The Naga Group share is clearly in positive territory today. The company’s share price in Tradegate trading is currently up more than 8 percent at EUR 2.32, not least because the company announced a new fintech product today: “NAGA Pay will be available as a separate native iOS at the beginning of the fourth quarter of 2020 – and Android App come onto the market, ”said the company early Wednesday afternoon. The Naga Group wants to combine mobile banking, trading, social trading and cryptocurrency trading in the new app.
“In recent years we have gained a lot of experience in building a real-time trading platform with a clear monetization model across a wide range of asset classes. At the same time, our Naga Card offering, which offers our customers a prepaid mastercard and a European IBAN account, has grown steadily, ”says Benjamin Bilski, founder and CEO of The NAGA Group AG. The aim is therefore to combine the expertise in Naga Pay.
At a glance – chart and news: The Naga Group