DGAP-News: The NAGA Group AG: NAGA products are evolving rapidly - management board expects increased customer growth in Q3 and Q4.

CORPORATE NEWS
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- NAGA WALLET receives +100,000 new registrations within the first 2 months - zero percent error rate in wallet-to-wallet transactions

- With 180 new markets, NAGA's online broker NAGA MARKETS now available across the globe

- NAGA ACADEMY to be launched in the third quarter in cooperation with renowned Alexander College, Cyprus

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NAGA products are evolving rapidly - management board expects increased customer growth in Q3 and Q4.

Hamburg, Thursday, June 21, 2018

FinTech company THE NAGA GROUP (NAGA; WKN A161NR, ISIN: DE000A161NR7, Ticker: N4G) and its ecosystem are flourishing more and more. Following the successful IPO of 2017 and the launch of its own cryptocurrency (NAGA COIN) within the same year, as well as launching several products, apps and features, NAGA can now announce further financial innovations and updates. "The NAGA Universe is growing constantly, and with it, its product range. Every day with great enthusiasm, we are perfecting our NAGA technology, which should always be straightforward, easy to handle and easily accessible to our customers", adds Benjamin Bilski, board member of the NAGA GROUP AG, putting this abundance of innovations into a nutshell. "With our innovative financial technology, our customers can harness their passion for financial markets, cryptocurrencies and virtual goods to accumulate assets. In this way, we reach not only professionals and experienced traders, but also introduce newcomers to financial transactions, cryptocurrencies and virtual goods", outlines Yasin Sebastian Qureshi, also a key board member of the NAGA GROUP AG, with a statement that emphasises the NAGA philosophy.

The NAGA WALLET - in which all the company's services and products converge and with which virtual goods and currencies are stored, transferred and cleared - has already received more than 100,000 registrations since its official launch two months ago. This includes thousands of active wallet users. "Customers are evenly distributed throughout the world. This shows that our international marketing approach is proving entirely successful and that we are geographically diversified. In addition, our quality team has determined a zero percent error rate in wallet-to-wallet transactions. We offer NAGA customers very high quality standards when using our wallet," Bilski further says.

One of the company's central products, the NAGA TRADER social trading network, has had its desktop version fundamentally revamped: the new NAGA WEB TRADER will be presented on June 22, 2018. "It has received a completely new interface. The input masks are more understandable, and everything is now much easier, thus improving the overall usability for customers - one of our most important guidelines in all the work that we do. Of course, we expect more conversions from this update," added Bilski in relation to these further innovations.

At NAGA MARKETS, NAGA's online broker, 180 new markets, i.e. countries and territories from which one can trade, have now been added. This has more than doubled the number. Almost all countries of the world are now connected to the NAGA network.

The NAGA ACADEMY has just welcomed the arrival of its first certified course. It will officially start in the third quarter in cooperation with the renowned Alexander College (Cyprus). "The NAGA ACADEMY is a matter close to our heart and a real gem in our range. Our customers should not only have the opportunity to accumulate assets, but also be able to fill any educational gaps concerning financial and stock market issues. In the NAGA ACADEMY, they can now continue to upgrade their knowledge and thereby use our products more responsibly and sensibly," explains Qureshi.

NAGA VIRTUAL - a cross-vendor trading platform for virtual goods - was launched at the end of last year, along with its first partner, the Japanese gaming provider Asobimo. At that time this NAGA platform was named SWITEX but this product has now been renamed. As a result, the re-branding of all platforms and websites is almost complete, and a uniform appearance with the "NAGA" brand is now guaranteed.

The regulated NAGA EXCHANGE will be on the market in early autumn - far earlier than expected and planned. Interested customers can join the whitelist in order to secure exclusive access to special conditions.

"We have successfully placed a number of products on the market in a very short period of time - and we are continuing to work at this rapid pace. Our customers can always count on new digital financial services and also on updates that have better and more integrated features. Further financial innovations are in the pipeline, including a very exciting development in the area of asset management. In this way, our ecosystem is growing with each passing day, and it is extremely important to us that users can process all their funds and control asset generation and investments all under one roof. In the NAGA Ecosystem, everything is interconnected. Thus, we enable our users to achieve their personal financial freedom. In light of the current and upcoming innovations, we at NAGA are looking to achieve large customer growth in the third and fourth quarters of 2018, which will have an extremely positive impact on results in 2019 and in the years to follow," Qureshi concludes.
 

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The NAGA Group
NAGA
NAGA TRADER
NAGA WALLET
NAGA VIRTUAL
NAGA COIN
NGC
NAGA EXCHANGE
NAGA MARKETS
NAGA ACACEMY
Financial Technology
FinTech
Social Trading
Cryptocurrency
Blockchain
Yasin Sebastian Qureshi
Benjamin Bilski
Andreas Luecke

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THE NAGA GROUP AG:
THE NAGA GROUP AG (NAGA) was founded in August 2015 by Yasin Sebastian Qureshi, Benjamin Bilski and Christoph Brück. The company's goal is to drive the development, marketing and growth of disruptive applications for financial technology, and to actively participate in the change and opening up of the existing financial system. The word "NAGA" is Sanskrit and means "Cobra snake". It is also the name of the world's hottest chili variety.

Link THE NAGA GROUP Website: https://www.thenagagroup.com
Link NAGA TRADER Website: https://www.nagatrader.com
Link NAGA VIRTUAL Website: https://www.nagavirtual.com

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Contact:
The NAGA Group AG
Alexander Braune
Neustädter Neuer Weg 22
D-20459 Hamburg
E: press@naga.com

UBJ. GmbH
Ingo Janssen
Haus der Wirtschaft
Kapstadtring 10
D-22297 Hamburg
T: +49 (0)40 6378 5410
E: ir@ubj.de