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Mergers & Acquisitions

eToro Signs Deal for Argentine Fintech LB Finanzas, Its Fourth 2026 Acquisition

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Key takeaways

  • eToro entered an agreement to acquire LB Finanzas, the Argentine all-in-one investment and payment app, with closing subject to customary conditions.
  • The LB Finanzas deal is eToro's fourth acquisition announcement in 2026, after Zengo, Bit2C and TradeZero.
  • LB Finanzas, founded in Rosario in 2018, offers US stocks, ETFs, crypto and money market funds plus Argentine peso and US dollar accounts.
  • eToro CEO Yoni Assia said the deal supports building a localized presence in Latin America with Argentina as its regional hub.

eToro has entered an agreement to acquire LB Finanzas, the Argentine all-in-one financial app, in a deal whose price was not disclosed. Stock Titan reported the agreement on November 4, 2026. eToro is a Nasdaq-listed trading and investing platform. LB Finanzas is an Argentine financial app founded in Rosario in 2018.

eToro's LB Finanzas Agreement

eToro said the acquisition strengthens its footprint in what it called one of the world's fastest-growing fintech markets, with Argentina serving as its regional hub for Latin America. LB Finanzas provides a fully integrated platform covering investing in equities, ETFs, crypto and money market funds, alongside payment solutions and Argentine peso and US dollar accounts. The company is regulated by Argentina's National Securities Commission (CNV) and by the Central Bank (BCRA).

Yoni Assia, Co-founder and CEO of eToro, said: "By combining LB Finanzas' local expertise with eToro's global scale and product offering, we can bring that mission to millions of people across one of the most dynamic regions in the world."

Camilo Cristia, Co-founder and CEO of LB Finanzas, said: "For our clients, nothing changes today. What comes next is more products and more scale with the same team they already know." eToro said the acquisition is subject to customary closing conditions. The agreement is eToro's fourth acquisition in 2026, following Zengo in April, Bit2C in May and TradeZero in August.

eToro's Scale Behind the Deal

According to akta.pro company records, eToro reported 4.23 million funded accounts as of May 2026, up from 4.02 million in the first quarter, including 110,000 from the Zengo and Bit2C acquisitions. The same records put assets under administration at $20.1 billion in May 2026, up 18% year over year, and total funding at $1.2 billion. eToro's platform serves more than 40 million users globally from over 75 countries.

eToro's Run of Deals and Launches

On October 20, 2026, Insider Trading & Hedge Fund Data reported that eToro is acquiring TradeZero for up to $231 million, with the deal expected to close in the first half of 2027. Fxnewsgroup reported on October 19, 2026 that eToro launched eToro Edge, a professional intelligent terminal for active desktop trading that connects to the same eToro account. On October 9, 2026, Fxnewsgroup reported that eToro launched connectors for Claude, ChatGPT, Grok and Grok Bot, built on the Model Context Protocol, to bring portfolio data into AI assistants without API keys.

TradeZero Closing Expected in First Half of 2027

The TradeZero acquisition is expected to close in the first half of 2027, according to Insider Trading & Hedge Fund Data.

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Sources

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