Tag: eToro

February 01, 2023 BY Steffy Bogdanova

eToro and Bridgeweave team up to launch an AI portfolio targeting high-growth US companies

Among the firms included in the first portfolio are Array Technologies, Monster Beverage Corp., McDonald’s and Johnson&Johnson. However, eToro noted that the portfolio is not available to its US users. Bruce Keith, CEO at Bridgeweave said: Wealth management is being disrupted by changing demand from next-gen digital investors who will transform an underprepared industry. Partnering…

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November 21, 2022 BY Steffy Bogdanova

eToro’s SPAC partner to return $250 million to investors

FinTech Acquisition Corp. V was set up by well-known financier Betsy Cohen. The SPAC company and eToro announced their proposed merger in March 2021. The estimated implied equity value of the merger was initially at $10.4 billion, but was later taken down to $8.8 billion. The merger was terminated as the Israeli retail broker and…

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November 15, 2022 BY Steffy Bogdanova

eToro teams up with Broadridge to enable proxy voting

The data further revealed that younger investors are significantly more likely to want to have a say than older investors. In particular, 80% of participants in the survey between the age of 18 and 34 said they wanted to vote at AGMs if given the chance and 50% of investors around the age of 55.…

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September 28, 2022 BY Steffy Bogdanova

eToro and OpenPayd roll out embedded finance proposition in Europe

Furthermore, OpenPayd’s API-based solution enables eToro to significantly speed up payment processing times and remove the possibility of human error. Kreeson Thathiah, Director of Payments at eToro, said: This partnership is an example of embedded finance in action; it’s a significant evolution in how we build innovative financial services. Working with OpenPayd – who’s platform…

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September 21, 2022 BY Steffy Bogdanova

eToro secures in-principle approval in Abu Dhabi Global Market

Jason Hughes, Senior Executive Officer, UAE at eToro said: This is an important milestone for eToro. The UAE has one of the most vibrant fintech landscapes in the Middle East, and Abu Dhabi one of the most sophisticated regulatory frameworks for digital assets. We’re incredibly proud to be joining this ecosystem. We look forward to…

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August 18, 2022 BY Steffy Bogdanova

eToro announces acquisition of options trading platform Gatsby

Integration of Gatsby Founded in 2018 by Co-CEOs and Co-founders Jeff Myers and Ryan Belanger-Saleh, the commission-free options and stock trading app Gatsby is focused on the younger generation of investors. According to the official announcement, Gatsby’s team will become part of eToro including Davis Gaynes (President and Co-founder), Peter Quinn (Chief Operating Officer and…

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