EToro Raises $620M in Upsized IPO, Valued at $4.3B

Tuesday, May 13, 2025 7:37 pm ET1min read

EToro, a trading and investment platform, raised $620 million in an upsized US IPO, priced at $52 per share, giving it a market value of $4.3 billion. The company had marketed 10 million shares for $46 to $50 each and had received strong demand. EToro offers a platform for users to trade and follow top investors in assets including stocks and crypto. The company reported a net contribution of $787 million in 2024 and a net income of $192 million.

eToro, the renowned trading and investment platform, successfully completed its upsized initial public offering (IPO) on May 14, 2025. The company priced its shares at $52 per share, raising a total of $620 million. This IPO, which included 11.923 million Class A common shares, marks a significant milestone for the platform, giving it a market value of $4.3 billion [1].

The IPO was well-received, with strong demand for the shares priced between $46 and $50 each. eToro had marketed 10 million shares, with the remaining 1.923 million shares sold by existing shareholders. The offering was led by Goldman Sachs & Co. LLC, Jefferies, UBS Investment Bank, and Citigroup, with additional support from several other financial institutions [1].

eToro's financial performance in 2024 was robust, with a net contribution of $787 million and a net income of $192 million. The company's strong financials, coupled with its innovative platform and extensive user base, have positioned it well for continued growth. eToro's platform allows users to trade and follow top investors across various assets, including stocks and cryptocurrencies [2].

The company plans to use the net proceeds from the IPO to enhance its capitalization, financial flexibility, and to create a public market. eToro also intends to use some of the funds for acquisitions or investments, indicating a strategic expansion plan [2].

The IPO was led by Goldman Sachs & Co. LLC, Jefferies, UBS Investment Bank, and Citigroup, with additional support from several other financial institutions [1].

References
[1] https://www.businesswire.com/news/home/20250513117690/en/eToro-Announces-Pricing-of-Upsized-Initial-Public-Offering
[2] https://www.tradingview.com/news/financemagnates:62ba037e7094b:0-etoro-s-4b-ipo-too-pricey-for-europe-a-bargain-in-the-us/

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