Midas Shines Bright with $45M Series A Funding

Midas, a Turkish fintech startup, has secured a hefty $45 million in Series A funding, led by Portage and joined by key investors like International Finance Corporation and Spark Capital. This injection of capital will fuel Midas' expansion into new product lines, including crypto trading and mutual funds, while also doubling its team size to over 400 employees. CEO Egem Eraslan is steering the ship, bringing retail investing to the masses in Turkey through their user-friendly app. With a focus on educating investors through free financial content, Midas is on a mission to revolutionize the investment landscape in Turkey and beyond.