TechFlow news, May 5 — According to Bloomberg, social trading platform eToro Group Ltd. is considering launching its U.S. initial public offering (IPO) as early as this week. Sources familiar with the matter said the company had previously paused its IPO plans in April 2024 due to stock market volatility triggered by tariff-related announcements. eToro filed its IPO application with the U.S. Securities and Exchange Commission (SEC) at the end of March 2024.
The report noted that the company has not yet made a final decision on the listing and may still postpone the timeline. Notably, eToro achieved commission revenue of $931 million and net revenue of $192 million in 2024, representing a 46% year-on-year increase.
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