Spaceship

What Spaceship does

Spaceship Capital Limited is an Australian fintech founded in 2016 and headquartered in Sydney, operating as a wholly-owned subsidiary of eToro Group Limited following its November 2024 acquisition for up to A$80 million. The company operates a cloud-native, mobile-first financial platform targeting everyday Australian retail investors with three core product lines: Spaceship Voyager, a micro-investing app offering five professionally-managed portfolios (Universe, Earth, Origin, Galaxy, Explorer) with no minimum investment; Spaceship Super, a superannuation fund issued via OneSuper (trustee Diversa Trustees Limited) with four investment options (GrowthX, Global Index, Balanced, Moderate); and a US Investing service providing fractional access to US-listed ETFs and stocks from a A$10 minimum.

The platform is built around key technology integrations rather than proprietary infrastructure: Basiq Pty Ltd provides CDR (Consumer Data Right) banking data access that powers the Boosts automation feature (round-ups, payday boost, budget boost); Alpaca Securities LLC provides US brokerage, clearing, and settlement; Zepto Payments Pty Ltd issues the purchased payment facility holding customer funds; and Diversa Trustees Limited acts as superannuation trustee. There is no disclosed developer-facing API, SDK, or AI/ML capability. Distribution is exclusively digital self-serve via iOS, Android, and web, with growth driven by content marketing (Learn platform, weekly newsletter to 200,000+ Australians), paid digital advertising, and a OneLink-based referral attribution model.

The business model is hybrid subscription plus AUM-based: Voyager charges A$3/month (waived below A$100 portfolio balances) plus 0.15-0.50% pa portfolio management fees; Super charges A$78 flat + 0.42-0.55% admin plus 0.095-0.249% investment fees; US Investing charges A$0-4/month plus 0.70% FX per trade. Combined funds under management surpassed A$1.5 billion (September 2024), with Spaceship Super alone reaching A$1 billion FUM in January 2025 across approximately 20,000 active members. The 45-person Sydney team operates under eToro's ownership while retaining the Spaceship brand.

Name

Spaceship

Legal name

Spaceship Capital Limited

Website

https://www.spaceship.com.au

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Spaceship Capital Limited is an Australian fintech offering micro-investing (Voyager), superannuation (Super), and US Investing products to retail consumers. Now a wholly-owned subsidiary of eToro, it serves over 200,000 Australians with A$1.5 billion+ in combined funds under management.

Ownership category

akta.pro rank

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Spaceship Voyager Subscription Fees: Monthly subscription fee of $3 charged when any Spaceship Voyager portfolio has a balance of $100 or more. Waived entirely ($0/month) when all portfolios have balances below $100. This single monthly fee covers unlimited investments across one, two, or all five portfolios. This is the primary revenue stream and represents a subscription-recurring model.
2. Portfolio Management Fees: Annual percentage-based management fees charged on the net asset value of each Spaceship Voyager portfolio: Universe Portfolio 0.50% pa, Earth Portfolio 0.50% pa, Origin Portfolio 0.15% pa, Galaxy Portfolio 0.35% pa, Explorer Portfolio 0.25% pa. Fees are calculated daily and reflected in unit prices. These fees are in addition to the monthly subscription.
3. Spaceship Super Administration and Investment Fees: Spaceship Super charges administration fees ($78 flat + 0.42-0.55% pa depending on option) and investment fees (0.095-0.249% pa depending on option). These are deducted from member account balances. Spaceship Capital acts as promoter while Diversa Trustees Limited acts as trustee.
4. US Investing Subscription and FX Fees: US Investing service charges $0/month for eligible Spaceship Voyager subscribers who have paid their Voyager monthly fee within the last month; otherwise $4/month. Plus a foreign exchange fee of 0.70% per trade. Allows unlimited trades within the subscription.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Spaceship is an Australian fintech that operates a cloud-native, mobile-first investing platform giving everyday Australians access to professionally managed share portfolios (Spaceship Voyager), a superannuation fund (Spaceship Super), and a US securities trading service with fractional shares (US Investing). Customers can start investing in under five minutes with no minimum, automate contributions via round-ups, and choose from portfolios spanning high-growth thematic, ESG, indexed, and conservative allocations. The company is regulated by ASIC (AFSL 501605) and operates as a wholly owned subsidiary of eToro Group following its November 2024 acquisition.

Product overview

Spaceship is an Australian fintech company offering a multi-product financial platform comprising Spaceship Voyager (a micro-investing app with five professionally managed share portfolios: Universe, Earth, Origin, Galaxy, and Explorer), Spaceship Super (a superannuation fund with four investment options: GrowthX, Global Index, Balanced, and Moderate), and US Investing (a service for buying US-listed ETFs and stocks with fractional share support starting at A$10). Additional features include Boosts for automated micro-savings via round-ups and pay-day investments, First Home Super Saver for FHSS withdrawals, and Spaceship Learn for financial education. The platform operates as a subsidiary of eToro following its acquisition in November 2024.

