Israeli fintech giant eToro’s shares, under the symbol ETOR, debuted on Nasdaq today (Wednesday) in a much-anticipated Wall Street listing. As expected, the shares were initially priced at $52, but quickly soared after the listing. Ahead of the debut, the company confirmed that it has increased the price of its initial public offering (IPO) to […]
Category Archives: Fintech
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After a months-long delay caused by tariff-related market swings, eToro is set to launch its U.S. IPO with stronger-than-expected investor interest, potentially pricing above its marketed range, Bloomberg reported. Israeli media outlet Globes also reported that the firm’s shares will start trading on Nasdaq tomorrow (Wednesday). The renewed momentum offers a glimpse into the shifting […]
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After a strong 2024—where it posted $931 million in total commissions and $192 million in net profit—IPO-bound eToro now forecasts a lower Q1 net income between $56 million and $60 million compared to the same quarter last year, when it earned $64 million. Spending on Growth Hits Income The Israeli trading platform explained that the […]
The European Securities and Markets Authority (ESMA) is inviting feedback from retail investors and consumer groups on how current investment rules affect their experience and engagement. The consultation focuses on whether rules under MiFID II support investor protection or unintentionally discourage participation. Understanding Investor Engagement Barriers “The purpose of this Call for Evidence is to […]
Within the context of broadening and dynamically expanding into new markets, EC Markets proudly yet with great responsibility and determination announces its participation as an Elite Sponsor at the Finance Magnates Africa Summit 2025 (FMAS 2025). This leading event, taking place on 29–30 May at the renowned Cape Town International Convention Centre (CTICC), aspires to […]
A brokerage firm operating in Dubai has reportedly disappeared with millions of UAE investors’ funds, according to reports by local media publications. According to the Khaleej Times, the firm has left a vacant office in Dubai’s Capital Golden Tower and unanswered calls from desperate investors who have reportedly lost millions of dirhams in funds. Dubai: […]
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TradingPRO is proud to announce our participation as a Platinum Sponsor at the upcoming Finance Magnates Africa Summit 2025, taking place from May 29–30 at the Cape Town International Convention Centre (CTICC). Join us at Booth 32, where our team will showcase our award-winning trading solutions, connect with industry leaders, and spotlight our commitment to […]
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May
May
Capital One Financial Corporation (NYSE: COF) has completed its acquisition of Discover Financial Services, culminating a 15-month process that transforms the company into the largest credit card issuer by loan volume in the United States. Capital One Completes Acquisition of Discover The transaction, first announced on February 19, 2024, received final regulatory clearance last month […]
The European Central Bank (ECB) is now advancing its digital euro project, hoping to restore control over retail payments while enabling innovation in both consumer and wholesale transactions. In a speech by Piero Cipollone, a Member of the ECB’s executive board, the initiative reflects mounting concerns that Europe’s reliance on non-EU payment platforms threatens its […]
Amid more friendly crypto regulations in the US, Crossover Markets, the crypto asset trading technology firm, is preparing to launch its services for US clients for the first time, the company announced in a post on X. Founded in 2022 by foreign exchange veterans Brandon Mulvihill, Anthony Mazzarese, and Vladislav Rysin, the London-based company has […]