eToro

Valuation $20B

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 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.

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

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