eToro has partnered with Generali to launch pension and insurance products in France.

According to a report from Financefeeds on May 19, Deep Tide TechFlow announced that the crypto assets and stock trading platform eToro has partnered with insurance company Generali to launch life insurance and retirement savings products in the French market. This collaboration will be carried out through eToro’s newly established subsidiary eToro Patrimoine in France, marking the platform’s strategic expansion towards offering regulated savings products.

The newly launched products include Retirement Savings Plans (PER) and Life Insurance, allowing users to choose from over 500 investment tools, including mutual funds, ETFs, stocks, euro-denominated funds, and fixed-term bond products. Users can select euro-denominated funds with capital protection or choose higher-yielding portfolios based on their personal risk preferences.

eToro Patrimoine President Julien Nebenzahl stated that this cooperation will strengthen the company’s positioning in the French market and help retail investors build a long-term wealth growth portfolio.