NAGA (XETRA:
N4G) has
introduced a daily interest feature for euro accounts and expanded access to
over 3,000 stocks and ETFs during the first quarter of 2025, the German fintech
announced today (Wednesday) as part of multiple enhancements to its financial
SuperApp.
NAGA Group Adds
Interest-Bearing Feature, Expands Market Access in Q1 2025
The
company’s new NAGA Earn feature allows users with euro balances to
receive daily interest on uninvested funds through Qualifying Money Market
Funds. Users can activate or deactivate this feature as needed while monitoring
returns in real time.
“By
enhancing platform utility and expanding user benefits, we’re not only
improving the client experience but also building the foundations for
sustainable growth,” said Octavian Patrascu, CEO of The NAGA Group AG.
The company
has also redesigned its web and mobile interfaces with a streamlined navigation
structure and updated header to facilitate quicker access to social profiles
and messaging functions.
According
to the company, efforts in Q1 2-25 have contributed to an increase in new
account openings and platform activity, along with improvements in conversion
ratios and return on investment. However, the company did not disclose more
detailed statistics.
You may
also like: TRADE.com
UK Acquired by NAGA for £1.24M After 2024 Net Loss: “Client Base Fell
Unsatisfactorily”
3,000 Shares and ETFs
NAGA’s
investment offerings have expanded to include over 3,000 real shares and ETFs
across 15 global exchanges. The platform recently added more than 50 ETFs from
U.S. and EU markets and now provides direct market access to several Middle
Eastern and Eastern
European exchanges, including Dubai Financial Market, Abu
Dhabi Exchange, Saudi Arabia’s Tadawul Exchange, and the Bucharest Stock
Exchange.
To enhance
its data services, the company has integrated TipRanks analytics, providing
users with institutional-grade research tools and market insights across all
account types.
These
technical improvements have been complemented by marketing initiatives
including a zero-commission investing program, referral and free-share
incentives, and an advertising campaign in partnership with Borussia Dortmund
targeting the DACH region (Germany, Austria, and Switzerland).
NAGA
operates in over 100 countries with nine local offices, providing services for
both fiat and cryptocurrencies. In 2024, the
NAGA Group revenues totaled EUR 62.3 million, compared to EUR 77.5 million
in the previous year.
This article was written by Damian Chmiel at www.financemagnates.com.
Source link
