eToro Files for US IPO, Valuation Could Reach $5 Billion
Israel-based trading platform eToro has confidentially filed for a US IPO, potentially valuing the company at over $5 billion, following a $3.5 billion funding round in March.
Fintech
Tech Trade Groups Sue CFPB Over Digital Payment App Regulation
NetChoice and TechNet challenge CFPB's effort to regulate digital payment apps like banks, citing arbitrary and capricious rulemaking.