RCS - NAGA Group AG (The) - AI 'Brain' Technology Joins Forces with NAGA

NAGA AGAnnouncement

09/08/2023 13:15

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RNS Number : 8042I  NAGA Group AG (The)  09 August 2023

 The NAGA Group AG / Key word(s): Alliance/Product Launch

The NAGA Group AG: AI 'Brain' Technology by Rezolve Joins Forces with NAGA to
 Revolutionise Online Payment together with Brokerage Transformation

09.08.2023 / 11:00 CET/CEST

The issuer is solely responsible for the content of this announcement.

AI 'Brain' Technology by Rezolve Joins Forces with NAGA to Revolutionise
 Online Payment together with Brokerage Transformation

 London and Hamburg, August 9th, 2023 - Frankfurt listed, German Fintech
 company The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the
 All-in-One Financial Super App, announces a ground-breaking partnership with
 Rezolve AI Limited. The integration of Rezolve's AI platform, 'Brain', into
 NAGA's proprietary technology and its social trading app, 'NAGA Trader' as
 well as 'NAGA Pay' is set to redefine NAGA current and new users experience,
 provide real time personalised and intelligent market analysis, enhance
 trading proficiency as well as automate payments across multi languages.

 NAGA provides an online social trading platform (both Web and App) for Social
 Trading, allowing its users to invest in different assets such as currencies,
 stocks, ETF's, commodities and crypto all together with its own unique
 ePayments solution. Rezolve's 'Brain', with its advanced AI algorithms,
 machine learning, and its NLP engine (natural language processing)
 capabilities, will enhance NAGA's ability to offer NAGA users a unique AI
 experience that is set to revolutionise the traditional way of experiencing
 online social trading and mobile payments.

 NAGA users will be able to converse with 'Brain' in any one of 95 languages,
 as naturally as communicating in real time to a human stockbroker over the
 phone. They can gain a deep understanding and personalise market trends and
 insights, receive invaluable guidance for making smart investment decisions,
 and learn how to optimally use NAGA's social trading platform. This
 multilingual capacity not only enhances NAGA user experience but also widens
 NAGA's global user base.

 Benjamin Bilski, CIO of NAGA comments: "The timing for this partnership is
 just perfect. We have been preparing our data infrastructure and indexing
 capabilities to plug it in with advanced AI language models for months and
 using 'Brain' transforms our vision into reality. Implementing 'Brain's AI
 into NAGA will further automate our client's journey and lead to the highest
 degree in personalization. Users will intuitively understand NAGA social
 trading platform and their own trading performance better than ever before. In
 addition, NAGA's unique social graph allows traders to benchmark their
 performance with other traders automatically. From this day on, our ability to
 connect real-time market data, economic events, and news intelligently with
 our users' portfolios, positions us and gives us a genuine USP over
 competitors."

 Michael Milonas, CEO of NAGA, expresses his enthusiasm about this partnership,
 stating: "By integrating Rezolve's 'Brain' into NAGA, we are enhancing our
 platform with unprecedented intelligence and accessibility. This is a
 significant step towards our mission to build a truly unique, global, tech
 based and now AI driven financial All-in-All Super App that is second to none
 and in doing that, strive to deliver shareholder value. The future is truly,
 NAGA!"

 Dan Wagner, CEO of Rezolve, echoes this sentiment, adding, "Our collaboration
 with NAGA is a testament to our commitment to revolutionising industries with
 AI. With 'Brain's integration, NAGA users can engage in intuitive,
 conversation-based interactions, unlocking insights and making data-driven
 decisions. We're excited about setting a new standard in the online trading
 landscape."

 The introduction of Rezolve's 'Brain' into NAGA social trading platform marks
 an exciting development in the fintech sector, as AI and human insights
 converge to offer superior multilingual trading experiences.

 For more information about NAGA and its use of Rezolve's 'Brain', which is
 expected to go live in Q4 2023, please visit www.group.naga.com
 (https://protect-eu.mimecast.com/s/fs9aCkrjKTqj61N8T2eEde?domain=group.naga.com)
 .

 ###

 About NAGA

 NAGA is an innovative fintech company that seamlessly connects personal
 finance transactions and investments through its social proprietary trading
 platform. The company's platform offers a range of products from stock
 trading, investments and cryptocurrencies to a physical VISA card.
 Additionally, the platform allows for exchanges with other traders, provides
 relevant information in the feed, and autocopy features for successful
 members' trades. NAGA is a synergistic total solution that is easily
 accessible and inclusive. It provides an improved foundation to trade, invest,
 network, earn and pay. This applies to both fiat and crypto products.

Press contact:

Andreas Luecke

The NAGA Group AG
 press@naga.com (mailto:press@naga.com)
 www.naga.com
 (https://protect-eu.mimecast.com/s/CQeTCl2kLIz85p70H9mVw2?domain=naga.com)

09.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News
 - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
 Financial/Corporate News and Press Releases.
 Archive at www.eqs-news.com
 (https://protect-eu.mimecast.com/s/t5hWCmY06cR3KD2BSB-jLR?domain=eqs-news.com)

 Language:     English
 Company:      The NAGA Group AG
               Hohe Bleichen 12
               20354 Hamburg
               Germany
 E-mail:       info@naga.com (mailto:info@naga.com)
 Internet:     www.naga.com
               (https://protect-eu.mimecast.com/s/CQeTCl2kLIz85p70H9mVw2?domain=naga.com)
 ISIN:         DE000A161NR7
 WKN:          A161NR
 Indices:      Scale 30
 Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board),
               Hamburg, Munich, Stuttgart, Tradegate Exchange
 EQS News ID:  1698675

 

 

 End of News  EQS News Service

 

1698675  09.08.2023 CET/CEST

 

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