FinTech innovation: NAGA as a social trading platform

It’s ability to combine finance and technology has made it a more and more acceptable option for users who look to manage their estates, prefer mobile banking that isn’t linked to traditional institutions, who need financial consultation, access to alternative financing or to delve into the investment world with a more updated alternative.More than a simple investment platformNAGA is a company that currently has more than a million worldwide clients and exemplifies the evolution of this sector with the emergence and consolidation of FinTech companies. The German company focuses on investment, but seeks to offer more than the possibility of trading in the more than 1,000 available assets. As a social trading platform, it facilitates contact between different traders so they can share their concerns, experiences and advice. This vision closely resembles the communication that takes place today through social media, creating a powerful synergy between technology and finance, with the added value of innovation that goes beyond the steps taken by traditional institutions.But sharing knowledge isn’t the only tool that NAGA offers its users. In fact, creating informed clients seems to be one of the main goals of this FinTech company. Whether through updated charts or relevant news, together with its training section (including webinars and eBooks for example), NAGA’s digital environment promotes research regarding the different trading options available to its clients. To some degree, this focus is about democratizing the investment world so that it doesn’t belong solely to the top experts. For example, one of NAGA’s tools allows users to automatically copy the transactions of more experienced traders, as mentioned in this review of NAGA Auto Copy. The goal is for those with less trading experience to familiarize themselves with investment and to start recognizing trends on their own.Companies that keep pace with societyNAGA has become one of the leading FinTech companies and has garnered very positive reviews, as seen in some of the most important forex brand reviews and other industry comparisons. NAGA Group has sought to give its clients the best possible opportunities by providing the best information and protection, allowing them to access retail investment in more than 1000 markets, trade cryptocurrencies and have access to payment services (NAGA Pay) in a pioneering and intuitive digital environment. This is another hallmark of FinTech companies: creating a framework where the client feels comfortable, whatever their prior knowledge may be. And considering that society is becoming more and more digitally integrated, these companies have greater opportunities to reach the general public.In short, NAGA exemplifies the paradigm shift that the financial sector is going through with FinTech companies. Their innovative nature and adaptability to society’s needs and trends means better public reception and a farther reach than traditional institutions can achieve. Another distinctive feature of these companies is the constant evolution that allows them to make new contributions in the short and long term, sometimes thanks to technological advances and other times because of their commitment to innovation and their ability to anticipate society’s demands.-