The NAGA Group

DB: N4G

€68.8m market cap

€1.71 last close

The NAGA Group is a fintech start-up in social trading with two flagship products: SwipeStox (for securities trading) and SWITEX (for in-game items trading), a joint venture with the Deutsche Börse. Headquartered in Hamburg, the company will have 85 employees following the proposed acquisition of the Hanseatic Brokerhouse Group.

Investment summary

NAGA Group continues to ramp up volumes on its NAGA Trader platform, while eliminating commission expenses through the acquisition of Hanseatic Brokerhouse (HBS). Recent developments in the NAGA ecosystem include the introduction of an AI-based robo-advisor, the launch of the beta version of NAGA Exchange (together with an analytical tool called NAGA Guard), as well as the introduction of NAGA Card. The business remains in its early stage with the majority of products (except NAGA Trader) yet to generate meaningful revenues.

Sector
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Price performance
%
1m
3m
12m
Actual (11.5) (18.2) (69.5)
Relative* (14.9) (26.5) (68.4)
52-week high/low €5.5/€1.5
*% relative to local index
Key management
Yasin Sebastian Qureshi CEO
Sandra Panknin Head of Operations/Finance