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 IO...