Breaking: eToro Raises $100 Million in Its Eighth Funding Round
Posted: Tue Mar 20, 2018 3:26 pm
eToro, the global social trading and investment platform, announced today that it managed to raised $100 million in a venture round. The funds raised will be used for various blockchain ventures, further development of the company social trading platform as well as an expansion to new markets.
The funding round was led by China Minsheng Financial and was participated in by SBI Group, Korea Investment Partners, World Wide Invest and other investors. Rothschild also assisted the move and acted as the exclusive financial adviser.
The total amount of funds raised by the social trading provider in eight funding rounds is $162 million. According to ... (read more)