Nagas

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.

Retrieved on: 
Tuesday, December 19, 2023
Professional Services, Apps, Applications, Technology, Finance, Software, Fintech, Crypto, XETRA, Sale, Research, Acquisition, Nagas, USD, COGS, Growth, CFD, Bank

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.

Key Points: 
  • 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.
  • With a collective user base of 1.5 million worldwide, the newly merged company is projected to generate over USD 250 million in revenue over the next three years.
  • Capex.com is a global regulated, fast growing (80% CAGR over the past three years) FinTech platform with licenses in Europe and Abu Dhabi.
  • The joint entities will operate 8 licenses globally, and this year are estimated to generate USD 90 million in joint revenue with an EBITDA of USD 6.5 million.

EQS-News: 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.

Retrieved on: 
Wednesday, December 20, 2023
Crypto, Sale, EBITDA, Acquisition, Research, Fintech, Nagas, EBITA, XETRA, CFD, USD, Growth, ISIN, COGS, Pharmaceutical industry, Security (finance), Bank, Cryptocurrency, Capital expenditure, Key, MENA

Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond.

Key Points: 
  • Octavian Patrascu, the Founder of Capex, is to personally inject USD 9 million into the company via a convertible bond.
  • 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.
  • With a collective user base of 1.5 million worldwide, the newly merged company is projected to generate over USD 250 million in revenue over the next three years.

EQS-News: The NAGA Group AG obtains Seychelles license and signs LOI for a Joint Venture to launch Brazilian crypto platform

Retrieved on: 
Wednesday, October 12, 2022
Crypto, Adoption, Pressure, Financial technology, VISA, Mission statement, Efficiency, Growth, XETRA, NAGA, Nagas, Founder CEO, Investment, EUR, ISIN, CEO, Ecosystem, Intention, Joint venture, Management, Environment, Fiat, Letter, E&Y, Cryptocurrency, Bank

NAGA is pleased to announce that it has received a financial license from the Seychelles regulator to accelerate its global business.

Key Points: 
  • NAGA is pleased to announce that it has received a financial license from the Seychelles regulator to accelerate its global business.
  • We have been working for several months on this license and are happy to get it operational in Q4, says Benjamin Bilski, Founder & CEO of NAGA.
  • Guide Investimentos isone of thelargest digital asset management platforms in Brazil and owned by the FOSUN group.
  • NAGAX and Guide have signed a Letter of Intent to launch a Joint Venture to offer a crypto trading platform in Brazil using the capabilities of NAGAX for spot and staking of crypto assets.

DGAP-News: The NAGA Group AG sees strongest monthly profitability in April with more efficient user acquisition through increased brand awareness. Already more brokerage sales than in the first half of 2021.

Retrieved on: 
Tuesday, May 24, 2022
NAGA, EBITDA, Nagas, ISIN, EUR, Investment, Fiat, Marketing, Awareness, XETRA, Blockchain, Ecosystem, Adoption, NFT, Cryptocurrency, VISA, Acquisition, CEO, Financial services, Online gambling

The NAGA Group AG sees strongest monthly profitability in April with more efficient user acquisition through increased brand awareness.

Key Points: 
  • The NAGA Group AG sees strongest monthly profitability in April with more efficient user acquisition through increased brand awareness.
  • NAGA sees strongest monthly profitability in April to date with more efficient user acquisition funnels through increased brand awareness.
  • Hamburg, 19th May 2022 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo brokerage NAGA, the Cryptocurrency platform NAGAX and neobanking app NAGA Pay, releases a preliminary trading update for April and reports its strongest monthly profitability to date.
  • In April, preliminary brokerage revenue amounted to EUR 7 million, while preliminary EBITDA stood at EUR 3.6 million.

The NAGA Group AG delivers EUR 55,3 million Group revenue beating FY 2021 guidance and announces the world's first Web3 crypto social trading platform NAGAX

Retrieved on: 
Thursday, January 13, 2022
Mobile, Wireless, Technology, Finance, Banking, Other Technology, Professional Services, Software, Hardware, Data Management, Other Professional Services, Ethereum, Crypto, Consolidated, EBITDA, Cryptocurrency, CET, ISIN, Knowledge, NAGA, Growth, Binary relation, Nagas, CEO, Acceleration, Industry, NFT, EUR, Marketing, XETRA, VISA, Investment, Video game, Decentralized finance

Consolidated group revenue more than doubled to around EUR 55.3 million compared to previous year (2020: EUR 24.4 million).

