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GlobeNewswire·

etoro Expands into Latin America with Acquisition of Argentine Fintech LB Finanzas

  • etoro has agreed to acquire LB Finanzas, an Argentine all-in-one financial app, to strengthen its presence in the Latin American fintech market.
  • The acquisition positions Argentina as etoro's regional hub for localized growth in one of the world's fastest-growing fintech sectors.
  • LB Finanzas offers a platform for equities, ETFs, crypto, money market funds, & payment solutions with both Argentine peso & US dollar accounts.
  • Yoni Assia, etoro CEO, stated the deal combines LB Finanzas' local expertise with etoro's global scale to serve millions across the region.
  • Camilo Cristia, LB Finanzas CEO, confirmed that existing clients will face no immediate changes while gaining access to more products & scale.
  • This marks etoro's fourth acquisition in 2026, following deals with Zengo, Bit2C, & TradeZero earlier in the year.
  • The transaction is subject to customary closing conditions.
  • etoro operates as a regulated, Nasdaq-listed platform in 75 countries, while LB Finanzas is regulated by Argentina's CNV & Central Bank.