About eToro
EToro is a social trading and investment network that allows users to trade currencies, commodities, indices, crypto assets, and stocks.
Headquarters
eToro, Tel Aviv
Founded
2007-01-01
Industry
Finance, FinTech, Social Media, Trading Platform
Last Funding Type
Secondary Market
Valuation
20
Total Funding
$692.70 million dollars
IPO Status
Private
Financial
eToro is developing a system and method for facilitating social trading, which aligns with its focus on creating a network for trading currencies, commodities, indices, crypto assets, and stocks. This research aims to enhance user interaction and engagement within its trading platform, supporting its core mission of providing a comprehensive social trading experience.
Funding Rounds
18
Number of Lead Investors
7
Total Funding Amount
$692.70 million dollars
Number of Investors
32
eToro vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| eToro | $20B | $692.70M | 18 |
| Teamo | - | $2.30M | 2 |
| Klarna | $20B | $4.55B | 34 |
| FTX | $33B | $1.83B | 7 |
| BitPanda | $4B | $554.01M | 7 |
| Groupon | $12.7B | $1.39B | 8 |
| N26 | $9B | $1.72B | 12 |
| Indigo Agriculture | $4B | - | - |
| MoonPay | $31B | $650.68M | 8 |
| Circle (Financial Software) | $9B | $1.12B | 14 |
| Sila | $10B | $20.70M | 4 |
| CloudWalk | $2B | $345.06M | 6 |
| Wave (Financial Software) | $2B | $79.75M | 10 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| AvidXchange | $4.9B | $1.13B | 10 |
| Adyen | $8.3B | $266.00M | 3 |
| CoinTracker | $4B | $101.62M | 3 |
| 0x | $1B | $109.00M | 8 |
| Kik | $2B | $215.80M | 7 |
| bolttech | $2B | $543.20M | 7 |
| Acorns | $4B | $510.01M | 13 |
| NerdWallet | $4B | $105.00M | 6 |
| Bakkt | $2.1B | $857.50M | 4 |
| Jeeves | $14B | $443.00M | 6 |
| $6.4B | $1.33B | 9 | |
| TaxBit | $3B | $253.36M | 8 |
| Revolut | $99B | $1.74B | 20 |
| ZenBusiness | $2B | $276.96M | 7 |
| Pipe | $14B | $423.12M | 11 |
| Tradeshift | $8B | $1.13B | 14 |
| Wrapbook | $1B | $150.60M | 4 |
| Qualia | $2B | $160.00M | 6 |
| Payoneer | $3.3B | $570.00M | 15 |
| Figure (Financial Software) | $6B | $1.55B | 10 |
| Compass | $14B | $3.00M | 1 |
| Constant Contact | $0.4B | $423.16M | 4 |
| Hike | $1B | $261.00M | 8 |
| Meta Platforms | $104B | $25.61B | 15 |
| MX | $2B | $450.00M | 4 |
| Trumid | $5B | $458.25M | 7 |
| Cedar | $3B | $419.36M | 6 |
| MobileCoin | $6B | $107.35M | 4 |
| Marqeta | $30B | $530.11M | 16 |
| Paxos | $7B | $543.48M | 7 |
| Whatnot | $12B | $484.70M | 7 |
| Satispay | $1B | $533.14M | 11 |
| Pilot | $9B | $172.10M | 6 |
| Globality | $1B | - | - |
| Divvy | $7B | $417.50M | 5 |
| Unit | $1B | $169.60M | 5 |
| Aspiration | $13B | $250.00M | 5 |
| Titan | $12B | $73.00M | 4 |
| ByteDance | $90B | $9.51B | 13 |
| CRED | $12B | $801.49M | 8 |
| Monzo Bank | $9B | $1.84B | 22 |
| Deposit Solutions | $1B | $198.87M | 6 |
| Remitly | $6.9B | $526.74M | 15 |
| Privateer Holdings | $2B | $228.00M | 4 |
| Ramp | $41B | $1.82B | 10 |
| Gusto | $547B | $746.10M | 15 |
| Ava Labs | $11B | $290.00M | 6 |
| Dave | $4B | $646.30M | 10 |
| Avant (Online Lending Firm) | $6B | $2.08B | 13 |
