eToro raises USD 250 million, at USD 3.5 billion valuation
Categories: Capital Markets
Israeli online trading platform eToro has completed a USD250 million financing round at a company valuation of USD3.5 billion.
eToro raised capital for the first time since 2018, after failing to go public in 2022 through a SPAC merger.
FinTech Acquisition Corp. V and eToro mutually agreed eight months ago to terminate a proposed $10.4 billion deal to take the trading platform public as the US Securities and Exchange Commission cracked down on special purpose acquisition companies.
