Stock Market
By Maheen Hernandez
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Banking License or Bank Acquisition on the Table. eToro is looking hard at traditional payment services.
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Q1 2026 Numbers: Commodities Up, Crypto Down. eToro posted net income of $82 million on revenues of $258 million for the first quarter of 2026.
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Consolidation Bets and What Assia Sees Coming. Assia has also been talking about industry consolidation more broadly.
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eToro is hunting for acquisitions. The trading platform, now public on Nasdaq under the ticker ETOR, has entered talks with two wealth-tech firms — one of them based in the…
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Yoni Assia, eToro's co-founder and CEO, confirmed the ambitions publicly. He wants businesses that can beef up eToro's wealth management side, and the company has already brought…
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eToro is looking hard at traditional payment services. The path there probably runs through a banking license application, an outright bank acquisition, or both — it's unclear…
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Speaking of which — Q1 2026 was a mixed bag.
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That's basically why the banking and wealth-tech moves make sense right now. When one asset class softens, you want something else picking up the slack.
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See also: Crypto Exchanges Pull SpaceX IPO Token Deals, Vow Full Refunds to Users
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eToro was founded in 2007. It's done acquisitions before. Earlier this year the company picked up Zengo, a self-custodial crypto wallet provider.
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The wealth-tech targets seem to be a different kind of play — less about crypto plumbing, more about expanding into the broader money-management space.
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Assia has also been talking about industry consolidation more broadly. His read: not every company that went public recently will survive as an independent entity.
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The wealth-tech acquisition push is probably the most immediate story to watch. Two live discussions, bankers engaged, a CEO who's clearly telegraphing intent — something could…
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eToro's platform currently spans stocks, cryptocurrencies, and CFDs across a global user base.
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