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Table of Contents
Introduction
eToro is a social trading and multi-asset brokerage company that was founded in 2007. It is headquartered in Tel Aviv, Israel, and has offices in Cyprus, the United Kingdom, the United States, and Australia. The company is owned by eToro Group Ltd., which is a privately held company.
The History of eToro Ownership
eToro is a social trading and multi-asset brokerage company that was founded in 2007. It has since grown to become one of the most popular online trading platforms in the world, with over 20 million registered users in more than 100 countries. The company has undergone several changes in ownership over the years, and this article will explore the history of eToro ownership.
eToro was founded by brothers Yoni and Ronen Assia, along with their friend David Ring. The company was initially funded by a group of private investors, including venture capital firms BRM Group and Cubit Investments. In 2010, eToro raised $8.3 million in a funding round led by Spark Capital, which brought the company’s total funding to $16.9 million.
In 2012, eToro announced that it had raised $15 million in a funding round led by Russian billionaire Yuri Milner’s investment firm, DST Global. This funding round valued eToro at $200 million and helped the company expand its operations globally. At the time, eToro had over 2.75 million registered users and was processing over 1 million trades per month.
In 2014, eToro announced that it had raised $27 million in a funding round led by Chinese venture capital firm Ping An Ventures. This funding round valued eToro at $800 million and helped the company expand its operations in Asia. At the time, eToro had over 4.5 million registered users and was processing over 2 million trades per month.
In 2018, eToro announced that it had raised $100 million in a funding round led by Chinese venture capital firm Fidelity International. This funding round valued eToro at $800 million and helped the company expand its operations in the United States. At the time, eToro had over 10 million registered users and was processing over 4 million trades per month.
In 2019, eToro announced that it had acquired Danish blockchain company Firmo for an undisclosed amount. The acquisition was part of eToro’s strategy to expand its operations in the blockchain and cryptocurrency space. At the time, eToro had over 12 million registered users and was processing over 5 million trades per month.
As of 2021, eToro is owned by a group of investors that includes venture capital firms Spark Capital, Ping An Ventures, and Fidelity International, as well as private equity firm Vitruvian Partners. The company is also backed by several high-profile individuals, including Chinese billionaire Guo Guangchang and Israeli billionaire Teddy Sagi.
In conclusion, eToro has undergone several changes in ownership over the years, with the company being funded by a group of private investors in its early days before raising significant amounts of capital from venture capital firms and private equity firms. Today, eToro is owned by a group of investors that includes some of the biggest names in the investment world, and the company continues to expand its operations globally.
Current eToro Ownership Structure
eToro is a social trading and multi-asset brokerage company that has been making waves in the financial industry since its inception in 2007. The platform has gained popularity among traders and investors due to its user-friendly interface, innovative features, and social trading capabilities. However, as with any successful company, there is always a question of ownership. Who owns eToro?
Current eToro Ownership Structure
eToro was founded by brothers Yoni and Ronen Assia, and their friend David Ring in 2007. The company is headquartered in Tel Aviv, Israel, and has offices in the UK, Cyprus, and Australia. As of 2021, eToro has over 20 million registered users and is valued at $10 billion.
In 2010, eToro raised $8.3 million in funding from Spark Capital, Social Leverage, and BRM Group. In 2012, the company raised an additional $15 million in funding from Spark Capital, Social Leverage, and Cubit Investments. In 2014, eToro raised $27 million in funding from Ping An Ventures, SBI Holdings, and BRM Group.
In 2018, eToro raised $100 million in funding from China Minsheng Financial, SBI Group, and Korea Investment Partners. This funding round valued the company at $800 million. In 2019, eToro raised an additional $50 million in funding from China Minsheng Financial, SBI Group, and Korea Investment Partners. This funding round valued the company at $2.5 billion.
In March 2021, eToro announced that it would be going public through a merger with FinTech Acquisition Corp V, a special purpose acquisition company (SPAC). The merger is expected to close in the third quarter of 2021 and will value eToro at $10.4 billion. The merger will also provide eToro with $650 million in gross proceeds, which will be used to fund growth initiatives and potential acquisitions.