Differentiator

Problem solved

Functional benefit

Brands

• Spaceship Voyager: Micro-investing app offering professionally-managed investment portfolios including Universe, Earth, Origin, Galaxy, and Explorer portfolios.
• Spaceship Super
• Spaceship US Investing
• Spaceship Universe Portfolio
• Spaceship Earth Portfolio
• Spaceship Origin Portfolio
• Spaceship Galaxy Portfolio
• Spaceship Explorer Portfolio
• Spaceship GrowthX Option
• Spaceship Global Index Option

Products and services

• Spaceship Voyager Micro-investing app for Australian retail investors offering five professionally managed share portfolios (Universe, Earth, Origin, Galaxy, Explorer) with no minimum investment, fractional shares, round-up investing, and automated investment plans. Issued by Spaceship Capital Limited (AFSL 501605).
• Spaceship Super Superannuation fund offering four investment options (GrowthX, Global Index, Balanced, Moderate) focused on long-term retirement savings through diversified global and Australian assets. Issued by Diversa Trustees Limited (AFSL 235153) as trustee of OneSuper, with Spaceship Capital Limited as promoter.
• US Investing Service allowing Australian investors to buy US-listed ETFs and stocks starting from A$10, with fractional share support, unlimited trades under a monthly subscription, and AUD-denominated transactions. Arranged by Spaceship Capital Limited and executed through Alpaca Securities LLC (FINRA/SIPC member).
• Spaceship Galaxy Portfolio Balanced Voyager portfolio combining Where the World is Going growth investments with bonds and cash, targeting approximately 40% shares and 60% bonds/cash with medium risk and a 5-year minimum timeframe.
• Spaceship Explorer Portfolio Conservative Voyager portfolio focused on bonds, cash, and Australian dividend payers with some global share exposure, targeting approximately 20% shares and 80% bonds/cash with low/medium risk and a 3-year minimum timeframe.
• Spaceship Balanced Option (Super) Spaceship Super diversified option blending growth and defensive assets, targeting balanced potential returns and risk with technology and innovation exposure alongside defensive assets. Annual fee: 0.249% investment fee plus A$78 flat + 0.42% pa administration fee.
• Spaceship Moderate Option (Super) Spaceship Super option providing a more equal mix of growth and defensive assets for moderate performance with lower volatility, designed for members seeking moderate returns with a reduced risk profile.
• Distribution Reinvestment Plan (DRP) Opt-in distribution reinvestment plan enabling unitholders of the Spaceship Universe Portfolio and Spaceship Origin Portfolio to automatically reinvest fund distributions as additional units instead of receiving cash.

Quantifiable outcome

• Spaceship Universe Portfolio: 12.94% pa annualised since inception (15 May 2018 to 31 May 2026)
• +9 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Basiq Pty LtdcoreTechnology or Integration · 1 December 2025Basiq Pty Ltd is the Accredited Data Recipient and CDR Representative Principal through which Spaceship participates in Australia's Consumer Data Right framework. Spaceship is a CDR Representative of Basiq. This partnership enables the Boosts feature by allowing Spaceship to access customers' banking data (account, balance, and transaction information) with consumer consent.
• Alpaca Securities LLCcoreTechnology or IntegrationAlpaca Securities LLC is a US broker-dealer (member of FINRA and SIPC) that provides the brokerage infrastructure for Spaceship's US Investing service. Spaceship arranges access to US securities through Alpaca, which handles execution, clearing, and settlement of US trades. TFN is required by Alpaca to open a US Investing account.
• Diversa Trustees LimitedcoreStrategic or Co-development PartnerDiversa Trustees Limited (ABN 49 006 421 638, AFSL 235153) acts as the trustee of OneSuper, the superannuation fund of which Spaceship Super is a sub-plan. Spaceship Capital Limited is the promoter of Spaceship Super. Personal information of Spaceship Super members is only shared with related companies or stored offshore with Diversa's prior consent.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Betashares: Major Australian ETF provider with a direct-to-consumer platform offering diversified portfolio construction via ETFs. Betashares competes with Spaceship's Origin Portfolio on low-cost indexed exposure and offers institutional-grade scale.
• AustralianSuper: Australia's largest superannuation fund by AUM with millions of members. As an industry super fund, AustralianSuper competes for the same Australian retirement savings dollars as Spaceship Super, with significantly lower fees and broader brand reach.
• eToro: Global multi-asset investment platform with 38M+ registered users and the parent company of Spaceship since November 2024. eToro offers social trading, crypto, and stocks/ETFs; Spaceship's integration gives eToro access to Australian superannuation and micro-investing capabilities.
• Vanguard Australia: Global low-cost investment giant with significant Australian superannuation and retail investment offerings. Vanguard's index funds are often the underlying benchmark for Spaceship's Origin Portfolio and Global Index Super option, and it competes for cost-conscious Australian investors.

Direct peers

• Superhero: Australian low-cost trading platform offering ASX and US share trading with subscription-based pricing. Superhero overlaps with Spaceship's US Investing proposition and competes for the same retail Australian investor segment.
• Stake: Australian commission-free trading platform providing access to US and Australian markets with fractional shares and a subscription model. Stake competes directly with Spaceship's US Investing service and shares a similar millennial-focused, mobile-first GTM motion.
• SelfWealth: Australian flat-fee brokerage offering ASX and US share trading with portfolio tools. SelfWealth competes with Spaceship Voyager on the Australian retail investing side with a flat-fee pricing model that mirrors Spaceship's approach.
• Raiz Invest: Australian micro-investing app offering diversified portfolios with round-ups and fractional investing, targeting the same millennial/Gen Z first-time investor demographic as Spaceship Voyager. Raiz is the closest direct competitor in Australia's micro-investing category.

Regional players

• Acorns: US-based micro-investing pioneer operating round-up and diversified portfolio features in the US market. Acorns is the international archetype for the round-up micro-investing model that Spaceship replicates in Australia, making it a useful comparator for the product category even though it does not directly compete in-market.

Emerging players

• Pearler: Australian long-term investing platform with automated exchange-traded fund portfolios targeting passive, buy-and-hold investors. Pearler competes with Spaceship Voyager's Origin and Explorer portfolios for the long-term wealth-building customer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/spaceshipau
• Facebookfacebook.com/SpaceshipAU
• LinkedInlinkedin.com/company/spaceship-au

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spaceship