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Turkish fintech company MIDAS has completed a Series A financing round of 45 million US dollars, led by PORTAGE.

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TechFlow
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Apr 22, 2024

Turkish financial technology startup MIDAS has completed a Series A financing round of $45 million. The round was 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, they plan to double their workforce to over 400 employees and expand into emerging markets.

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