Results & performance

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Novia reports strong growth in 2021

Novia reports strong growth in 2021

Novia Financial, which was acquired by private equity firm AnaCap in April last year, reports that it is thriving under its new owners with new leadership and promises continued focus on market-leading service delivery and technology enhancements, to put it at the forefront of next-generation platforms in the years ahead.

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7IM sees revenue up 31.6 per cent for 2021

7IM sees revenue up 31.6 per cent for 2021

 

7IM Group revenue increased by 31.6 per cent in 2021, climbing to GBP92.3 million from GBP70.1 million in 2020. The firm writes that assets under management

rose by almost GBP3 billion to GBP21 billion as at 31st December 2021 and profit before tax almost doubled in 2021, coming in at GBP9.5 million against 2020’s GBP5.2 million, an 83 per cent increase.

 

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Social investment network eToro reports year-over-year growth in total commissions

Social investment network eToro reports year-over-year growth in total commissions

eToro Group, a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, has announced its first quarter 2021 interim financial results, which show 3.1 million of new registered users, up 214 per cent compared to Q1 2020, plus total commissions of USD347 million, up 141 per cent compared with Q1 2020.

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eToro demonstrates accelerated growth with latest results

eToro demonstrates accelerated growth with latest results

eToro Group Ltd (eToro), a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, has released certain Q1 2021 key performance indicators. This announcement follows the previously announced planned business combination with FinTech Acquisition Corp V (FTV). The company also disclosed audited 2020 financial results.