As of 2021, the largest shareholders in eToro are the company’s founders, Yoni and Ronen Assia, who own approximately 10% of the company each. Other major shareholders include Spark Capital, which owns approximately 13% of the company, and Ping An Ventures, which owns approximately 5% of the company.
Conclusion
In conclusion, eToro is a privately held company that has gone through several rounds of funding since its inception in 2007. The company’s founders, Yoni and Ronen Assia, remain the largest shareholders in the company, with approximately 10% ownership each. Other major shareholders include Spark Capital and Ping An Ventures. However, with the upcoming merger with FinTech Acquisition Corp V, eToro will become a publicly traded company, and its ownership structure will change. Nonetheless, eToro’s success and popularity among traders and investors are a testament to the company’s innovative approach to trading and investing.
eToro’s Founders and Their Role in Ownership
eToro is a social trading and multi-asset brokerage company that has been making waves in the financial industry since its inception in 2007. The platform has gained popularity among traders and investors due to its user-friendly interface, innovative features, and social trading capabilities. However, one question that often arises is who owns eToro?
eToro was founded by three entrepreneurs, Yoni Assia, Ronen Assia, and David Ring. Yoni Assia is the CEO of eToro and has been the driving force behind the company’s success. Ronen Assia is the Chief Product Officer, responsible for the development and implementation of eToro’s products and services. David Ring is the Chief Operating Officer, overseeing the day-to-day operations of the company.
The three founders of eToro still play an active role in the company’s ownership. Yoni Assia is the largest shareholder, owning approximately 10% of the company. Ronen Assia and David Ring also hold significant stakes in the company, with Ronen owning around 5% and David owning approximately 3%.
In addition to the founders, eToro has received funding from various investors over the years. In 2018, eToro raised $100 million in a funding round led by China Minsheng Financial, with participation from SBI Group, Korea Investment Partners, and others. This funding round valued eToro at $800 million.
Despite the involvement of outside investors, the founders of eToro have maintained control of the company. In an interview with Finance Magnates, Yoni Assia stated that the founders have a “significant majority” of the voting rights in the company. This means that they have the final say in major decisions regarding the company’s direction and strategy.
The founders’ commitment to eToro’s success is evident in their continued involvement in the company’s operations. Yoni Assia is a frequent speaker at industry events and has been recognized for his contributions to the fintech industry. Ronen Assia and David Ring also play important roles in the company’s growth and development.
eToro’s ownership structure has been a topic of interest for many investors and traders. The company’s success has led to speculation about a potential IPO in the future. However, the founders have not yet announced any plans to take the company public.
In conclusion, eToro’s founders, Yoni Assia, Ronen Assia, and David Ring, still play an active role in the company’s ownership. They have maintained control of the company despite receiving funding from outside investors. The founders’ commitment to eToro’s success is evident in their continued involvement in the company’s operations. While there has been speculation about a potential IPO, the founders have not yet announced any plans to take the company public. As eToro continues to grow and innovate, its ownership structure will undoubtedly remain a topic of interest for investors and traders alike.
Investors and Shareholders of eToro
eToro is a social trading and multi-asset brokerage company that has been making waves in the financial industry since its inception in 2007. The company has grown rapidly over the years, attracting millions of users from around the world who use its platform to trade stocks, cryptocurrencies, commodities, and other assets. As eToro continues to expand its reach and influence, many investors and shareholders are curious about who owns the company and how it is structured.
eToro is a privately held company, which means that it is not publicly traded on any stock exchange. This means that the company’s ownership structure is not readily available to the public, and information about its shareholders is limited. However, some information about eToro’s ownership can be gleaned from public records and statements made by the company’s executives.
According to reports, eToro is owned by a group of investors that includes venture capital firms, private equity firms, and high net worth individuals. The company has raised over $200 million in funding from these investors, which has helped fuel its growth and expansion. Some of the most prominent investors in eToro include CommerzVentures, Spark Capital, and China Minsheng Financial.
