eToro has raised a $250M funding round to make stock investing easier for retail investors.
The company is now valued at $3.5B.
- eToro is a social trading platform that enables users to invest in stocks, cryptocurrencies, ETFs, etc.
- The company claims it has over 30 million registered users.
- This round was led by ON Group, SoftBank Vision Fund 2, and Velvet Sea Ventures.
- Since its inception in 2007, the company has raised over $570M.
- The company had $265M in revenue in 2021.
- eToro is based in Tel Aviv and has offices in the U.K., U.S., and Australia.
