eToro SPAC Deal: 20 Million Users & 147% Revenue Growth | SPACs Attack

In this clip, Chris Katje covers the eToro SPAC deal, which is going public through the acquisition of $FTCV (FinTech Acquisition Corp V), in a deal valuing the investment network at an implied equity value of $10.4 billion. A $650-million PIPE includes investments from Softbank, Third Point, Fidelity, and others. Current FinTech Acquisition Corp V shareholders will own 2.4% of the company after the merger. Subscribe for daily trade ideas https://www.youtube.com/c/Benzinga https://share.hsforms.com/1ksYte4rVS5ustuB_6KxPlQ1npzh Link subscribe to the SPAC Newsletter Hosts: Mitch Hoch Twitter: https://twitter.com/STORYInvestors Chris Katje Twitter: https://twitter.com/chriskatje /////MORE STUFF TO CHECK OUT////// Benzinga Premarket Activity newsletter ➡️https://share.hsforms.com/1SoPsxeyZRGaNV52R_Z7CKQ1npzh Free stock market news ➡️ https://www.benzinga.com/ Benzinga merch ➡️ https://swag.benzinga.com/ Join Benzinga’s Free Chat ➡️ https://discord.com/invite/SSAWFYy Live education at Benzinga Boot Camp ➡️ http://bit.ly/BZBootCampFeb Get EXCLUSIVE ACCESS to Benzinga's Premium Products: https://www.benzinga.com/premium-products/ iTunes: itunes.apple.com/us/podcast/benzinga-tv Spotify: https://open.spotify.com/show/7dA6TuZpPoRDj3YyCPP7dn Soundcloud: soundcloud.com/bztv Stitcher: www.stitcher.com/podcast/benzinga-morning-show TuneIn: tunein.com/podcasts/Business--…nzinga-TV-p1006070/ Google Play: play.google.com/music/listen?u=0#…gd4pry47sjss2n2my Like the show? Keep up with all Benzinga news! Visit https://www.benzinga.com/ to subscribe to our newsletter Visit https://twitter.com/Benzinga to follow us on Twitter Visit https://www.facebook.com/Benzinga/ to like us on Facebook Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #SPACStocks​ #Benzinga​ #eToro