Dylan Holman, global sponsorship senior manager at eToro commented: We are delighted to add eToro Racing to our global sponsorship programme. As a leading investment platform with over 20m registered users worldwide, we believe sponsorships are a powerful tool for delivering financial education and opening up the global markets to everyone. We are excited to…
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Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex. This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…
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With more than 20 million registered users globally, eToro allows people to choose what to invest in and how to invest to trade themselves, copy another investor or invest in a portfolio. Rugby Australia Chief Executive Officer, Andy Marinos, said: We're incredibly excited to extend our relationship with eToro following the hugely successful eToro Tri-Nations…
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Arthur Hayes, the former CEO of cryptocurrency exchange platform BitMEX, has surrendered himself in Hawaii to the US authorities and appeared in court on Tuesday. Hayes faces charges suggesting that he did not take necessary action in preventing his innovative start-up from becoming a platform for money laundering crimes. Hayes’ surrender comes six months after…
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Ber brings over 25 years of experience in the banking and finance industry. From 2015 to 2020 she served as Israel’s Supervisor of Banks where she actively promoted digital transformation and the implementation of innovation and technological changes in the banking and payment sectors. She has held several senior roles at Bank Leumi, the last…
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The United States Attorney’s Office for the Easter District of New York announced this week that Instagram influencer “Jay Mazini”, whose real name is Jegara Igbara, has been charged with wire fraud. The charges were related to a Bitcoin scheme where the social media influencer is alleged to have persuaded his followers to send him…
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Shalom Berkovitz, eToro UK Managing Director and eToro Group CFO and Deputy CEO commented: Dan joins us at a pivotal time. eToro is experiencing strong growth adding over 5 million new registered users in 2020 and a further 1.2 million in January 2021 alone. Today, we have over 20 million registered users globally and we…
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White label technology provider and consulting firm, Qinox Tech, has just announced that the company upgraded its global currency rates data service through a service agreement with OANDA, an FCA-regulated international broker and data provider. According to the partnership agreement, Qinox Tech will provide currency solutions from OANDA. White-label brokers and other service buyers using Qinox Tech’s…
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The announcement stated that existing eToro equity holders will retaining 91% ownership following the merger with FinTech V. The board of the directors of both companies have unanimously approved the merger, however it is still pending stockholder approvals. The deal is expected to close in the third quarter of 2021. Betsy Cohen, Chairman of the…
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Founded in 2007, eToro has become one of the major trading platforms in Europe, seen as a rival of Robinhood. The Israeli platform has 20 million registered users in dozens of countries. Fintech Acquisition Corp V is part of Special-purpose acquisition companies (SPACs), also known as black "blank check companies", led by well-known business person…
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