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NAGA announces merger with trading app Capex.com. Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond, setting the stage for a strategic merger between Capex.com and NAGA.
19.12.2023 / 11:30
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AI 'Brain' Technology by Rezolve Joins Forces with NAGA to Revolutionise Online Payment together with Brokerage Transformation
09.08.2023 / 09:00
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.
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NAGA reports a profitable first half year and a reduction in cost base. EUR 19.5 million revenue and EUR 2.3 million preliminary EBITDA for HY1 2023.
11.07.2023 / 13:10
NAGA is pleased to announce a successful first half year, with revenue of EUR 19.5 million and preliminary EBITDA of EUR 2.3 million for HY1 2023. This marks a significant improvement in performance, with a significant reduction in costs compared to HY1 2022.
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Letter from our Group CEO
10.07.2023 / 10:00
NAGA has crossed many milestones in the last 3 years: by year-end 2022, we had welcomed more than 90,000 customers on our platforms, delivered in 2021 (2022 figures to follow shortly) revenue growth to EUR 53 million, up from EUR 7.6 million in 2019 yielding a 690% growth, and extended our market share despite aggressive competition as well as a tightening regulatory framework.
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NAGA expands and aligns management team to continuation of global growth
19.06.2023 / 13:00
Michael Milonas to assume role of Group CEO (Chief Strategy Officer) with Benjamin Bilski further focusing on technology as Chief Information Officer and Sam Chaney joins NAGA as Chief Commercial Officer (CCO) to drive global growth in emerging markets.
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NAGA reports a profitable first quarter and growing user base. EUR 11.6 million revenue and EUR 1.7 million EBITDA for Q1 2023
04.04.2023 / 12:05
The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo- banking app NAGA Pay, is publishing its preliminary unaudited Q1 2023 figures.
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NAGA group starts profitable into 2023
09.02.2023 / 12:35
NAGA Group AG, operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo- banking app NAGA Pay, is pleased to publish a year to date trading update.
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NAGA grows amid difficult market environment: restructuring and strategy implementation bear fruit
30.12.2022 / 10:00
NAGA Group AG (XETRA: N4G, ISIN:  DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform  NAGAX and the neo-banking app NAGA Pay, has strengthened its position in a very  difficult market for neo-brokers in 2022 via extensive structuring measures and a  targeted strategy shift and plans to return to profitability in the first half of 2023.
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NAGA obtains Seychelles license and signs LOI for a Joint Venture to launch Brazilian crypto platform whilst achieving a group-wide positive operating cash flow in September
12.10.2022 / 12:00
NAGA Group AG, operator of the neobroker NAGA, the cryptocurrency platform NAGAX and the neobanking app NAGA Pay, reports several positive developments in licensing, partnerships and its operational performance. Learn about NAGA's financial license from the Seychelles regulator, NAGAX and Guide Investimentos' partnership to launch a crypto platform in Brazil, and NAGA's cost restructuring efforts. Get all the latest updates on NAGA Group AG's progress and developments in the fintech industry.
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NAGA reports customer growth as costs continue to be reduced
02.09.2022 / 13:00
NAGA Pay and Contis by Solaris launch a VISA-approved card program that allows users to spend both fiat and cryptocurrency at point of sale. NAGA management also reports positive developments in customer growth and cost reduction efforts, and announces the release of audited financial statements in September 2022.
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