Naga has attracted about €34 million in investment to develop the company

22-11-2021

Naga plans to carry out a series of marketing activities. The broker managed to attract investments in the total amount of about €34 million for the global development of the company. 

Naga’s trading platform has already received a €30 million guarantee from Yorkville Advisors. These funds will flow into the company’s account over a three-year period. The broker last issued more than 4.2 million shares at €8 per share, which were available to investors from Europe.

One of Naga’s popular products is its proprietary social trading service. The broker has now also launched a payment platform and an online platform for securities trading. 

Demand for the company’s services is steadily growing. In its third quarterly report for 2021, the broker reported earnings of $21 million, which is considered its record profits.

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