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AAP
AAP
Derek Rose

EXPLAINED: Etoro to blast off with superannuation app spaceship | Vintage Vibes

Spaceship chief executive Andrew Moore says joining forces with eToro will unlock new opportunities. (Supplied/AAP PHOTOS)

Israel-based social trading and investment platform eToro has acquired the Mike Cannon-Brookes backed Australian superannuation app Spaceship in a deal worth up to $80 million.

The acquisition will strengthen eToro's footprint in a key market for the business, eToro said on Thursday, while also broadening its product offering to include superannuation as it expands its focus into long-term savings.

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