NAGA GROUP

The broker will terminate direct businesses in the United Kingdom throughout the month of December.

The company will use the funds in financing global growth and enhanced marketing measures.

The social trading company has generated $48 million so far this year.

The provider of the social network for trading expects to hit 100% growth in 2021 after the financing round.

The two have inked a multi-year deal but did not disclose the terms.

The brokerage has reported a continuous surge in its revenue for the last 11 quarters.

The shares of the company will be parallelly listed on OTCQX Venture Market.

The company is combining payments, brokerage and crypto on a single platform.

The Group’s trading activities for the first quarter of the year remained above $70 billion.

The share price of the broker jumped over 6 percent in early Tuesday’s trading session.

The monthly trading volume reached €18.5 billion, which is up 216% compared to January 2020.

The fintech group is entering new markets as well.

The broker has already applied for respective licenses under local entities.

The leverage has been introduced for its operations in Saint Vincent and the Grenadines.

The number of new customers and trading volumes has grown significantly with an increase of over 50% since Q1.

Stylianou started his new role as the COO of NAGA on the 1st of May 2020.

The brokerage division of NAGA Group is adding to its team at a time when the industry is shifting.

NAGA Coins are enabling global users to buy, hold and invest in Equities, CFDs, ETFs, and commodities

The firm founded by Yasin Qureshi, Christoph Bruck and Benjamin Bilski continues with a new venture.

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