The Ping An, Sberbank and Commerzbank-backed social trading platform has attracted $100m in funding at an $800m valuation from investors including SBI.
Cyprus-based social trading platform eToro received $100m in funding yesterday from a consortium including financial services firm SBI Group, Globes reported.
The round was led by asset management firm China Minsheng Financial and also featured Korea Investment Partners and World Wide Invest. The deal valued the company at $800m, an unnamed source told Globes.
Founded in 2007, eToro has created a social trading and investing platform that allows users to follow other investors and copy their portfolio, which can consist…
