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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.
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BlockFi Raises $350 Million Series D Led by Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global
March 11, 2021 @ 9:22 am By JD Alois
BlockFi, a digital asset platform that is on a mission to bridge old finance and crypto, has raised a huge $350 million Series D funding round. The new money was led by big-name investors including Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global. Existing invesors also participated including Susquehanna Government Products, LLLP, Bracket Capital, Paradigm, Valar Ventures, Morgan Creek Digital, Akuna Capital, PJC, Hudson River Trading, ParaFi Capital, Jump Capital, Pacific Century Group, Gaingels, Third Prime, Kenetic, CMS Holdings, Breyer Capital, The Venture Collective and Castle Island Ventures.
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Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for February 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
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