#Istanbul #Turkey #Midas #Turkey Fintech #$80 Million

Midas Raises Record $80 Million in Series B Funding

In a groundbreaking move for Turkey's financial technology sector, Midas, the country's leading investment platform, has successfully secured $80 million in its Series B funding round. This impressive financial milestone marks the largest investment ever obtained by a fintech company in Turkey, bringing Midas’ total funding to over $140 million.

The recent funding round saw participation from QED Investors, a highly respected name in the fintech investment space, as well as new investors like the International Finance Corporation (IFC) and QuantumLight, among others. This expansion of support from notable investors underscores Midas’ pivotal role in transforming Turkey's investment landscape, further fueling investor confidence both locally and globally.

Empowering Investors in Turkey

Midas boasts a robust user base of 3.5 million investors, facilitating access to various markets including Borsa Istanbul, U.S. stock exchanges, mutual funds, and cryptocurrencies—all through a convenient single platform. Egem Eraslan, Midas’ CEO and founder, has been pivotal in this transformation. He emphasized the goal of making investing more accessible while fostering a secure infrastructure that meets international standards.

Cutting Costs and Enhancing Services

Since its inception in 2020, Midas has redefined investment for individuals across Turkey by offering a seamless and user-friendly service. Investors using the platform have collectively saved nearly $50 million in transaction fees, with nearly half of them starting their investment journey through Midas. Furthermore, Midas has significantly lowered the costs associated with trading; for instance, the platform eliminated Borsa Istanbul commissions in 2025 and slashed U.S. trading fees by 90%.

Today, Midas stands out by providing free live market data and offering fee-free transactions, making it a preferred choice for retail investors in Turkey.

Future Focus: Expanding Product Offerings and Security

With the infusion of new capital, Midas plans to expand its product offerings, introducing sophisticated trading tools aimed at experienced investors. Following the recent launch of margin investing and Midas Pro, they are gearing up to roll out derivatives trading for both Turkish and U.S. equities in September, featuring real-time data and competitive pricing.

Additionally, strengthening security and operational resilience remains a priority. By enhancing their infrastructure, Midas is dedicated to maintaining a safe and reliable investing ecosystem.

A Vision for Growth

Midas’ commitment to democratizing trading doesn’t stop with its current innovations. Egem Eraslan expressed that the vision extends to creating an all-encompassing ecosystem, providing a reliable platform that caters to all investment needs, both domestically and internationally.

Midas aims to keep pushing boundaries in Turkey’s fintech market while ensuring its users have access to world-class investment tools. Engaging in this ongoing journey, Midas is eager to redefine how investing is perceived and offered in Turkey, ensuring that everyone can partake in the world of finance with confidence and ease.

In conclusion, securing such significant funding not only reaffirms Midas’ position as a fintech leader but also reflects the growing interest of international investors in Turkey's burgeoning financial technology scene. This development promises to shape the future of investment in the region, making it an exciting time for investors in Turkey.