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eToro Considering IPO Via Goldman: Report

Israeli fintech company eToro is weighing its options regarding a potential initial public offering. So reports Seeking Alpha.

EtoroTo that end, the fintech is in talks with Goldman Sachs and an offering could value the brokerage at close to $5 billion, according to Calcalist. One unique offering from eToro is its “copy trade” function that allows one trader to replicate exactly the trades of another investor. According to Seeking Alpha, the company has already raised $200 million from venture capitalists Ping An Insurance, Chemi Peres and China Minsheng Financial.

Read the full article from Seeking Alpha.

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