- CEO
- Michael Milonas
- Full Time Employees
- 173
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- Hohe Bleichen 12 Hamburg Germany 136811
- IPO Date
- Sep 23, 2021
- Business
- The NAGA Group AG (NAGGF) is a German publicly listed fintech company that develops and markets innovative online brokerage platforms, social trading applications, and neo-banking services combining trading, investing, cryptocurrencies, and payments into a unified super app ecosystem. Founded in 2015 and headquartered in Hamburg, Germany, the company operates in over 100 countries across regions including Europe, Latin America, the Middle East, North Africa, and Southeast Asia, with local offices in Germany, Spain, Bosnia and Herzegovina, Cyprus, and Gibraltar; it serves more than one million registered customers through subsidiaries such as NAGA Markets Europe Ltd, NAGA Technology GmbH, and NAGA Global Ltd. Its proprietary NAGA platform provides access to over 4,000 assets encompassing real stocks, currency CFDs, indices, commodities, ETFs, cryptocurrencies, forex, stock indices, and contracts for difference; additional offerings include the Naga Trader app for trading and social networking to share investment strategies, Naga Pay neo-banking app featuring a physical VISA debit card with automatic fiat-to-crypto conversion and cashback rewards, NAGA X social trading platform focused on cryptocurrencies, dynamic social feeds, advanced auto-copy trading functions, and a single unified wallet powering seamless integration across trade, invest, crypto, and pay verticals. In 2024, the company completed a strategic merger with CAPEX.com, yielding ongoing cost synergies, operational efficiency gains, and improved profitability including cash break-even for the first time; it expanded its partnership with Microsoft Dynamics 365 for data-driven growth, launched the NAGA ONE unified super app enhancing payments, investing, and trading with expanded AI capabilities, and reported preliminary 2025 half-year results showing revenues of EUR 32.2 million up 2% year-over-year, net revenues up 3% to EUR 28.9 million, and EBITDA up 8% to EUR 3.0 million driven by targeted marketing investments for user acquisition and brand development despite a transitional 2024 revenue dip to EUR 62.3 million from pro-forma EUR 77.5 million prior. The NAGA Group AG, led by CEO Octavian Patrascu, focuses on financial inclusion across asset classes with disruptive technologies including blockchain integration for virtual goods, positioning for scalable organic growth, geographical expansion, and selective M&A supported by major shareholders such as Fosun Fintech Holdings, Apeiron, and institutional investors.