ZenGo

Company Overview

Snapshot

Founded in June 2018 by Ouriel OHAYON, Gary Benattar, and Tal Be'ery, ZenGo operates with 51–200 employees. The company has raised $24M across 3 funding rounds from 13 investors. In April 2026, ZenGo was acquired by eToro.

Business overview

ZenGo is a non-custodial digital currency wallet that leverages cutting-edge cryptography and a mobile-first software approach to secure users' crypto assets without requiring them to manage private keys. The company focuses on robust security alongside an intuitive user interface and experience, serving the Fintech & Insurtech sector by providing solutions for money transfer and management, particularly for consumers and private investors in the cryptocurrency and digital wallet markets.

Strategic signal

ZenGo's acquisition by eToro in April 2026 for $70 million signifies a strategic consolidation within the digital asset market. This move allows eToro to expand its digital asset offerings by integrating ZenGo's self-custodial crypto wallet technology, indicating a growing demand for secure and user-friendly cryptocurrency management solutions within broader investment platforms.

Company Intelligence Q&A

What was a significant recent corporate development for ZenGo?

In April 2026, ZenGo was acquired by eToro for $70 million. This acquisition is expected to enhance eToro's digital asset offerings by integrating ZenGo's self-custodial crypto wallet technology.

Which investors participated in ZenGo's Series A round?

In April 2021, ZenGo closed its Series A round with investment from Insight Partners and Distributed Global.

What is ZenGo's core technology?

ZenGo utilizes cutting-edge cryptography and a mobile-first software approach to provide a non-custodial digital currency wallet, focusing on security and user experience for managing crypto assets.