April 23, 2024

eToro Issues Debit Card

eToro Issues Debit Card

EToro investment platform will release its own debit card for UK users.

EToro previously acquired financial services company MarqMillions Ltd, thanks to which it will be able to issue a debit card. The amount of the deal was not disclosed, and the entire management team of Marq Millions continues to work in the company.

eToro from the UK. Further, the platform plans to expand the service to European residents. EToro has a 14 million user base and the developers expect the card to be in demand.

An eToro spokesman said that cardholders will be able to instantly withdraw funds that are in the platform's accounts.

The eToro platform allows you to invest in stocks and commodities markets, as well as some cryptocurrencies – Bitcoin, Ethereum and XRP. 

Let us remind you that earlier this month, the Binance cryptocurrency exchange also launched its own debit card and has already begun sending it to the first users. 

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Based on materialstechcrunch.com