Moneyfarm said to reject eToro takeover bid of up to €300 million

European digital wealth manager Moneyfarm has rejected a takeover approach from trading platform eToro Group Ltd worth up to €300 million, according to people familiar with the matter.

• Moneyfarm is a European digital wealth management service
• eToro offered up to €300 million for the company
• Moneyfarm rejected the takeover approach