This Wednesday, social investment network leader eToro, announced its partnership with the German football club RB Leipzig. The two-year deal will be valid till 2023. The news was disclosed through each party’s Twitter accounts without many details being divulged. The CEO of RB Leipzig, Oliver Mintzlaff, was quick to quote on cementing the deal. He stated that this is one of the most thrilling developments in recent times. He seemed optimistic about partnering with a top name in the world of online investments. He was also hopeful about entering the global network through eToro’s global reach.
Doron Rozenberg, the marketing head at eToro’s DACH region said that sponsorships can be utilized to unite multiple stakeholders across the football community. No details of the partnership between eToro and the German football club have so far been disclosed. Currently playing in the top-tier of Bundesliga, RasenBallsport Leipzig e.V. or the RB Leipzig club was established 2009. Among its biggest achievements was entering the semi-finals in the 2019-20 season of the UEFA Champions League.
Looking Back at eToro
2017 saw eToro starting out as a general platform for trading. Cut to the present, it has amassed the reputation of being the leading company in the world for social trading and multi-asset brokerage. Versatility is the name of the game, and eToro has never floundered in its services, which range from copy portfolios, crypto trading, copy trading, stock trading to Contract for Difference or CFD, etc. The top-notch financial services offered by the company have ensured its significant role in the fintech revolution for the last decade.
eToro brings several time-tested tools and sets the bar higher, especially for investments across the fluctuating world of crypto. It is a generalized platform for trading that caters to both traditional and crypto investments. The option of a virtual money account on the eToro platform gives users a deeper insight into the trading tactics utilized, where beginners get a virtual money wallet boost of 100,000 dollars. The electronic calendar is another service that is chosen according to time zones and one’s desirable assets reflect the related events.
Sports Sponsorships of eToro
In July, eToro finalized a partnership with SK Slavia Prague, the oldest of the football clubs in the Czech Republic. A multi-year partnership has been agreed upon. It will see the Israeli broker’s logo featuring on the official team jerseys of the club. This includes the jerseys for the club’s team for all three categories: men, women, and youth. The deal with the Czech club has been a strategic partnership fuelled by the services the multi-asset broker has been offering to Czech traders from 2017.