Turkish fintech company MIDAS completes $45 million Series A financing.

Turkish financial technology startup MIDAS has completed a Series A financing round of $45 million, led by PORTAGE, with participation from INTERNATIONAL FINANCE CORPORATION, SPARK CAPITAL, EARLYBIRD DIGITAL EAST FUND, REVO CAPITAL, and others. MIDAS plans to use this funding to launch new products, including cryptocurrency trading, mutual funds, and savings accounts. Additionally, the company plans to double its workforce to over 400 employees and expand into emerging markets.