eToro UK Appoints Lord Stanley Fink as a Director

eToro, a global investment platform known for its social trading capabilities, has appointed Lord Stanley Fink as a non-executive director at its UK-registered subsidiary. He already held a part-time position as a special advisor at the brokerage.

According to a recent Companies House filing by eToro’s UK-based entity, Lord Fink assumed the new position on March 1, 2021, and will be based in the brokerage’s London office.

As Finance Magnates reported earlier, he initially joined eToro in mid-2018 to advise the firm on crypto assets. Then, eToro started to explore Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and gained a license for its crypto arm in Gibraltar within months of his joining the company.

A Crucial Time for eToro's Business

“We are very pleased to confirm that Lord Fink has joined eToro UK's Board as a Non-Executive Director,” eToro’s Communications Head, Amy Butler, told Finance Magnates. “Lord Fink has been an advisor to eToro since 2018. Our UK business is growing rapidly, and we are thrilled that Lord Fink has agreed to a more active role in supporting our continued expansion.”

Indeed, the revenue of the UK unit witnessed an annual surge by more than 47 percent in 2019, reaching $3.1 million. His appointment at eToro came when the company is reportedly gearing up for a $5 billion public listing in the United States.

Apart from eToro, Lord Fink is holding the position of Chairman at four other companies - one is Bud, a UK-based Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term startup working on open banking, and the other three are Project Etopia, Hay Hill Wealth Management, and British Pearl, an online property investment platform. Furthermore, his Linkedin profile shows that he sits on the board of Farillio and Seneca, both of which are startups.