The NAGA Group AG
- WKN: A161NR
- ISIN: DE000A161NR7
- Land: Deutschland
Nachricht vom 03.03.2020 | 15:30
The NAGA Group AG: Revenue Records in the First Two Months of 2020
DGAP-News: The NAGA Group AG
/ Key word(s): Miscellaneous/Expansion
NAGA: Revenue Records in the First Two Months of 2020
Hamburg, March 3, 2020: NAGA Group, the operator of the digital trading platform NAGA, achieved record results in trading and service fees in January and February 2020. This performance further confirms the growth trend from the fourth quarter of 2019. The growth in revenues is driven by a more than 40% increase in active customers as well as growth in trading volume and transactions.
"In the past two months already, we have exceeded the revenues of the fourth quarter of 2019 and set a new record. We are particularly pleased with the significant growth in active new customers and the increased trading volumes. This makes our platform more stable than ever before", says founder and CEO Benjamin Bilski.
NAGA thus lays the foundation for further sustainable growth in the coming months. One of the success factors in recent months has been a strong focus on customer satisfaction and business development.
Free stock trading with NAGA Stocks
"The official launch of NAGA Stocks has completed our portfolio. We will continue to improve the platform, especially with regard to the user experience for our desktop and mobile apps. Our most popular feature remains the autocopying tool, which allows our users to copy the trades of our best traders in real time".
Office openings in Uruguay, Thailand and China
NAGA is an innovative ﬁntech company that has developed a socially enhanced ﬁnancial system that creates a uniﬁed and seamless experience across personal ﬁnance and investing. Its proprietary platform offers a range of products ranging from trading, investing, and cryptocurrencies to a physical Mastercard and social investing features such as a Feed, a Messenger and Auto-Copy. NAGA is a synergistic all-in-one solution that's accessible and inclusive, and that provides a better way to trade, invest, connect, earn, acquire and pay, across both ﬁat and crypto.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.32% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing you money. Past performance of a NAGA community member is not a reliable indicator of his future performance. Content on NAGA's social trading platform is generated by the members of its community and does not contain advice or recommendations by or on behalf of NAGA.
|Company:||The NAGA Group AG|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||988473|
|End of News||DGAP News Service|
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