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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
NAGA announces merger with trading app Capex.com
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Warburg and GBC AG recommend “BUY” and see significant price potential in the NAGA share
21.11.2023 / 15:00
Average Upside potential of 85% to current share price NuWays AG resumes coverage and gives HOLD rating Analysts highlight clear improvement of NAGAs profitability and expansion plans
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NAGA repays majority of convertible bonds; launches first SaaS White-label for Kuwaiti brokerage and starts “NAGA Communities” feature
25.10.2023 / 09:40
Alongside positive EBITDA developments in the past quarters, NAGA has repaid majority of outstanding convertible bonds NAGA proceeds with adding SaaS product to global business, launching first white label partner New communities feature will allow super-influencers to run their branded version of NAGA
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NAGA continues profitable growth path reaching 15% EBITDA for the first nine months of 2023 from its brokerage business
05.10.2023 / 09:55
EUR 28.4 million revenue from brokerage business and EUR 4.2 million EBITDA demonstrating NAGAs ability to become a profitable FinTech.
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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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