eToro acquisitions remain a key part of the company's growth strategy as the trading platform explores opportunities in wealth management, payment services, and potential banking expansion. According to the Financial Times, eToro is evaluating new acquisitions that could strengthen its wealth offering and expand its footprint in the United States, although financial details of the proposed deals have not been disclosed.
#Wealth-Tech Deals Support Growth Plans
Founded in 2007, eToro provides access to stocks, commodities, cryptocurrencies, and other financial instruments through its digital trading platform. Following its public listing, the company has continued to pursue strategic acquisitions as part of its long-term expansion plans.
Yoni Assia, eToro's CEO and co-founder, emphasized that acquisitions remain central to the company's strategy.
""Part of the reason we listed is because we are very acquisitive," Assia said.
While the company has not announced a timeline, the transactions currently under review are expected to be completed in the near future.
Earlier in April 2026, eToro agreed to acquire crypto wallet provider Zengo for USD 70 million. Assia noted that rising interest rates and tighter funding conditions are accelerating consolidation across the fintech sector, creating opportunities for well-capitalized firms to expand through acquisitions. He also suggested that some established fintech companies may struggle to remain independent public businesses in the current market environment.
#Banking and Payment Services Become a Priority
The latest eToro acquisitions align with a broader industry trend in which online trading platforms seek to diversify revenue streams beyond trading activity. This strategy helps reduce dependence on volatile cryptocurrency and financial markets.
Since its Nasdaq debut in May 2025, eToro's share price has declined by approximately 40%. According to Assia, expanding into banking-related services could provide additional stability and create new growth opportunities.
The company is particularly interested in payment services and is considering either applying for a banking license or acquiring an existing banking institution. Any future licensing initiative could take place in the United States or other international markets.
Rather than focusing on traditional lending, eToro's strategy centers on payments infrastructure, financial services integration, and broader customer engagement through banking-related products.
#Fintech Firms Pursue Banking Licenses
The move comes as more fintech companies explore banking licenses to expand their service offerings. Regulatory changes introduced by the Office of the Comptroller of the Currency (OCC) have encouraged greater interest in banking charters among financial technology firms.
Several major fintech players, including Nubank and Revolut, have already submitted applications for US banking licenses. Under previous regulatory conditions, many companies viewed acquiring an existing bank as a more practical alternative to obtaining a new charter.
Data from legal firm Freshfields shows that the OCC received 14 applications for de novo charters to establish limited-purpose national trust banks in 2025. This figure nearly matches the total number of applications submitted during the previous four years combined, highlighting growing interest in banking expansion among fintech companies.
#What eToro's Expansion Means for the Fintech Industry
As eToro acquisitions continue to shape the company's growth strategy, the firm is positioning itself beyond online trading and cryptocurrency services. Through investments in wealth management, payment infrastructure, and potential banking capabilities, eToro is following a wider fintech trend toward diversification and consolidation.
With regulatory barriers easing and competition intensifying, acquisitions and banking licenses are likely to remain important tools for fintech companies seeking long-term growth and resilience.