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  • eToro opens a new office in Tbilisi, Georgia, with a team of around 30 employees, mostly in tech roles.
  • The expansion into Georgia is facilitated by a partnership with Webiz, providing eToro with access to cost-effective local talent.

eToro has expanded its global operations by opening a new office in Tbilisi, Georgia.

While the company hasn’t officially confirmed the office, LinkedIn data shows that around 30 employees, mostly in tech roles, are now working there.

This expansion is reportedly facilitated through a partnership with Israeli outsourcing firm Webiz, which provides access to more cost-efficient local talent.

With Georgia becoming a popular tech outsourcing destination, particularly since the Ukraine crisis, eToro follows other financial companies like OctaFX and Devexperts in establishing a footprint in the region.

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