Published 1 year ago

eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

Summary by Ground News

eToro has secured $250 million in funding at a $3.5 billion valuation. The money is not a typical equity round: it comes by way of an Advanced Investment Agreement (AIA) The company had secured the AIA in early 2021 as a kind of backstop from current backers.

0 Articles

All

Left

Center

Right

TechCrunch

eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

Israel-based eToro, which was set to go public at a $10.4B valuation, says it had 2.8 million funded accounts at the end of 2022.

1 year ago·United States

Read Full Article

Techmeme

Tel Aviv-based eToro raised $250M at a $3.5B valuation via a 2021 Advanced Investment Agreement, after calling off its SPAC plans in 2022 due to slowing growth

The essential tech news of the moment. Technology's news site of record. Not for dummies.

1 year ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.

Coverage Details

Total News Sources0

Leaning Left0Leaning Right0Center1Last Updated1 year agoBias Distribution

100% Center

Bias Distribution

100% of the sources are Center

100% Center

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

0 Articles

0 Articles

eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

Tel Aviv-based eToro raised $250M at a $3.5B valuation via a 2021 Advanced Investment Agreement, after calling off its SPAC plans in 2022 due to slowing growth

Tel Aviv-based eToro raised $250M at a $3.5B valuation via a 2021 Advanced Investment Agreement, after calling off its SPAC plans in 2022 due to slowing growth

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics