NAGA Group AG Launches Integrated Trading App on Telegram

Apps & Games / Mobile / Android / NAGA Group AG Launches Integrated Trading App on Telegram
19 Sep 2024

The NAGA Group AG (ETR:N4G) has made headlines with its latest innovation: the launch of the first fully integrated trading app within the Telegram ecosystem. This strategic move is poised to transform the way retail investors interact with the financial markets, as NAGA taps into Telegram’s impressive user base of 950 million individuals. By positioning itself as a pioneer in this uncharted territory, NAGA opens the door to significant user growth and revenue potential.

Seamless Trading Experience

The “NAGA Everything Trading” app is designed to function natively within the Telegram platform, offering users the complete suite of trading features available in the NAGA SuperApp. This integration allows for seamless onboarding, customer KYC, and deposit capabilities directly within the messaging app, creating a frictionless trading experience for Telegram’s millions of monthly active users. Furthermore, those who register through the Telegram app will gain immediate access to both the mobile and web versions of the NAGA platform.

In a bid to keep the experience fresh and engaging, NAGA plans to roll out monthly updates for the Telegram version of the app. An exciting feature on the horizon is Social Trading with AutoCopy, which will enable users to replicate the trades of top investors in real time, enhancing the collaborative nature of trading.

“Launching the first fully integrated trading app within Telegram is a transformative move for NAGA and a key milestone in our growth strategy. With nearly one billion users, Telegram offers a vast new audience and an unprecedented opportunity to connect with potential customers immediately on a previously unimaginable scale. Our goal is to democratize access to the financial markets, and this step takes us closer to realizing that vision, while also creating significant growth potential for our business,” said Octavian Patrascu, CEO of The NAGA Group AG.

This development not only positions NAGA as an innovator in the rapidly evolving fintech landscape but also reflects its commitment to global expansion. As traditional financial institutions navigate the complexities of digital transformation, NAGA is making bold strides to attract a new generation of traders who seek intuitive, on-the-go access to financial markets without the inconvenience of switching between multiple applications.

About NAGA

NAGA is a leading German fintech company that aims to merge social trading, stock and cryptocurrency investing, and neo banking into a single unified platform, powered by advanced proprietary technology. Operating in over 100 countries with nine local offices, NAGA provides a diverse array of services for both fiat and cryptocurrencies. The platform features a physical VISA card that offers fiat and automatic crypto conversion along with cashback, dynamic social feeds, and advanced autocopy functions, enabling users to replicate the strategies of successful traders. Designed for a global community, NAGA fosters an inclusive and efficient financial ecosystem for personal finance and trading.

Update: 19 Sep 2024