eToro Plans to Launch Its Own Debit Card in 2020

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eToro, a platform that enables its customers to invest in the assets they want, from stocks and commodities to crypto-assets, plans to launch a debit card within this year while expanding its operations in the US, South Africa, and Hong Kong. Expanding Services to Customers in Over 100 Countries Rumors had persisted for a while that eToro was about to launch its own debit card. Now, in a recent interview with Globe’s Roy Katsiri, eToro confirmed that the company is indeed planning to launch a debit card this year. According to Katsiri, eToro co-founder and CEO Yoni Assia said, The card will expand the financial services that we currently provide to customers from over 100 countries around the world. Based on the premise that “the total value of the cryptocurrency market grew 54% to $193 billion in 2019, with bitcoin accounting for 68% of it,” eToro expects that its debit…

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