eToro has raised $162 million to date and the latest financing round was completed at a company valuation of $800 million.
In the financing round eToro was represented by the Meitar Liquornik Geva Leshem Tal law firm and China Minsheng Financial was represented by Yigal Arnon & Co.
Yoni Assia told “Globes,” “We have always seen the investment market as very localized and not advanced. Ultimately, everybody wants to make profits in the market. Our customers, unlike institutional investors, do not object to sharing their investments. Users can therefore benefit from “the wisdom of the crowd” and learn what other investors are doing.”