billion.
EToro is slated to merge with special purpose acquisition company FinTech Acquisition Corp. V, which is led by Betsy Cohen, one of the prominent businesswomen who have joined the SPAC frenzy.
“As a pioneer in the evolution of SPACs, Fintech Masala, our sponsor platform, seeks out companies with outsized growth, effective controls and excellent management teams,” said Cohen, chairman of the board of directors of FinTech V, in a statement. “EToro meets all three of these criteria.” ....

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SPAC merger will take eToro public with a valuation of $10.4B

SPAC merger will take eToro public with a valuation of $10.4B
siliconangle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconangle.com Daily Mail and Mail on Sunday newspapers.

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Why SPAC Stock FinTech Acquisition Corp. V Skyrocketed Today

Why SPAC Stock FinTech Acquisition Corp. V Skyrocketed Today
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

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FinTech Acquisition Corp. V (FTCV) To Merge With Digital Brokerage eToro – Stock Shoots Up By 15%!

FinTech Acquisition Corp. V (FTCV) To Merge With Digital Brokerage eToro – Stock Shoots Up By 15%!
Mar 16, 2021 08:59 EDT
Social trading and multi-asset brokerage firm eToro has announced its decision to merge with a special purpose acquisition company (SPAC) FinTech Acquisition Corp. V (FTCV). The deal envisions the new entity to have a market value of $10.5 billion and a $650 investment from private investors. Shares of FTCV have jumped by as much as 16% in pre-market today, making the announcement a rare instance of retail investor interest in non-EV SPACs.
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eToro Cites 18.7 Million Registered Investors, $1 Billion In Revenue By Year-End To Woo Investors ....

Fintech Acquisition Corp , Etoro Group , Fintech Acquisition , Toro Cites , Registered Investors , Revenue By Year End To Woo , Toro Group Limited , ஃபிண்டெக் கையகப்படுத்தல் கார்ப் , டோரோ குழு , ஃபிண்டெக் கையகப்படுத்தல் , டோரோ மேற்கோள்கள் , பதிவுசெய்யப்பட்டது முதலீட்டாளர்கள் , வருவாய் வழங்கியவர் ஆண்டு முடிவு க்கு வூ , டோரோ குழு வரையறுக்கப்பட்டவை ,

Global investment platform eToro to go public

Self-proclaimed creator of 'social investing' to list on Nasdaq after $10.4bn merger ....

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