SPACS, Retail Investing And Online Trading Platforms

Retail trading platform eToro has seen considerable success as the trend towards direct trading increases, with over 20 million registered users. Now, in a merger with the special purpose acquisition company (SPAC) Fintech Acquisition Corp V (FTCV), which values eToro at US$10.4 billion, it will become a publicly traded firm.

We caught up with eToro’s CEO Yoni Assia to discuss how the process worked and what investors thought about going public via a SPAC deal.

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Disclaimer: Primary Markets TV is a news update and is intended for informational purposes only. Primary Markets TV does not provide investment advice nor recommend products.

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