NAGA Group

The NAGA Group AG
Company typePublic
FWB: N4G
ISINDE000A161NR7
IndustryFintech
Founded2015
FounderBenjamin Bilski
Websitewww.naga.com

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]

References

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


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