In addition to these institutional investors, eToro’s ownership also includes its founders and executives. The company was founded by brothers Yoni and Ronen Assia, along with David Ring. Yoni Assia currently serves as eToro’s CEO, while Ronen Assia is the company’s Chief Product Officer. David Ring is no longer involved with the company.
While eToro’s ownership structure may be opaque to the public, the company has been transparent about its plans for the future. In a recent interview, Yoni Assia stated that eToro is planning to go public in the near future, which would provide more information about the company’s ownership and financials. Assia also stated that eToro is committed to maintaining its user-centric approach and providing innovative products and services to its customers.
For investors and shareholders who are interested in eToro, there are a few key things to keep in mind. First, eToro is a privately held company, which means that its ownership structure is not publicly available. Second, the company is owned by a group of institutional investors, as well as its founders and executives. Finally, eToro is planning to go public in the near future, which could provide more information about its ownership and financials.
Overall, eToro is a dynamic and innovative company that has attracted a lot of attention from investors and traders around the world. While its ownership structure may be opaque at the moment, the company’s commitment to transparency and innovation bodes well for its future success. As eToro continues to grow and expand, it will be interesting to see how its ownership structure evolves and how it continues to disrupt the financial industry.
Potential Future Changes in eToro Ownership
eToro is a social trading and multi-asset brokerage company that has been in operation since 2007. The company has grown significantly over the years, and its user base has expanded to over 20 million registered users. eToro has become a popular platform for trading cryptocurrencies, stocks, and other assets. The company has also been at the forefront of innovation in the fintech industry, introducing features such as copy trading and social trading.
eToro is currently owned by a group of investors, including founder and CEO Yoni Assia, who holds a significant stake in the company. However, there have been rumors of potential changes in eToro’s ownership structure in the future. In this article, we will explore some of the possible scenarios that could lead to changes in eToro’s ownership.
One potential scenario is that eToro could go public through an initial public offering (IPO). An IPO is a process by which a private company offers its shares to the public for the first time. This would allow eToro to raise capital from public investors and potentially increase its valuation. Going public would also provide liquidity for existing shareholders, allowing them to sell their shares on the open market.
Another possible scenario is that eToro could be acquired by a larger company. There have been rumors that eToro has been in talks with potential buyers, including investment banks and private equity firms. An acquisition could provide eToro with additional resources and expertise to expand its business further. However, it could also result in changes to eToro’s culture and management structure.
A third scenario is that eToro could remain privately owned, with its current shareholders retaining their stakes in the company. This would allow eToro to continue operating independently and pursuing its growth strategy without external pressures from public investors or a parent company.
Regardless of which scenario plays out, any changes in eToro’s ownership structure could have significant implications for the company and its users. For example, if eToro goes public, it would be subject to increased regulatory scrutiny and reporting requirements. This could result in changes to eToro’s business practices and user experience.
Similarly, if eToro is acquired by a larger company, there could be changes to the platform’s features and pricing structure. The new owner may have different priorities and strategies than eToro’s current management team, which could result in changes to the company’s direction.
On the other hand, if eToro remains privately owned, it could continue to operate as it has been, with its current management team and culture intact. This would provide continuity for eToro’s users and employees, but it could also limit the company’s ability to raise capital and pursue new opportunities.
In conclusion, eToro’s ownership structure is currently in flux, and there are several potential scenarios that could play out in the future. Whether eToro goes public, is acquired by a larger company, or remains privately owned, any changes in ownership could have significant implications for the company and its users. As eToro continues to grow and innovate, it will be interesting to see how its ownership structure evolves and how it impacts the company’s future success.
Q&A
1. Who owns eToro?
eToro is owned by eToro Group Ltd.
2. When was eToro founded?
eToro was founded in 2007.
3. Where is eToro headquartered?
eToro is headquartered in Tel Aviv, Israel.
4. Who are the founders of eToro?
eToro was founded by Yoni Assia, Ronen Assia, and David Ring.
5. Is eToro publicly traded?
No, eToro is not publicly traded.
Conclusion
eToro is owned by eToro Group Ltd., a company based in Israel.