| Dapper Labs | $76B | $612.51M | 7 |
| Clearco | $6B | $858.64M | 9 |
| Stripe | $559B | $9.44B | 20 |
| Happy Money | $5B | $337.15M | 8 |
| LendingClub | $5.4B | $392.23M | 15 |
| Brex | $123B | $1.46B | 12 |
| Hippo Enterprises | $5B | $1.26B | 10 |
| Kraken | $32B | $30.55M | 20 |
| Upstart | $10B | $944.05M | 9 |
| Wealthfront | $28B | $274.20M | 7 |
| CleanCapital | $2B | $1.21B | 8 |
| Roofstock | $6B | $365.25M | 11 |
| Yotpo | $1B | $436.00M | 11 |
| Nubank | $41B | $4.17B | 15 |
| Fundbox | $8B | $553.50M | 9 |
| Handshake | $4B | $700.00K | 1 |
| $18.1B | $12.87B | 15 | |
| Plaid | $40B | $734.30M | 6 |
| Mercury | $37B | $152.21M | 7 |
| Forge Global | $2B | $357.00M | 11 |
| Chainalysis | $9B | $536.62M | 13 |
| SumUp | $16B | $4.02B | 17 |
| Addepar | $11B | $531.36M | 7 |
| Coda Payments | $3B | $715.25M | 8 |
| Uala | $3B | $844.00M | 7 |
| Signifyd | $4B | $409.00M | 7 |
| Spendesk | $3B | $311.85M | 6 |
| Pilot.com | $1B | $172.10M | 6 |
| Locu | $22B | $4.60M | 2 |
| TradingView | $6B | $388.75M | 11 |
| Razorpay | $47B | $816.31M | 10 |
| Hubspot | $0.8B | $100.50M | 6 |
| Skrill | $1B | - | - |
| $12.7B | $1.49B | 26 | |
| Merama | $1B | $525.00M | 6 |
| Lendable | $19B | $1.61B | 10 |
| Glassdoor | $2B | $204.50M | 10 |
| Funding Circle | $2B | $746.45M | 10 |
| Flywire | $8B | $583.30M | 10 |
| Chipper Cash | $2B | $337.20M | 7 |
| Blockstream | $3B | $634.00M | 7 |
| Xoom. | $0.5B | $104.35M | 7 |
| smava | $2B | $188.68M | 7 |
| PayPal Holdings | $46.6B | $5.22B | 6 |
| Credit Karma | $7B | $868.00M | 8 |
| BazaarVoice | $0.7B | $130.55M | 5 |
| Tipalti | $25B | $715.00M | 10 |
| Wise (Financial Software) | $11B | $1.67B | 13 |
| Wyre | $5B | $29.15M | 9 |
| Expensify | $2.2B | $138.20M | 9 |
| Public.com | $10B | $443.50M | 10 |
Growth Trends & Market Impact
eToro may be growing as evidenced by several strategic moves and regulatory achievements. The company has received a license for its global investment platform in the UAE, which marks a significant step in its global expansion efforts. Additionally, eToro has added new altcoins to its platform, indicating an expansion of its product offerings in response to the digital assets bull market. Furthermore, the company has launched a new investment portfolio focused on extreme weather events, showcasing its ability to innovate and cater to niche investment interests. These developments suggest that eToro is actively broadening its operational reach and diversifying its services.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 31.07.2023 | $120.00 million dollars | |
| №2 | 21.03.2023 | $250.00 million dollars | |
| №3 | 16.03.2021 | $250.00 million dollars | |
| №4 | 21.02.2021 | $50.00 million dollars | |
| №5 | 10.02.2021 | $50.00 million dollars | |
| №6 | 08.12.2020 | $50.00 million dollars | |
| №7 | 01.05.2019 | $50.00 million dollars | |
| №8 | 26.04.2018 | $50.00 million dollars |
China Minsheng Financial Holdings |
| №9 | 21.03.2018 | $100.00 million dollars |
China Minsheng Financial Holdings |
| №10 | 21.04.2015 | $12.00 million dollars |
CommerzVentures |