eToro

20 stories about eToro
Moran Amplefields

“Corporations and investors recognize Israel’s value as a technology and innovation powerhouse.”

15.04.24|James Spiro, Elihay Vidal
Moran Chamsi, Managing Partner and Co-founder at Amplefields Investments, joined CTech to discuss the state of the Israeli VC space in 2024.
איטורו Etoro

eToro targeting IPO at over $3.5 billion valuation after surge in activity

10.03.24|CTech
CEO Yoni Assia told the FT that the trading platform has yet to decide whether it will go public in New York or London
Wiz team

The five biggest megarounds of 2023 in Israeli tech

27.12.23|CTech
Cloud security startup Wiz’s $300 million Series D was the largest funding round by an Israeli startup in the past year, followed by Next Insurance ($265 million), eToro ($250 million), Cato Networks ($238 million), and AI21 ($208 million)
איטורו Etoro

eToro valued at $2.5 billion in massive $120 million secondary deal

31.07.23|Sophie Shulman
The buyers in the transaction are two of the largest investors from the company's previous funding round
Yoni Assia eToro

Twitter partners with Israel-founded eToro to offer stocks and crypto on the platform

13.04.23|James Spiro
It is understood that the partnership will expand Twitter’s ‘cashtags’ to cover many more asset classes and include a button that will send users directly to the eToro website
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro value plummets, raises $250 million at $3.5 billion valuation

21.03.23|Sophie Shulman
The fintech company planned to go public through a SPAC merger at a valuation of $10.3 billion, but the deal was ultimately canceled due to a protracted prospectus and regulatory process, and worsening market conditions
Ronen Assia - Team8

Definitively fintech: “Fintech is the driver for everything we can think about”

21.02.23|Yonatan Sredni
In an in-depth interview, Ronen Assia, Managing Partner at venture group Team8 and co-founder of social investing platform eToro, talks fintech, the future - and even farming

Cyprus wants in on the Startup Nation game

11.12.22|James Spiro
The Cypriot government is making efforts to turn the country into an Israeli tech partner - and invited CTech overseas to show us how
ועידת Tech TLV 2022 רונן אסיא שותף מנהל, Team8 ומייסד משותף, eToro

eToro co-founder: “We are seeing investors move from crypto to bonds and shares”

01.12.22|Raphael Kahan
“Taking the latest collapses and making assumptions regarding the entire crypto industry is wrong,” noted Ronen Assia, Co-founder of eToro and a Partner at investment fund Team8 Fintech
יוני אסיא מנכ"ל ומייסד איטורו

eToro acquires options trading platform Gatsby for $50 million

17.08.22|Meir Orbach
Gatsby is a commission-free options and stock trading app focused on a younger demographic and will help eToro diversify its offering to U.S. users
יוני אסיא מנכ"ל ומייסד איטורו על רקע המשרדים של חברת אי טורו eToro בבני ברק

eToro laying off 100 employees, officially announces termination of SPAC

05.07.22|Sophie Shulman
The trading platform is currently in advanced negotiations for a private funding round for between $800 million and $1 billion, at a $5 billion valuation
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro abandons SPAC merger, targeting $1 billion funding round instead

03.07.22|Sophie Shulman
The dramatic drop in the valuations of tech companies and increased oversight by the U.S. SEC meant the company was better off canceling the merger and remaining private
צוות קונקטו

Consumer intelligence startup Konnecto raises $21 million

28.06.22|Meir Orbach
The Israeli startup’s Path-to-Purchase Optimization Platform offers highly targeted recommendations to increase online sales
אילן פז מנהל ברקליס ישראל

The SPACs are dead, but what about the zombies stuck in the middle?

23.05.22|Sophie Shulman
Those who managed to complete the merger became public, in contrast to the "zombies", companies that are in the process of merging with a SPAC, but are unable to complete it
יוני אסיא על רקע משרדי חברת אי טורו eToro ב בני ברק

eToro targeting $1 billion funding round after SPAC stalls

23.05.22|Sophie Shulman
While it continues to work to complete the SPAC merger, eToro is also in advanced stages of completing a massive private funding round of between $800 million and $1 billion. However, the valuation of the company in the round is set to only be around $5-6 billion
רונן אסיא ו יוני אסיא מייסדי eToro

eToro's valuation dips over 15% to $8.8 billion after amended SPAC deal

02.01.22|Reuters and CTech
The deadline for the Israeli fintech company’s merger with the Betsy Cohen-backed blank-check company has been pushed to the end of June 2022 after being initially announced in March 2021
רונן אסיא ו יוני אסיא מייסדי eToro

eToro SPAC merger delayed again. Is the trading platform still worth $10 billion?

12.12.21|Sophie Shulman
The trading platform will not complete its SPAC merger by the end of the year, which means investors can withdraw their funds. Will the Israeli company have to slash its valuation?
יוני אסיא מנכ"ל ומייסד איטורו

eToro adds 3.1 million users in the first quarter of 2021

03.06.21|CTech
Israeli fintech company also doubled the number of trades executed on the platform year-on-year ahead of its upcoming SPAC merger at $9.6 billion valuation