eToro Acquires Australian Investing App Spaceship

Spaceship was popular on here in the past, but perhaps less so the last few years. It has now been sold to eToro for ~$80m AUD.

https://www.financemagnates.com/fintech/etoro-acquires-austr…

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Comments

  • +1

    I guess Spaceship's multiple increase of fees + increase of referral bonus over the past year were just getting ready to be acquired.

    • Yes, the hikes in fees made me withdraw my investments from Spaceship. Looks like enough customers stayed to make SS a viable takeover target. I won't be returning myself.

  • yee intresting to see them branching into the superannuation sector

  • +2

    You have to be stupid to continue using Spaceship.

    And now to complete the picture you have a snake of a company running a rat company offering cat shit rolled up with dog shit.

    Yes some people "made" money on Spaceship but that's just fallacy of causation/correlation. You could've bought Nvidia straight up as well and "made" money.

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