Financial and Business News

NAGA "SuperApp" Revamp Draws New Account Openings and Platform Activity in Q1 2025

Wednesday, 14/05/2025 | 07:28 GMT by Damian Chmiel
  • Fintech rolled out several platform enhancements last quarter, including a new interest-bearing feature for idle funds.
  • The German-based company also expanded access to over 3,000 stocks and ETFs across global markets.
NAGA

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.

Octavian Patrascu, CEO of The NAGA Group AG; Source: LinkedIn
Octavian Patrascu, CEO of The NAGA Group AG; Source: LinkedIn

"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.

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.

Octavian Patrascu, CEO of The NAGA Group AG; Source: LinkedIn
Octavian Patrascu, CEO of The NAGA Group AG; Source: LinkedIn

"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.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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