eToro prepares for US IPO with Goldman Sachs, targets $3.5B+ valuation 🏦🔔; EQT plans strategic sale of Banking Circle, valuing the FinTech at up to $4 billion 😳💸

FinTech is Eating the World, 6 December

Hey Everyone,

Good morning & happy Saturday! We’re ending another brilliant five days in FinTech on the weekend but it’s obviously worth the wait 😤 Today we’re looking into eToro which is preparing for a US IPO with Goldman Sachs and targetting $3.5B+ valuation (why it matters & what can we expect next + a bonus deep dive into eToro’s biggest competitor), and EQT that plans strategic sale of Banking Circle (what’s the USP here & why it matters + bonus list of M&A resources that can save you billions). So let’s just jump straight into the good stuff 🌶️

eToro prepares for US IPO with Goldman Sachs, targets $3.5B+ valuation 🏦🔔

The news 🗞️ Social trading platform eToro is preparing for a potential initial public offering (IPO) in the United States, with Goldman Sachs GS 0.00%↑ leading the effort.

According to recent reports from Bloomberg, the company is eyeing a public debut as early as the second quarter, though the timeline remains flexible.

Let’s take a quick look at this.