- NAGA shareholders overwhelmingly approve merger with CAPEX.com
- New CEO Octavian Patrascu outlines plans for expanded market reach, enhanced NAGA SuperApp
Social and copy trading-focused broker NAGA Group AG has secured shareholder approval for its acquisition by CAPEX.com. The vote during NAGA’s Extraordinary General Meeting was overwhelmingly in favor, with 99.81% support for the merger.
NAGA’s new CEO, Octavian Patrascu (also CAPEX.com’s founder), unveiled a bold vision for the company. This includes a robust regulatory framework, expanded global reach, and a seamless, all-in-one SuperApp experience.
Key plans focus on market expansion, app enhancements, and a unified NAGA SuperApp offering trading, investing, crypto, and neo-banking.
The CAPEX.com merger, pending regulatory approval, promises significant synergies, management expertise, and improved marketing efficiency.
Patrascu commented: “This strong vote of confidence allows us to execute our new business plan. We’re expanding NAGA’s reach and upgrading the SuperApp to offer a truly unique Fintech experience.”
