eToro Partners Review . eToro is an Israeli multinational social trading and multi-asset investment company that focuses on providing financial and copy trading services. Its headquarters is located in Central Israel, the company has registered offices in Cyprus, the United Kingdom, the United States, and Australia. In January 2022, the company’s value was $8.8 billion.
About The Company:
eToro was founded as RetailFX in 2007 in Tel Aviv, by brothers Yoni Assia and Ronen Assia together with David Ring.
In 2010, the firm released the eToro OpenBook social investment platform, along with its CopyTrader feature, that enables investors to copy the network’s top traders automatically.[12] Later that year, the firm released an Android app.
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Between 2007 and 2013, the company raised $31.5 million in four rounds of funding. In December 2014, it raised $27 million from Russian and Chinese investors. In December 2017, it joined CoinDash to develop Blockchain-based social trading. In 2018, it raised a further $100 million in a private funding round. Overall, more than $162 million has been invested in the company by investment firms.
In 2013, the firm introduced the capability to invest in stocks and CFDs, with an initial offering of 110 stock products. The same year, it was authorized to offer services in the UK, under the subsidiary eToro UK. In January 2014, the firm added cryptocurrencies to its investment instruments.
In April 2014, the firm added 130 British and German stocks composing the FTSE 100 Index and the DAX30 indices to the company’s stock selection. In 2017, it launched a CopyPortfolio feature, enabling investors to copy investment portfolios from the best-performing traders.
In 2018, eToro launched a cryptocurrency wallet for Android and iOS. In May 2018, it entered the US market by offering 10 cryptocurrencies: In November 2018, it announced the launch of GoodDollar, a non-profit, open-source community project aimed to reduce global wealth inequality through universal basic income (UBI) using DeFi technology on blockchain. In September 2021, eToro raised its stake in GoodDollar’s protocol from $58,000 to $1 million.
In March 2019, eToro acquired Danish blockchain company Firmo for an undisclosed sum. In October 2019, eToro released a sentiment-based crypto portfolio using AI technology to evaluate Twitter‘s current positive or negative impressions of digital assets. In November 2019, the firm acquired Delta, a crypto portfolio tracker application company, based in Belgium. In March 2019, the company launched its cryptocurrency trading platform and its standalone cryptocurrency wallet to US users.
In 2021, the company reported operating in 140 countries and having 20 million users. In March 2021, it announced that it is planning to become a publicly traded company through a reverse subsidiary merger with FinTech Acquisition Corp V (NASDAQ:FTCV), a Special Purpose Acquisition Company (SPAC) backed by former Bancorp CEO Betsy Z. Cohen.[42] The combined company will operate as eToro Group Ltd and have an implied estimated enterprise value of $10.4 billion at closing with $650 million in funding coming from private investment in public equity (PIPE) from Softbank Vision Fund 2, Third Point, Fidelity Management, Wellington Management, ION Investment Group and Research Co.
In 2020, the company acquired Marq Millions, the UK division of e-money, which was then renamed to eToro Money. The company also obtained a primary membership of Visa and an electronic money institution (EMI) license from the Financial Conduct Authority. In December 2021, the company launched the eToro Money debit card for UK residents that includes issuing a VISA debit card to users.
In December 2021, eToro amended its agreement with FinTech Acquisition Corp. V to extend the merger agreement’s termination date to June 30, 2022. Its SPAC valuation has been reduced from $10.4 billion to $8.8 billion due to market shifts and SPAC issues.
In February 2022, eToro released its first Super Bowl ad during Super Bowl LVI, also nicknamed as “Crypto Bowl”. Called “Flying your way”, the 30-seconds commercial featured a consumer seeking cryptocurrency advice and crypto enthusiasts falling from the sky to offer him guidance and assistance, asking “to the moon?” The advertisement also featured a Shiba Inu dog addressing meme coin Shiba Inu (SHIB)[54] and Bored Ape.[55][56]
As of March 2022, eToro had 27 million users and 2.4 million financed accounts
About The eToro Partners Review:
25% revenue share or CPA up to $200.
They offer a variety of commission plans (including DCPA and others). Contact them to discuss a tailor made deal.
Earn commissions for every customer that you refer
Second Tier Referral Program
Receive support from their marketing experts in your native language
An unlimited earning potential
It’s free to join eToro Partners
Link Tracker and Customizable Link Builder
Full Transparency Reporting
https://www.etoropartners.com/
https://en.wikipedia.org/wiki/EToro
https://www.trustpilot.com/review/www.etoro.com