NAGA Group explained

The NAGA Group AG
Type:Public
Industry:Fintech
Founded:2015
Founder:Benjamin Bilski

NAGA Group is a German fintech company that provides an investing app with an inbuilt social network.[1] The company's headquarters is located in Hamburg, Germany.[2] [3] It was listed on the Frankfurt Stock Exchange in 2017.[4] The NAGA Group AG is the holding company of NAGA Markets Europe Ltd, NAGA Technology GmbH, and NAGA Global Ltd.[5]

History

NAGA was founded by Benjamin Bilski, a former professional German swimmer, and Yasin Sebastian Qureshi in Germany in 2015.[6]

In 2017, NAGA Group AG was listed on the Frankfurt Stock Exchange,[7] [8] and was included in the list of Red Herring 100 2017 Winners.[9] The German magazine Capital.de criticized NAGA's ICO process right after its initial public offering (IPO) in 2017, saying that it was made possibly in a hurry and was quite quick.[10]

Fosun International, a Chinese holding company, is a shareholder of NAGA since 2017.[11] [12]

In 2021, the company launched NAGA Pay, a mobile banking and investing app that combines an IBAN account, a VISA debit card, a share deposit, copy trading, and physical crypto wallets.[13]

NAGA Group AG develops a social investing platform (with 1 million users), crypto platform and a mobile banking and investing app.[14]

In October 2022, The NAGA Capital Ltd obtains a Seychelles license.[15]

Notes and References

  1. Web site: Periódico . El . 2021-11-26 . NAGA, el ‘broker’ digital que ha captado la atención de los inversores de la UE . 2022-11-16 . elperiodico . es.
  2. Web site: Horntrich . Markus . The NAGA Group: Der Neue Markt ist zurück . 2022-11-16 . www.deraktionaer.de . de-de.
  3. Web site: Der merkwürdige Naga-ICO . 2022-11-16 . capital.de . de.
  4. News: Henke . Judith . 2022-07-09 . Die Netz-Checkerin: Wie ein Influencer für spekulative Kurswetten wirbt . de . DIE WELT . 2022-11-16.
  5. Web site: 2022-10-05 . NAGA REVIEW 2022: IS NAGA A GOOD BRAND? . 2022-11-16 . Finance Feeds.
  6. Web site: Yasin Sebastian Qureshi . 2023-11-23 . qureshi.de.
  7. News: Henke . Judith . 2022-07-09 . Die Netz-Checkerin: Wie ein Influencer für spekulative Kurswetten wirbt . de . DIE WELT . 2022-11-16.
  8. Web site: Aitken . Roger . Blockchain Funding: How It Can Help Companies Win The Innovation Race . 2022-11-16 . Forbes . en.
  9. Web site: 2017 Red Herring Europe: Winners . 2022-11-16 . Red Herring . en-US.
  10. Web site: Der merkwürdige Naga-ICO . 2022-11-16 . capital.de . de.
  11. Web site: 2022-01-13 . Análisis Naga Broker Comisiones, Seguridad, Plataforma y Productos . 2022-11-16 . Rankia . es-es.
  12. Web site: The NAGA Group AG: Christian Angermayer's Apeiron Investment Group and Fosun Join Forces to Further Drive NAGA Growth . 2022-11-16 . FinanzNachrichten.de . de.
  13. Web site: NAGA Pay partners with Contis . 2022-11-16 . thepaypers.com . en.
  14. News: Pradhan . Dipen . 2022-09-05 . NAGA Platform Review 2022 . 2022-11-16.
  15. Web site: MarketScreener . The NAGA Group AG obtains Seychelles license and signs LOI for a Joint Venture to launch Brazilian crypto platform MarketScreener . 2022-11-16 . www.marketscreener.com . en.

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