eToro Money Continues Its European Expansion, Becomes Available in Sweden

eToro, a leading social trading provider, has rolled out eToro Money in Sweden, which follows the expansion of the service in other European countries, including Iceland, Liechtenstein, Czech Republic, Poland, Bulgaria and Croatia earlier in November.

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eToro Money (formerly known as "eToro Wallet") is an app that connects to users' eToro investment account, allowing them to instantly deposit and withdraw funds. Users can store and manage fiat and cryptocurrency funds in a single account.

eToro has been regularly expanding the functionalities of eToro Money. In May, the broker announced that its clients could use their eToro Money account to make Direct Debit payments.

Last month, the broker has acquired Bullsheet, a provider of portfolio management tools designed exclusively for eToro users. Bullsheet provides portfolio management tools which enable eToro users to analyse the diversification of their portfolio, in addition to a suite of other tools designed specifically for eToro users.