Superhero and Swyftx set to merge by early 2023

By Maria Gil · · 1 min read
Fact Checked
Advertiser disclosure
woman checking her ipad for good deals on shares

Fintechs Superhero and Swyftx have announced their intention to merge into a $1.5 billion digital and traditional finance giant.

Superhero is a low cost ASX share trading and superannuation platform with more than 200,000 users and a 2022 Share Trading Mozo Experts Choice Award winner. Swyftx is a cryptocurrency exchange app that has access to more than 300 currencies and has more than 600,000 users. 

Swyftx’s co-founder Alex Harper said of the deal: “The proposed merger represents a significant step for both businesses in terms of their evolution from disruptive tech players into a single, major financial institution that can grow across domestic and international markets.”

Now users of the apps will have access to decentralised and traditional finance, share trading, cryptocurrencies and superannuation.

“We are thrilled to announce this merger and offer our customers the opportunity to invest in traditional and digital assets across a single platform,” said Superhero’s co-founder, John Winters.

Even though the two fintech companies have announced a merger, the two apps will continue to run as separate platforms but will begin to offer their combined services to all their customers.

Are you thinking about getting into share trading? Before you start your journey, be sure to do some extra reading on some of the best share trading platforms as named by our 2022 Mozo Experts Choice Awards. Alternatively, you can start exploring share trading accounts below.

Share account comparisons on Mozo

Mozo may receive payment if you click products on our site. Mozo does not compare the entire market.
Last updated 12 December 2024Important disclosures
  • Loading SVG...
    Share Investing

    Standard

    Small trade brokerage
    Monthly fee
    $0.00
    $0.00

    CMC Markets Invest makes it easy to trade with a handy web and mobile platform, competitive pricing and thousands of securities. Buy Australian and US shares from $0 brokerage (T&Cs apply - see website for full details).

    Go to site
    Details
  • Loading SVG...
    Share Trading

    Small trade brokerage
    Monthly fee
    $3.00
    $0.00

    Trade more than 22,000 shares, ETFs and options across the Australian, US and Hong Kong markets on the moomoo Australia platform. And only pay from A$3 for local CHESS-sponsored trades and US$0.99 for all US trades. Other fees apply. Earn up to 6.8% p.a. introductory rate for 30 days, applicable to up to AU$80,000 on uninvested cash, and get 10 free stocks with eligible deposits (T&Cs apply)

    Go to site
    Details
  • Share Trading

    Small trade brokerage
    Monthly fee
    $7.70
    $0.00

    Buy and sell with a low $7.70 flat fee per trade and access to all ASX Shares and ETFs to invest in with GO Markets. Enjoy dedicated local customer support, a regulated Australian company for trading ASX Shares and ETFs. Plus, enjoy $0 Brokerage on your next 15 trades! (T&Cs apply).

    Go to site
    Details
  • Share Trading

    Small trade brokerage
    Monthly fee
    -
    $0.00

    5000+ stocks and 19 exchanges all on the eToro app. Invest in ETFs with $0 commission and stocks with just US$2 per trade. Join the world’s leading social trading platform, trusted by 30+ million users worldwide.

    Go to site
    Details
  • Tiger Account

    Small trade brokerage
    Monthly fee
    $2.99
    $0.00

    Tiger Brokers is an online broker listed on NASDAQ. It offers access to US, ASX & HK stocks, ETFs and US options trading. Mozo special offer for new users only: 7% p.a. on uninvested cash balance up to AUD $100,000 for the first 30 days, with a value up to AUD $575. Plus receive US$30 NVIDIA (NVDA) fractional shares with an accumulated deposit of at least AUD $2,000 within 7 days of the first deposit. T&Cs apply – for full details, go to the Tiger Brokers website.

    Go to site
    Details

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

Compare online brokers