eToro partners with Lean to launch instant AED bank transfers in UAE

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Trading and investing platform eToro has partnered with Lean Technologies, a UAE-regulated fintech infrastructure provider, to enable instant AED bank transfers for its customers in the UAE.

The partnership makes eToro one of the first global multi-asset investment platforms in the country to use open-banking technology for secure, real-time AED funding. By linking their eToro accounts to local banks, UAE-based users can now deposit funds within seconds, without leaving the app. The move eliminates the need to enter card details or switch between apps, reducing friction and the risk of manual errors.

“We’re proud to be one of the first global investing platforms to bring instant bank transfers to customers in the UAE,” said Doron Rosenblum, EVP Business Solutions at eToro. “Open banking is a powerful innovation that’s transforming how people move and manage their money. By integrating this capability, our users will benefit from a faster, easier, and safer funding experience.”

George Naddaf

George Naddaf, Managing Director at eToro MENA, added that both eToro and Lean are regulated by Abu Dhabi Global Market (ADGM). “The partnership reinforces eToro’s commitment to working with trusted, locally regulated partners while supporting the UAE’s fast-growing fintech ecosystem,” he said.

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Omar Hamada, VP of Sales & Partnerships at Lean Technologies, highlighted the impact of the integration: “Our partnership with eToro ensures their customers in the UAE can fund their accounts instantly and securely, without the friction or cost of traditional payment methods.”

The new feature builds on eToro’s broader localization efforts in the region, including its Abu Dhabi office, the addition of Abu Dhabi Securities Exchange and Dubai Financial Market stocks, and the integration of UAE PASS for onboarding.

As part of the launch, eToro is offering UAE customers zero conversion fees on AED-to-USD deposits made via instant bank transfer until December 31, 2025.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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