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Israeli trading platform eToro plans US IPO this year
Israeli-founded retail trading platform eToro has filed confidential paperwork with the United States Securities and Exchange Commission (SEC) for a possible initial public offering (IPO) anticipated in the second quarter of 2025.
Reports from the Financial Times suggest the IPO could value the company at over US$5 billion.
This filing follows eToro’s earlier attempt to go public via a US$10.4 billion merger with a special purpose acquisition company (SPAC), which was discontinued in 2022 due to a downturn in the SPAC market.
Recent eToro developments
| Timeline |
|---|
08-Dec-2024 📈 Trading platform eToro plans US IPO
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27-Sep-2024 📈 eToro acquires Australian investing app for $55m
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08-Mar-2023 🚀 Why fintech needs to embrace gender equity
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23-Oct-2019 📈 Asia head of eToro on social trading and Southeast Asia plans
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20-Jul-2018 💰 These 10 Israeli companies raised the most money in 2018 so far
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| 06-Jul-2018 🤝 Why Israel is becoming a prime destination for Chinese investment |
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