The second deal of 2019 supports expansion as eToro eyes further acquisitions.
The global multi-asset investment platform eToro has today announced the acquisition of Delta for an undisclosed amount. Delta helps investors make better decisions regarding their crypto investments by providing tools such as portfolio tracking and pricing data.
Commenting on the news, Yoni Assia, Co-founder, and CEO of eToro said,
“We are excited to announce that Delta will become part of the eToro Group. This is our second acquisition this year and reflects our commitment to continued growth and innovation. When we started eToro our goal was to disrupt the world of trading. We wanted to change the way people think about trading and investing, ultimately reducing dependency on traditional financial institutions and make trading and investing more transparent and fun. This mission remains our guiding light and we will continue to evolve both organically and by acquisition in order to bring our customers the very best experience.”
Delta is a crypto portfolio tracker app with over 6,000 crypto assets available from more than 180 exchanges. It provides investors with a range of tools to track and analyze their crypto portfolios. To date, Delta has been downloaded by over 1.5 million users and has hundreds of thousands of active monthly users. The app is known for its superior quality which is reflected in extremely popular user reviews [4.8 average on iOS and 4.6 on Android] and its award winning user interface [2018 Webby Judges Award Winner for best mobile app UI/UX].
Nicolas Van Hoorde, CEO of Delta, commented,
“This acquisition makes sense for Delta, eToro and most importantly our respective users. There are strong synergies between the two companies and we have many shared values,