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 $24 million across 3 funding rounds from 13 investors, with Insight Partners leading a Series A round. ZenGo was acquired by eToro in April 2026.

Business overview

ZenGo is a non-custodial digital currency wallet that eliminates the need for users to secure and manage private keys. The company utilizes a mobile-first software approach combined with cutting-edge cryptography to secure clients' crypto assets. ZenGo focuses on both robust security and an intuitive user interface and experience, serving markets within the Fintech & Insurtech sector, specifically in money transfer and management, and targeting private investors as consumers.

Strategic signal

ZenGo's acquisition by eToro in April 2026 signals a significant consolidation within the digital asset and fintech landscape. This move indicates eToro's strategic intent to expand its digital asset offerings and integrate ZenGo's secure, self-custodial crypto wallet technology, reinforcing the growing importance of user-friendly and secure solutions in the mainstream adoption of cryptocurrencies.

Company Intelligence Q&A

What was the most significant recent corporate event for ZenGo?

ZenGo was acquired by eToro in April 2026. This acquisition will help eToro expand its digital asset offerings by integrating ZenGo's self-custodial crypto wallet technology.

Did ZenGo receive any strategic investments recently?

In February 2025, ZenGo received a strategic investment from Tether. This investment aimed to enhance ZenGo's blockchain-agnostic capabilities and integrate support for Tether's stablecoins, facilitating easier storage and transactions for its over 1.5 million users.

Who were the lead investors in ZenGo's Series A funding round?

ZenGo closed a Series A round in April 2021, led by Insight Partners and joined by Distributed Global. The funding was intended to expand financial services, asset support, and further develop its Keyless Wallet security technology.

What was a notable partnership announced by ZenGo?

In June 2021, ZenGo announced plans to issue a credit card in collaboration with Visa. This partnership aimed to simplify the process of holding and transacting with cryptocurrencies.

When did ZenGo appoint a new Chief Product Officer?

In June 2022, ZenGo appointed Michael-David Fiszer as Chief Product Officer. Fiszer, previously a senior member of Waze's product leadership team at Google, joined to help expand ZenGo's customer base and deliver an outstanding product experience.