Delta
Delta was a Ghent-based cryptocurrency and investment portfolio tracker app founded in 2017 by Lorenz Bogaert, Nicolas Van Eenaeme, and Nicolas Van Hoorde, acquired by eToro in November 2019.
Delta was founded in 2017 and launched on 1 October 2017 as a cryptocurrency portfolio tracking application. The app aggregated positions across 6,000+ crypto assets and 180+ exchanges, giving retail investors a unified view of their holdings. By the time of its acquisition, the app had 1.5 million downloads and hundreds of thousands of active monthly users.
Co-founders included Lorenz Bogaert and Nicolas Van Eenaeme of the Massive Media and StarApps network, alongside Nicolas Van Hoorde, who served as CEO. The team was based in Ghent, Belgium.
eToro, the global multi-asset investment platform, acquired Delta in November 2019 for approximately $5M. The Delta team continued operating from Belgium as part of eToroX, eToro's crypto division. Post-acquisition, the product broadened beyond crypto to cover stocks, funds, and other asset classes, becoming a general investment tracker.
The acquisition is notable as one of the earlier Belgian Fintech exits in the crypto space, predating the broader wave of Belgian crypto exits in the 2020s.
Key People
Lorenz Bogaert - co-founder, serial entrepreneur, angel investor- Nicolas Van Eenaeme - serial founder, angel investor
In the media3
Netlog co-founder Lorenz Bogaert (StarApps) shares how pivoting saved every company he built, why selling a company is the hardest thing an entrepreneur does, and why Belgium's envy culture holds back tech entrepreneurship.
Serial entrepreneur Lorenz Bogaert (Netlog, Twoo, StarApps) explains his venture studio playbook: validate before incorporating, keep teams under 50 people, bet on resilient founders, embrace founder-led sales and compliance-by-design, and let go once the venture flies.
Serial entrepreneur Lorenz Bogaert (Netlog, Twoo, StarApps) shares hard lessons on funding mistakes, founder exits, the 2008 Netlog deal that collapsed, startup studios, Ghent's 'mafia' ecosystem, and his dream of a Belgian tech IPO.