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  • 23 July 2019 09:02

Retail investors take stake in future of money with eToro FuturePayments portfolio

eToro, the multi-asset investment platform, today announces the launch of its latest portfolio, offering retail clients around the world the opportunity to invest in the developing digital payments industry. The portfolio is an opportunity for long term investment in a blend of companies in the mobile, wearable and digital payments sector, including those offering blockchain solutions. The Future Payments portfolio combines both stocks and cryptoassets, presenting a diversified strategy across both asset classes.

Yoni Assia, CEO and Co-founder of eToro, comments: “The future of money is constantly evolving into a complex global network. Challenger companies and technologies are entering this space, turning the industry on its head and prompting traditional players to redefine how the world pays for its goods and labour. We’re offering retail investors a chance to tap into the payments industry through a diversified portfolio across two different asset classes - stocks and crypto - making this portfolio unique.

The portfolio provides exposure to global stocks (80%) including Wirecard, Alibaba, Tencent, Bankia S.A. and Baidu, as well as cryptoassets (20%) including Bitcoin, XRP and Dash. The decision to include cryptos is based on the belief that the payments industry will likely be one of the first to properly adopt blockchain solutions. The companies making up the equity allocation of the portfolio are chosen based on their commitment to innovation within the payments sector, as well as challenger brands that seek to disrupt the industry.

Yoni Assia added: “The way people choose to invest is changing. People want to invest in ideas and technologies that they believe in. Our CopyPortfolios are about making it as easy as possible for ordinary investors to access thematic investing.”

FuturePayments is the latest in eToro’s expanding list of thematic portfolios, which include portfolios providing exposure to renewable energy, big tech, cryptoassets, gaming companies, banks, genome engineering and the cannabis industry.

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Note to editors To arrange an interview with Robert Francis, Managing Director of eToro Australia, please contact: Anastasia Jones | ajones@sefiani.com.au | 0467 315 756 Fiona Stanich | fstanich@sefiani.com.au | (02) 8920 0700

eToro backgrounder can be found here: http://bit.ly/2JgOygf

About eToro Australia eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than 11 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.

eToro has pioneered value-added services such as CopyTrading™ and CopyPortfolios™, as well as the Popular Investor program, which allows eToro qualified members to earn and additional income directly from eToro when their investments are copied by another member and allows others to gain from their wisdom, experience and success.

eToro is regulated in Europe by the Cyprus Securities and Exchange Commission, regulated by the Financial Conduct Authority in the UK, and by the Australian Securities and Investments Commission in Australia.

URL: www.etoro.com.au Twitter: https://twitter.com/eToro YouTube: https://www.youtube.com/user/etoro Facebook: https://www.facebook.com/eToro/

Disclaimer eToro AUS Capital Pty Ltd, ABN 66 612 791 803 AFSL 491139. CFDs are highly leveraged and risky, and may not be suitable for all investors. Trading CFDs does not result in ownership of the underlying assets. You should obtain your own advice and refer to our FSG and PDS before deciding whether to trade with us.

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