eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth

velvetsea March 28, 2023 eToro, Velvet Sea Ventures

After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation.