AI 'Brain' Technology by Rezolve Joins Forces with NAGA to Revolutionise Online Payment together with Brokerage Transformation

09.08.2023 / 09:00

London and Hamburg, August 9th, 2023 - Frankfurt listed, German Fintech company The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the All-in-One Financial Super App, announces a ground-breaking partnership with Rezolve AI Limited. The integration of Rezolve's AI platform, 'Brain', into NAGA's proprietary technology and its social trading app, 'NAGA Trader’ as well as ‘NAGA Pay’ is set to redefine NAGA current and new users experience, provide real time personalised and intelligent market analysis, enhance trading proficiency as well as automate payments across multi languages.

NAGA provides an online social trading platform (both Web and App) for Social Trading, allowing its users to invest in different assets such as currencies, stocks, ETF’s, commodities and crypto all together with its own unique ePayments solution. Rezolve’s 'Brain', with its advanced AI algorithms, machine learning, and its NLP engine (natural language processing) capabilities, will enhance NAGA’s ability to offer NAGA users a unique AI experience that is set to revolutionise the traditional way of experiencing online social trading and mobile payments.

NAGA users will be able to converse with 'Brain' in any one of 95 languages, as naturally as communicating in real time to a human stockbroker over the phone. They can gain a deep understanding and personalise market trends and insights, receive invaluable guidance for making smart investment decisions, and learn how to optimally use NAGA's social trading platform. This multilingual capacity not only enhances NAGA user experience but also widens NAGA’s global user base.

Benjamin Bilski, CIO of NAGA comments: “The timing for this partnership is just perfect. We have been preparing our data infrastructure and indexing capabilities to plug it in with advanced AI language models for months and using 'Brain' transforms our vision into reality. Implementing 'Brain’s AI into NAGA will further automate our client’s journey and lead to the highest degree in personalization. Users will intuitively understand NAGA social trading platform and their own trading performance better than ever before. In addition, NAGA’s unique social graph allows traders to benchmark their performance with other traders automatically. From this day on, our ability to connect real-time market data, economic events, and news intelligently with our users’ portfolios, positions us and gives us a genuine USP over competitors.”

Michael Milonas, CEO of NAGA, expresses his enthusiasm about this partnership, stating: "By integrating Rezolve's 'Brain' into NAGA, we are enhancing our platform with unprecedented intelligence and accessibility. This is a significant step towards our mission to build a truly unique, global, tech based and now AI driven financial All-in-All Super App that is second to none and in doing that, strive to deliver shareholder value. The future is truly, NAGA!"

Dan Wagner, CEO of Rezolve, echoes this sentiment, adding, "Our collaboration with NAGA is a testament to our commitment to revolutionising industries with AI. With 'Brain’s integration, NAGA users can engage in intuitive, conversation-based interactions, unlocking insights and making data-driven decisions. We're excited about setting a new standard in the online trading landscape."

The introduction of Rezolve’s 'Brain' into NAGA social trading platform marks an exciting development in the fintech sector, as AI and human insights converge to offer superior multilingual trading experiences.

For more information about NAGA and its use of Rezolve's 'Brain', which is expected to go live in Q4 2023, please visit www.group.naga.com

Sign up for newsletter 📨
Press contact
Andreas Luecke
The NAGA Group AG
ir@naga.com
Download PDF
Also available in German
Share the article:
Never miss an update!
Subscribe to our investor newsletter

The content of our pages has been created with the utmost care. However, we cannot guarantee the content’s accuracy, completeness or topicality. According to statutory provisions, we are furthermore responsible for our own content on these web pages. In this context, please note that we are accordingly not obliged to monitor merely the transmitted or saved information of third parties, or investigate circumstances pointing to illegal activity. Our obligations to remove or block the use of information under generally applicable laws remain unaffected by this as per 8 to 10 of the Telemedia Act (TMG).

Responsibility for the content of external links (to web pages of third parties) lies solely with the operators of the linked pages. No violations were evident to us at the time of linking. Should any legal infringement become known to us, we will remove the respective link immediately.

Our web pages and their content are subject to German copyright law. Unless expressly permitted by law (§ 44a et seq. of the copyright law), every form of utilizing, reproducing or processing works subject to copyright protection on our web pages requires the prior consent of the respective owner of the rights. Individual reproductions of a work are allowed only for private use, so must not serve either directly or indirectly for earnings. Unauthorized utilization of copyrighted works is punishable (§ 106 of the copyright law).

©2024 THE NAGA GROUP AG