eToro Demonstrates Accelerated Growth With Latest Results

NEW YORK–()–eToro Group Ltd. (“eToro” or the “Company”), a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, announced today certain Q1 2021 key performance indicators. This announcement follows the previously announced planned business combination with FinTech Acquisition Corp. V (“FTV”). The company also disclosed audited 2020 financial results.

Yoni Assia, Co-Founder and CEO of eToro, commented: “Last year was characterized by accelerating retail investor engagement. Widespread media coverage of the financial markets and more time to upskill in lockdown encouraged a record number of retail investors to enter the markets via online investment platforms and apps.

We saw this trend accelerate in 2021, and the first quarter continues eToro’s strong track record of growth. eToro saw a 214% increase…

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