http://socialnetworkingnews.org/wsj-etoro-set-to-raise-15-million-from-chinas-ping-an-and-russias-sberbank/
The Wall Street Journal has reported that CySEC-regulated retail forex broker eToro is close to finalizing a $15 million investment from Chinese insurance giant Ping An and Russia’s largest bank, Sberbank. The financing is strategic, with both Ping An and Sberbank to help eToro expand in their respective home markets, China and Russia, following the investment.
LeapRate confirmed with sources close to the situation that the investment is being made at a company valuation above $100 million for eToro,
Source: leaprate.com
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