eToro Buys LB Finanzas to Make Argentina Its Latin America…
By Abdelaziz Fathi
AI summary of the source article
eToro has agreed to acquire Argentine financial app LB Finanzas to establish Argentina as its Latin American hub. The deal provides eToro with a locally regulated base combining equities, crypto, payments, and multi-currency accounts.
Why it matters
eToro Director for Iberia and Latam Tali Salomon stated: “Argentina is not just our entry point into Latin America, it is the foundation on which we will build across the entire region.”
Key facts
- eToro agreed to acquire Argentine app LB Finanzas on November 4 for an undisclosed sum.
- LB Finanzas operates under registrations with Argentina's securities regulator CNV and central bank BCRA.
- The acquisition marks eToro's fourth deal announced in 2026, following acquisitions of Zengo, Bit2C, and TradeZero.
Source excerpt · FinanceFeeds
eToro has agreed to acquire Argentine financial app LB Finanzas, giving the Nasdaq-listed trading platform a locally regulated base from which it plans to expand across Latin America.The transaction, announced on November 4, will make Argentina eToro's regional hub while adding a platform that already combines equities, ETFs, crypto, money market funds, payments and accounts denominated in Argenti…