eToro plans to go public with $5 Billion IPO
eToro | News

eToro plans to go public with $5 Billion IPO

The Israeli company, which has developed a platform to manage investments, is targeting an IPO in the second quarter of 2021 after doubling its revenue to $500 million and gaining five million new customers in 2020. eToro, a social trading and multi-asset brokerage company, is on its way to an initial public offering on Nasdaq…

eToro is planning to launch its own debit card next year
eToro

eToro is planning to launch its own debit card next year

The UK-based social trading platform is quietly planning to roll out a debit card in Q2 next year, according to images and emails seen by Business Insider. Users would be able to spend their eToro earnings via the card and set up recurring payments. The service will likely initially launch in the UK. eToro’s other…