NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).
Matsia joined NAGA in March 2024 and is based out of Limassol, Cyprus, operating in a hybrid work setup, her Linkedin profile shows.
Before joining NAGA, Loukia Matsia spent eight years at Tickmill, where she held the position of Head of Compliance and AML from July 2020 until March 2024. During her tenure, Matsia was instrumental in strengthening Tickmill’s compliance frameworks and AML procedures, ensuring regulatory adherence across the board.
Her career with Tickmill began in July 2017, when she took on the role of Compliance Officer. Over the years, Matsia has been credited with enhancing compliance management and AML protocols at Tickmill Europe Ltd. Prior to her focus on compliance, she served as the Head of Back Office at Tickmill Europe from November 2015 to July 2017.
Loukia Matsia’s career in financial services spans more than a decade, starting in 2013 as an Office Administrator in Limassol. She quickly advanced to the role of Head of Administration and HR at CommexFX, where she served from May 2014 to January 2015. Her brief stint as an Account Manager at 24option between February 2015 and May 2015 further diversified her experience in the retail FX industry.
NAGA’s decision to bring Loukia Matsia on board comes barely a month after its founder Ben Bilski parted ways with the company, stepping down from his executive role as Chief Information Officer.
Bilski, a Polish/German serial tech entrepreneur, established NAGA as a social network for investing. The platform now boasts nearly 1 million users. His departure came three months after the acquisition of NAGA Group by Capex.com.
Before transitioning to the role of CIO, Bilski served as NAGA’s Chief Executive Officer until June 2023. He described NAGA as the “Facebook for the trading industry,” seeking to eliminate the necessity for users to navigate multiple platforms for trading and investment strategy research, offering a more streamlined and user-friendly experience.
Interestingly, Bilski credits not Facebook but Tinder as the initial inspiration for NAGA’s concept, spurred by his personal challenges with the complexity of online trading platforms he encountered starting in 2014.
