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FX week in review: NAGA in Telegram, Revolut CFDs app, TopFX BizDev head, 26 Degrees Cyprus CEO leaves
AppWizard
September 23, 2024

FX week in review: NAGA in Telegram, Revolut CFDs app, TopFX BizDev head, 26 Degrees Cyprus CEO leaves

The NAGA Group AG launched the "NAGA Everything Trading" app, the first fully integrated trading app on the Telegram Messenger platform, allowing traders to access financial markets directly through Telegram. Revolut is entering the CFDs trading market with its new offering, Revolut Invest, managed by its licensed subsidiary in Lithuania. TopFX appointed Kyriakos Karamanis as head of Business Development, marking the second senior hire in two weeks. Riana Chaili departed from her role as CEO of 26 Degrees Cyprus/EMEA. Finalto reported a 7% decline in revenues but significant profits, Cor Prime secured million in funding for crypto prime brokerage, Leverate launched TextPilot for broker platform customization, and ATFX opened a new office in Sydney for institutional clients.
NAGA unveils Trading App integrated into Telegram Messenger
AppWizard
September 19, 2024

NAGA unveils Trading App integrated into Telegram Messenger

The NAGA Group AG has launched the first fully integrated trading app within the Telegram ecosystem, which aims to enhance retail investors' interaction with financial markets. The “NAGA Everything Trading” app allows for seamless onboarding, customer KYC, and deposit capabilities directly within Telegram. Users registering through the app will have immediate access to both mobile and web versions of the NAGA platform. NAGA plans to provide monthly updates, including a feature for Social Trading with AutoCopy, enabling users to replicate top investors' trades in real time. NAGA operates in over 100 countries, offering a range of services for fiat and cryptocurrencies, including a physical VISA card for automatic crypto conversion and cashback.
The NAGA Group expands addressable user base with launch of first-ever trading app integrated into Telegram messenger | Business Wire
AppWizard
September 19, 2024

The NAGA Group expands addressable user base with launch of first-ever trading app integrated into Telegram messenger | Business Wire

The NAGA Group AG has launched the “NAGA Everything Trading” app within the Telegram ecosystem, aiming to revolutionize retail investor interactions with financial markets. By leveraging Telegram's user base of 950 million, NAGA seeks to expand its audience and enhance user growth and revenue. The app offers a comprehensive trading experience with streamlined onboarding, efficient customer KYC, and direct deposit capabilities. Users registering through Telegram will have access to both mobile and web versions of the NAGA platform. CEO Octavian Patrascu highlighted the strategic significance of this launch in democratizing access to financial markets and creating business growth potential. NAGA operates in over 100 countries, providing a platform that integrates social trading, stock and cryptocurrency investing, and neo banking services.
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