Key Points: 
  • Consolidated group revenue more than doubled to around EUR 55.3 million compared to previous year (2020: EUR 24.4 million).
  • The strong growth is underlined by a record EBITDA of EUR 12.8 million, which is also almost a doubling compared to 2020 (EUR 6.6 million).
  • Furthermore, NAGA reports that over 277,000 new accounts joined its trading platform, a 128% increase compared to last year (2020: 122,000 new accounts).
  • In addition, NAGA executed more than 10 million real-money transactions, an increase of 60% compared to 2020 (6.3 million).

DGAP-News: The NAGA Group AG delivers EUR 55,3 million Group revenue beating FY 2021 guidance and announces the world's first Web3 crypto social trading platform NAGAX

Retrieved on: 
Thursday, January 13, 2022
Ethereum, Crypto, Consolidated, EBITDA, Cryptocurrency, CET, Knowledge, ISIN, NAGA, Growth, Binary relation, Nagas, CEO, EV/Ebitda, Acceleration, Industry, NFT, EUR, Marketing, XETRA, VISA, Investment, Film, Video game, Decentralized finance

Consolidated group revenue more than doubled to around EUR 55.3 million compared to previous year (2020: EUR 24.4 million).

Key Points: 
  • Consolidated group revenue more than doubled to around EUR 55.3 million compared to previous year (2020: EUR 24.4 million).
  • The strong growth is underlined by a record EBITDA of EUR 12.8 million, which is also almost a doubling compared to 2020 (EUR 6.6 million).
  • Furthermore, NAGA reports that over 277,000 new accounts joined its trading platform, a 128% increase compared to last year (2020: 122,000 new accounts).
  • In addition, NAGA executed more than 10 million real-money transactions, an increase of 60% compared to 2020 (6.3 million).

DGAP-News: The NAGA Group AG hosts capital markets day on 13 December 2021 with Christian Angermayer and Mike Novogratz as guest speakers

Retrieved on: 
Thursday, December 2, 2021
Feed, NFT, VISA, Cryptocurrency, NAGA, Messenger, Capital market, XETRA, Supervisory board, ISIN, Nagas, Security (finance)

Hamburg, 02 December 2021 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for trading, cryptocurrencies and payments NAGA.com, will host a virtual capital markets day on

Key Points: 
  • Hamburg, 02 December 2021 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for trading, cryptocurrencies and payments NAGA.com, will host a virtual capital markets day on
    Registration to our Capital Markets Day:
    The event will be held online and hosted by NAGAs CEO Benjamin Bilski.
  • Ben will amongst others provide a trading update, present the recently announced revised guidance and discuss upcoming milestones for the year to come.
  • NAGA shareholder and Supervisory Board Member Christian Angermayer as well as one of the world's most famous personalities in the digital assets industry, Mike Novogratz will join as guest speakers to discuss recent developments in the broader crypto and NFT space.
  • NAGA is an innovative ntech company that has developed a socially enhanced nancial system that creates a unied and seamless experience across personal nance and investing.

DGAP-News: The NAGA Group AG raises EUR 34 million in its largest funding round to date and announces new software as a service as growth driver

Retrieved on: 
Monday, November 22, 2021
Founder CEO, CEO, Technology, Time, Software as a service, Acquisition, Group, Cryptocurrency, Budget, XETRA, Software, ISIN, Feed, NFT, NAGA, Messenger, Element, Nagas, VISA, Growth, Intelligence, Video game, Marketing

Hamburg, 22th November 2021 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for trading, cryptocurrencies and payments NAGA.com, announces its largest equity financing round to date.

Key Points: 
  • Hamburg, 22th November 2021 - NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for trading, cryptocurrencies and payments NAGA.com, announces its largest equity financing round to date.
  • Especially regarding our geographical expansion plans, we are planning to look into strategic M&A opportunities", said Benjamin Bilski, Founder & CEO of NAGA.
  • Bilski adds: "The investing landscape is shifting towards mobile-led platforms that offer an inclusive product offering, attractive pricing and an exciting user experience.
  • We are committed to expand NAGAs services, grow our community and become one of the leading investing platforms globally."