NAGA Group

EQS-News: NAGA’s Shareholders approve the merger with CAPEX.com with a positive vote of 99.81%

Retrieved on: 
Friday, May 3, 2024
Ecosystem, XETRA, Markets.com, AI, App, Pătrașcu, Shareholder, EGM, Supervisory board, Acquisition, Marketing, Super-app, NAGA Group

NAGA’s EGM on April 12th approves the merger with CAPEX.com with a strong confidence vote.

Key Points: 
  • NAGA’s EGM on April 12th approves the merger with CAPEX.com with a strong confidence vote.
  • This move is expected to significantly boost the company's market share and strengthen its position in the competitive financial technology landscape.
  • Securing this vote will allow us, after the regulatory approvals for the merger, to execute the new business plan.
  • After the merger, NAGA will be able to draw from the broader talent pool and local presence offered by the 9 local CAPEX offices.

NAGA’s Shareholders Approve the Merger With CAPEX.com With a Positive Vote of 99.81%

Retrieved on: 
Monday, April 22, 2024
Software, Personal Finance, Cryptocurrency, Finance, Professional Services, Technology, Apps, Applications, Fintech, Ecosystem, XETRA, Markets.com, AI, App, Pătrașcu, Shareholder, EGM, Supervisory board, Acquisition, Marketing, Super-app, NAGA Group

Key highlights from his presentation include:

Key Points: 
  • Key highlights from his presentation include:
    Market Expansion: Detailed plans to propel NAGA into new and untapped markets, broadening the company's global footprint and harnessing new customer segments.
  • This move is expected to significantly boost the company's market share and strengthen its position in the competitive financial technology landscape.
  • Securing this vote will allow us, after the regulatory approvals for the merger, to execute the new business plan.
  • After the merger, NAGA will be able to draw from the broader talent pool and local presence offered by the 9 local CAPEX offices.

CAPEX.com Unveils Exciting New Collaboration with Brand Ambassador Zach King

Retrieved on: 
Wednesday, February 14, 2024
Knowledge, Social media, NAGA Group, Magic

ABU DHABI, UAE, Feb. 13, 2024 /PRNewswire/ -- CAPEX.com, a leading fintech company specializing in online trading and investment services, is thrilled to announce its latest collaboration with Brand Ambassador and social media sensation, Zach King.

Key Points: 
  • ABU DHABI, UAE, Feb. 13, 2024 /PRNewswire/ -- CAPEX.com, a leading fintech company specializing in online trading and investment services, is thrilled to announce its latest collaboration with Brand Ambassador and social media sensation, Zach King.
  • Building on the success of its previous collaborations, CAPEX.com introduces its new video featuring Zach King, aimed at empowering traders and investors worldwide.
  • In the "Grab Your #SliceOfTheMarket" video, Zach King brings his magic to the world of trading and investing, showing how easy and exciting it is to spot potential opportunities and trade using CAPEX.com's powerful platform.
  • (Terms and conditions apply)
    "We are thrilled to once again collaborate with Zach King and introduce this exciting video to our global audience," said Octavian Patrascu, founder of CAPEX.com.

EQS-News: NAGA delivers a strong 2023 with EUR 45.5 million revenue and highest EBITDA in the company's history of EUR 7 million

Retrieved on: 
Saturday, January 13, 2024
XETRA, NAGA Group, Cost, News, EUR, Marketing, Cryptocurrency

NAGA delivers over EUR 45.5 million in revenue (FY2022: EUR 57 million)  and achieves a preliminary EBITDA of EUR 7 million (FY2022: - EUR 13.7 million) which is the highest EBITDA in the company's history, marking an impressive turnaround on the bottom line during challenging market conditions.

Key Points: 
  • NAGA delivers over EUR 45.5 million in revenue (FY2022: EUR 57 million)  and achieves a preliminary EBITDA of EUR 7 million (FY2022: - EUR 13.7 million) which is the highest EBITDA in the company's history, marking an impressive turnaround on the bottom line during challenging market conditions.
  • During 2023 NAGA saw over 132,000 account openings (FY22: 243,000) and more than 9.2 million trades (FY22: 8.6 million) whereof 4.8 million were copy trades (FY22: 3.5 million.
  • As a result all unique user metrics have shown a strong uptrend with higher average activity, deposit size and lifetime value.
  • Marketing expenses stood at EUR 5.5 million (FY2022: EUR 28.5 million), leading to the best ever gross Cost Per Acquisition of EUR 447 (FY22: EUR 1510) per new capitalized trading account.

