Capex.com and Naga Group Announce Strategic Merger to Revolutionize the Market

CAPEX.com + NAGA GROUP: A Match Made in FinTech Heaven

Picture this: two powerhouses of finance deciding to snag the same cookie and smash it together. That’s exactly what CAPEX.com and NAGA GROUP (ticker XETRA: N4G ) have done—by sweetening the deal with a non‑cash capital infusion.

Why This Merger Matters

All‑in‑One Super App: NAGA’s platform offers everything from stocks to crypto—think of it as the Swiss Army knife of the financial world.
Endless Growth: CAPEX.com is already growing at a staggering 80% compound annual growth rate (CAGR) over the last three years.
Global Reach: With licences in Europe and Abu Dhabi, CAPEX.com isn’t just local, it’s local‑to‑global.

Breaking Down the Numbers

Users: 60,000+ active in 2023, plus a fresh 15,000+ monthly signups.
Capital: Raised USD 31 million in equity to date.
Revenue: Ramped from USD 26 million (2021) to an expected USD 40 million (2023), even when the market was playing hardball.
Market Conditions: The backdrop was anything but nice, yet the growth stayed on track.

What This Means for Users

If you’re already a part of the CAPEX.com community, you’re about to get a bigger, more vibrant playground. Meanwhile, NAGA’s users will get the backing of a fast‑moving FinTech platform, meaning more features, stronger security, and a boost in global reach.

Outlook

With this merger, the two firms are set to become a single, more formidable force in digital investment. Expect smoother transactions, an expanded product suite, and a dash of the combined brand’s ingenuity.

Hold onto your dashboards—exciting times are ahead!

CAPEX.com: A Multi‑Licensed Powerhouse in the Financial Frontier

CAPEX.com isn’t just another fintech name; it’s a company armed with over five state‑of‑the‑art licences, boasting the coveted ADGM licence in Abu‑Dhabi. That’s like having a golden ticket in a world where compliance is king.

Meet the Trailblazer: Octavian Patrascu

Founder & CEO: Octavian steers the ship with a hawk‑eye on innovation and global compliance.
A once‑shining star in the CFD space, he was the mastermind behind CFD broker markets.com from 2010 to 2015.
His strategic brilliance helped that venture skyrocket to a jaw‑dropping $550 million sale to Playtech.

With this track record, Octavian brings a playbook full of hard‑won experience—ready to guide CAPEX.com to even greater heights.

Strong synergy effects driving 40% EBITDA in short term

NAGA & CAPEX Power‑Up: A 2025 Playbook

Financial Highlights

Global license play: 8 joint licenses set to churn out USD 90 million in revenue this year.
Profit disclosure: Inside that, an EBITDA of USD 6.5 million—a tidy slice of the pie.
Trading volume 2023: Around USD 300 billion, proving the market is still bullish.

User Growth Trajectory

Current user base: 1.5 million spread across over 100 countries.
Target by 2025: swing that number up to 5 million—a tripling in just a couple of years.

Licensing Reach

Joint licenses enable operations in more than 50 countries, including the fast‑growing MENA region.
In MENA, NAGA plans to roll out its social‑trading super‑feature on a massive scale.

Tech Synergy & Lifetime Value

NAGA’s cutting‑edge tech will plug into CAPEX.com’s existing client base, adding social trading, payment services, and spot crypto.
The result? A higher lifetime value for every user and a neat boost in profit margins.

Operational Savings

The merger paints a picture of up to USD 10 million saved each year through reduced regulatory overhead, leaner headcount, smarter technology spends, and lower COGS.

Market Advantage & Brand Authority

Combined marketing power means stronger bidding on paid traffic and a rise in domain/platform authority.
Expect the client acquisition cost to drop dramatically, while brand reputation climbs the charts—making the partnership a formidable force in the digital trading arena.

CAPEX.com and its shareholders to invest a total of USD 15 million in equity into business combination

NAGA & CAPEX.com Join Forces: A New Chapter in FinTech

In a bold move that keeps more than just dollars on a balance sheet, NAGA has secured an extension for its current $5 million USD loan until the end of 2025. The deal is a smart liquidity boost that gives the firm breathing room to grow fast—thanks to an infusion from its biggest shareholders.

Who’s Taking the Wheel?

Enter Octavian Patrascu, a legendary FinTech entrepreneur who’s led the charge at CAPEX.com and is now stepping in as the new Group CEO. He’s not just a boardroom savant; he’s betting his own money on this union, proving he believes the partnership will spark real innovation.

“I’m genuinely thrilled about this merger. In today’s jungle of financial services, consolidation is the secret sauce to speed up our roadmap, hit objectives, and scale up for genuine innovation,” said Patrascu. “NAGA and CAPEX.com share tons of synergies, which is why I’m investing personally. I know we can hit our targets and set a fresh benchmark for the industry.”

Michael Milonas Speaks Up

Michael, the former Chief Executive of NAGA, echoed the excitement, noting that the alliance will become the model for future success. He highlighted three key pillars:

Cost & Revenue Synergies: Immediate positive impact on EBITDA.
Strategic Synergies: A larger footprint in users, licenses, and technology—opening the door to medium‑ and long‑term scale.
Culture & Leadership Merge: A solid foundation built on the right culture, ensuring a smooth integration.

“With Octavian’s leadership, we’re setting the stage for NAGA’s next phase of growth and are really excited about what’s ahead,” added Milonas.

Next Steps & Future Plans

Financial forecasts and analyst coverage for the newly combined entity will roll out soon. The merger is slated for completion in Q2 2024, contingent on regulatory approvals and routine closing conditions—particularly the anticipated change‑of‑control approval, expected within 3 to 6 months.

The duo is also reviving its ambition to uplist on NASDAQ, a move paused in 2021 due to market headwinds. They’re looking into potential underwriter interest in the months following the merger.