Fintech firm NAGA Group has launched its new “super app,” NAGA ONE, aiming to combine banking, payments, and trading in a single platform. The app is set for a full public release by the end of the year.
The platform will replace the company’s existing NAGA Pay app, offering users personal bank accounts, debit cards, and instant funding for trading accounts. Future updates will add cryptocurrency services like digital wallets and staking.
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CEO Octavian Patrascu stated the app delivers on a vision for a “truly unified platform.” The move places NAGA in a competitive race with companies like Coinbase and Robinhood, which are also developing comprehensive financial apps.
Despite the announcement, investor reaction was muted, with NAGA’s shares holding at €0.65, far below their pandemic highs.
