21.06.2018
The NAGA Group AG DE000A161NR7
DGAP-News: The NAGA Group AG: NAGA products are evolving rapidly - management board expects increased customer growth in Q3 and Q4.
DGAP-News: The NAGA Group AG / Key word(s): Sales Result/Product Launch
The NAGA Group AG: NAGA products are evolving rapidly - management board
expects increased customer growth in Q3 and Q4.
21.06.2018 / 11:00
The issuer is solely responsible for the content of this announcement.
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CORPORATE NEWS
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- NAGA WALLET receives +100,000 new registrations within the first 2 months
- zero percent error rate in wallet-to-wallet transactions
- With 180 new markets, NAGA's online broker NAGA MARKETS now available
across the globe
- NAGA ACADEMY to be launched in the third quarter in cooperation with
renowned Alexander College, Cyprus
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NAGA products are evolving rapidly - management board expects increased
customer growth in Q3 and Q4.
Hamburg, Thursday, June 21, 2018
FinTech company THE NAGA GROUP (NAGA; WKN A161NR, ISIN: DE000A161NR7,
Ticker: N4G) and its ecosystem are flourishing more and more. Following the
successful IPO of 2017 and the launch of its own cryptocurrency (NAGA COIN)
within the same year, as well as launching several products, apps and
features, NAGA can now announce further financial innovations and updates.
"The NAGA Universe is growing constantly, and with it, its product range.
Every day with great enthusiasm, we are perfecting our NAGA technology,
which should always be straightforward, easy to handle and easily accessible
to our customers", adds Benjamin Bilski, board member of the NAGA GROUP AG,
putting this abundance of innovations into a nutshell. "With our innovative
financial technology, our customers can harness their passion for financial
markets, cryptocurrencies and virtual goods to accumulate assets. In this
way, we reach not only professionals and experienced traders, but also
introduce newcomers to financial transactions, cryptocurrencies and virtual
goods", outlines Yasin Sebastian Qureshi, also a key board member of the
NAGA GROUP AG, with a statement that emphasises the NAGA philosophy.
The NAGA WALLET - in which all the company's services and products converge
and with which virtual goods and currencies are stored, transferred and
cleared - has already received more than 100,000 registrations since its
official launch two months ago. This includes thousands of active wallet
users. "Customers are evenly distributed throughout the world. This shows
that our international marketing approach is proving entirely successful and
that we are geographically diversified. In addition, our quality team has
determined a zero percent error rate in wallet-to-wallet transactions. We
offer NAGA customers very high quality standards when using our wallet,"
Bilski further says.
One of the company's central products, the NAGA TRADER social trading
network, has had its desktop version fundamentally revamped: the new NAGA
WEB TRADER will be presented on June 22, 2018. "It has received a completely
new interface. The input masks are more understandable, and everything is
now much easier, thus improving the overall usability for customers - one of
our most important guidelines in all the work that we do. Of course, we
expect more conversions from this update," added Bilski in relation to these
further innovations.
At NAGA MARKETS, NAGA's online broker, 180 new markets, i.e. countries and
territories from which one can trade, have now been added. This has more
than doubled the number. Almost all countries of the world are now connected
to the NAGA network.
The NAGA ACADEMY has just welcomed the arrival of its first certified
course. It will officially start in the third quarter in cooperation with
the renowned Alexander College (Cyprus). "The NAGA ACADEMY is a matter close
to our heart and a real gem in our range. Our customers should not only have
the opportunity to accumulate assets, but also be able to fill any
educational gaps concerning financial and stock market issues. In the NAGA
ACADEMY, they can now continue to upgrade their knowledge and thereby use
our products more responsibly and sensibly," explains Qureshi.
NAGA VIRTUAL - a cross-vendor trading platform for virtual goods - was
launched at the end of last year, along with its first partner, the Japanese
gaming provider Asobimo. At that time this NAGA platform was named SWITEX
but this product has now been renamed. As a result, the re-branding of all
platforms and websites is almost complete, and a uniform appearance with the
"NAGA" brand is now guaranteed.
The regulated NAGA EXCHANGE will be on the market in early autumn - far
earlier than expected and planned. Interested customers can join the
whitelist in order to secure exclusive access to special conditions.
"We have successfully placed a number of products on the market in a very
short period of time - and we are continuing to work at this rapid pace. Our
customers can always count on new digital financial services and also on
updates that have better and more integrated features. Further financial
innovations are in the pipeline, including a very exciting development in
the area of asset management. In this way, our ecosystem is growing with
each passing day, and it is extremely important to us that users can process
all their funds and control asset generation and investments all under one
roof. In the NAGA Ecosystem, everything is interconnected. Thus, we enable
our users to achieve their personal financial freedom. In light of the
current and upcoming innovations, we at NAGA are looking to achieve large
customer growth in the third and fourth quarters of 2018, which will have an
extremely positive impact on results in 2019 and in the years to follow,"
Qureshi concludes.
Characters (with spaces): 5,351
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Tags, Keywords:
The NAGA Group
NAGA
NAGA TRADER
NAGA WALLET
NAGA VIRTUAL
NAGA COIN
NGC
NAGA EXCHANGE
NAGA MARKETS
NAGA ACACEMY
Financial Technology
FinTech
Social Trading
Cryptocurrency
Blockchain
Yasin Sebastian Qureshi
Benjamin Bilski
Andreas Luecke
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THE NAGA GROUP AG:
THE NAGA GROUP AG (NAGA) was founded in August 2015 by Yasin Sebastian
Qureshi, Benjamin Bilski and Christoph Brück. The company's goal is to drive
the development, marketing and growth of disruptive applications for
financial technology, and to actively participate in the change and opening
up of the existing financial system. The word "NAGA" is Sanskrit and means
"Cobra snake". It is also the name of the world's hottest chili variety.
Link THE NAGA GROUP Website: https://www.thenagagroup.com
Link NAGA TRADER Website: https://www.nagatrader.com
Link NAGA VIRTUAL Website: https://www.nagavirtual.com
______________________________
Contact:
The NAGA Group AG
Alexander Braune
Neustädter Neuer Weg 22
D-20459 Hamburg
E: [email protected]
UBJ. GmbH
Ingo Janssen
Haus der Wirtschaft
Kapstadtring 10
D-22297 Hamburg
T: +49 (0)40 6378 5410
E: [email protected]
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21.06.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: The NAGA Group AG
Neustädter Neuer Weg 22
20459 Hamburg
Germany
E-mail: [email protected]
Internet: www.thenagagroup.com
ISIN: DE000A161NR7
WKN: A161NR
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate
Exchange
End of News DGAP News Service
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697513 21.06.2018
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