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The investment app Midas, serving in our country, made headlines on April 22 with a notable development. Accordingly, the company announced that it received a $45 million Series A investment from global investors. With this fund, the company became the largest early-stage financial technology company in Turkey.
Midas Achieves Significant Milestone
This exciting development was announced today on Midas’s official website. The company, which serves its customers on the Istanbul Stock Exchange and the United States stock exchanges with zero commission fees, plans to offer the same service for cryptocurrencies and investment funds with this fund.
With this development, Nasdaq, based in the USA, congratulated the Midas team from a giant screen in Times Square. In this investment round, Canada-based Portage Ventures took the lead, while globally recognized companies like Spark Capital, Earlybird Digital East Fund, and Revo Capital also participated. Paul Desmairas, Founding Partner of Portage Ventures, made the following statement:
“We are very pleased to be a part of Midas’s journey and to support this strong team in improving access to investment tools for users in Turkey.”
