Two Leaders in Their Fields Join Forces: eToro is Eintracht Frankfurt’s New Premium Partner
The current German Cup winner Eintracht Frankfurt has a new Premium Partner: eToro. eToro continues to successfully expand in the German market, recently completing a $100 million Series E round of financing and presenting strong growth in the first quarter of 2018. The partnership with Eintracht Frankfurt was signed for the 2018/2019 and 2019/2020 Bundesliga football league seasons.
“We are proud of the partnership with Eintracht, not only because of the long tradition and recent achievements of the club in the German Cup but also because we feel very connected to Frankfurt and Germany. Some of our key business partners reside in this region,” says Yoni Assia, CEO, and co-founder of eToro. “With their cooperation, we will continue to promote and strengthen our offerings in Germany, one of eToro’s core markets, where we have recently seen remarkable growth.
“This exciting opportunity to connect with Eintracht Frankfurt and Bundesliga fans from all over the world also offers us, as an international social trading and investing platform, broadened global exposure.”
In the last year, 340,000 new eToro users registered from Germany alone, while the total number of users globally grew from 6 million to over 9 million. Currently, German clients account for around 17 percent of the worldwide eToro community, making them the second largest group after the United Kingdom.
“With eToro, we have gained a powerful Premium Partner, who wants to grow vigorously in Germany and especially in the financial center Frankfurt/RheinMain,” says Axel Hellmann, Member of the Executive Board of Eintracht Frankfurt.
Look for eToro at upcoming Eintracht Frankfurt games, with more exciting joint ventures to come!