EQS-News: The NAGA Group AG: NAGA repays majority of convertible bonds; launches first SaaS White-label for Kuwaiti brokerage and starts “NAGA Communities” feature

Retrieved on: 
Thursday, October 26, 2023
Social media, ISIN, Internet celebrity, EBITDA, NAGA Group, Engineering, Telegraphy, NAGA, Partnership, White, XETRA, Communication, Software as a service, Security (finance)

The NAGA Group AG: NAGA repays majority of convertible bonds; launches first SaaS White-label for Kuwaiti brokerage and starts “NAGA Communities” feature

Key Points: 
  • The NAGA Group AG: NAGA repays majority of convertible bonds; launches first SaaS White-label for Kuwaiti brokerage and starts “NAGA Communities” feature
    The issuer is solely responsible for the content of this announcement.
  • A further, new revenue stream will thereby be added with the SaaS vertical generating platform fees as well as transaction based and volume-driven income.
  • NAGA repaid the majority of the convertible bonds and renegotiated terms for its outstanding convertible bonds issued in April 2023.
  • The holder of the remaining convertible bonds is not exercising the conversion right, so that no equity dilution for existing shareholders will occur.

EQS-News: The NAGA Group AG: NAGA continues profitable growth path reaching 15% EBITDA for the first nine months of 2023 from its brokerage business  

Retrieved on: 
Tuesday, October 17, 2023
News, Acquisition, Committee on Capital Markets Regulation, NAGA Group, NAGA, EUR, Bank statement, EBITDA, Capital market, Growth, IR, Marketing, KPI-driven code analysis, Software, ISIN, XETRA, Security (finance), Rare-earth element, Lithium, Cryptocurrency

Furthermore, the Group reported preliminary year-to-date sales of EUR 28.4 million per September 30th 2023 from its brokerage business, delivering an EBITDA ratio of around 15%.

Key Points: 
  • Furthermore, the Group reported preliminary year-to-date sales of EUR 28.4 million per September 30th 2023 from its brokerage business, delivering an EBITDA ratio of around 15%.
  • One of the key factors contributing to this growth is the reduction in operational and marketing costs.
  • The NAGA Group has also expanded its presence in new and emerging markets, capitalizing on the increasing popularity of social investing and e-payments.
  • A notable achievement in the first nine months of 2023 is the highly successful optimization of NAGA's user acquisition strategy.

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

Retrieved on: 
Wednesday, August 9, 2023
NAGA, Natural language processing, Partnership, ETF, Social trading, XETRA, Intelligence, NAGA Group, USP, NLP, Machine learning, Algorithm, ISIN, CIO, AI, News, Mobile phone, Brain

This multilingual capacity not only enhances NAGA user experience but also widens NAGA's global user base.

Key Points: 
  • This multilingual capacity not only enhances NAGA user experience but also widens NAGA's global user base.
  • Implementing Brain's AI into NAGA will further automate our client's journey and lead to the highest degree in personalization.
  • Dan Wagner, CEO of Rezolve , echoed this sentiment, adding, "Our collaboration with NAGA is a testament to our commitment to revolutionising industries with AI.
  • 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

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

Retrieved on: 
Wednesday, August 9, 2023
Apps, Applications, Mobile, Wireless, Technology, NFT, Finance, Fintech, Banking, Professional Services, Cryptocurrency, Artificial Intelligence, NAGA, Natural language processing, Partnership, Social trading, Intelligence, XETRA, NAGA Group, USP, NLP, Machine learning, Algorithm, ISIN, CIO, AI, News, Mobile phone, Video game

Implementing 'Brain’s AI into NAGA will further automate our client’s journey and lead to the highest degree in personalization.

Key Points: 
  • 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.
  • Dan Wagner, CEO of Rezolve, echoes this sentiment, adding, "Our collaboration with NAGA is a testament to our commitment to revolutionising industries with AI.
  • 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 .

EQS-News: The NAGA Group AG: AI 'Brain' Technology by Rezolve Joins Forces with NAGA to Revolutionise Online Payment together with Brokerage Transformation

Retrieved on: 
Wednesday, August 9, 2023
NAGA, Natural language processing, Partnership, Social trading, Intelligence, XETRA, Fintech, NAGA Group, USP, NLP, Machine learning, Algorithm, ISIN, CIO, AI, News, Mobile phone, Cryptocurrency, Video game

Implementing 'Brain’s AI into NAGA will further automate our client’s journey and lead to the highest degree in personalization.

Key Points: 
  • Implementing 'Brain’s AI into NAGA will further automate our client’s journey and lead to the highest degree in personalization.
  • Dan Wagner, CEO of Rezolve, echoes this sentiment, adding, "Our collaboration with NAGA is a testament to our commitment to revolutionising industries with AI.
  • 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.

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

Retrieved on: 
Wednesday, August 9, 2023
NAGA, Natural language processing, Partnership, ETF, Social trading, XETRA, Intelligence, NAGA Group, USP, NLP, Machine learning, Algorithm, ISIN, CIO, AI, News, Mobile phone, Brain

This multilingual capacity not only enhances NAGA user experience but also widens NAGA's global user base.

Key Points: 
  • This multilingual capacity not only enhances NAGA user experience but also widens NAGA's global user base.
  • Implementing Brain's AI into NAGA will further automate our client's journey and lead to the highest degree in personalization.
  • Dan Wagner, CEO of Rezolve , echoed this sentiment, adding, "Our collaboration with NAGA is a testament to our commitment to revolutionising industries with AI.
  • 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