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Overview
Midas is a fintech platform with an SEC-licensed app that lets individual investors access major U.S. stock markets, including NASDAQ and NYSE, to buy and invest in a wide range of stocks (about 10,000 shares listed on the NYSE). The app provides investment tools that help users calculate potential returns and share financial summaries, making it easier to plan and communicate a portfolio strategy. Users interact with the platform to place trades and view insights, while the company earns revenue mainly from transaction fees and may offer premium features through subscriptions. Midas aims to help people diversify their portfolios and build a stronger financial future by giving simple access to large-cap stocks and clear, shareable financial insights.
About Midas
Industries
Data & Analytics
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series B
Total Funding
$139M
Headquarters
Istanbul, Türkiye
Founded
2020
Simplify's Take
What believers are saying
- $80M Series B in August 2025 funds security upgrades and trader products.
- Serves 3.5 million profitable users since 2021 launch.
- QED Investors and IFC lead funding, totaling over $140M.
What critics are saying
- Turkish Central Bank bans US stock access, slashing transaction fees.
- QNB Finansinvest's zero-commission trading erodes Midas's user base.
- SEC probes misleading license claim, revokes US market access.
What makes Midas unique
- Midas provides single-platform access to Borsa Istanbul, U.S. stocks, funds, and crypto.
- SEC-licensed app enables Turkish users to trade 10,000 NYSE/NASDAQ shares.
- Tools calculate investment potential and share financial summaries for individuals.
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Funding
Total Funding
$139M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↑ 2%ISTANBUL, Aug. 19, 2025 /PRNewswire/ - Midas, Turkey's leading investment platform, has raised $80 million in its Series B funding round, the largest investment ever secured by a Turkish fintech company.
Midas has secured an $80 million Series B funding round, marking the largest-ever fintech investment in Turkey.
/PRNewswire/ -- Midas, Turkey's leading investment platform, has raised $80 million in its Series B funding round, the largest investment ever secured by a...
Midas Technology Corp, a Turkish fintech startup, is preparing to raise a Series B funding round to expand its portfolio and geographical reach. This follows a previous funding round a year ago.
Midas, a Turkish fintech startup, raised $45 million in one of Turkey's largest Series A funding rounds, led by Portage. The funds will support the launch of new products including cryptocurrency trading, investment funds, and savings accounts. With this capital, Midas aims to double its workforce to over 400 and expand into emerging markets. Since its 2021 launch, Midas has reached profitability and attracted 2 million users, opening up the Turkish investment market to retail investors.
Midas is Hiring for 1 Jobs on Simplify!
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About Midas
Industries
Data & Analytics
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series B
Total Funding
$139M
Headquarters
Istanbul, Türkiye
Founded
2020
Midas is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today