Zengo vs Trust Wallet
short answerBoth are web3-native neobanks. Trust Wallet pays yield on balances. Compare custody, license, FX markup and fees field by field below.
Zengo: MPC wallet, no seed phrase; acquired by eToro (Apr 2026).
Trust Wallet: 140M+ installs; Binance-linked self-custody.
Side by side
| Zengo | Trust Wallet | |
|---|---|---|
| Category | web3-native | web3-native |
| Audience | general | general |
| HQ | Tel Aviv, IL | — |
| Founded | 2018 | 2017 |
| Custody | MPC self-custodial | Self-custodial |
| Regulation | Self-custodial software | Self-custodial software |
| License detail | MPC self-custody; no seed phrase | — |
| Card | No card | No card |
| Cashback | — | — |
| Yield | — | Staking |
| FX markup | — | — |
| Services | crypto on-ramp, crypto off-ramp | crypto on-ramp, crypto off-ramp |
| Stablecoins | Yes | Yes |
| KYC | No | No |
| Regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Reported users | 2M users (2026) | — |
go deeperFull profiles: Zengo · Trust Wallet — or run your own comparison of up to four in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.