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"turkish Robinhood" Raises $45m, Aims To Expand Reach To Mena

by financemagnates.com posted 1week ago 40 views
Venture Capital
Midas, a fintech startup that allows millions of Turks to access investing markets, announced today (Monday) that it has raised $45 million in a Series A funding round led by Canada's Portage. The round also saw participation from International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital, who had previously invested in the company's $11 million seed round in 2022.Midas Raises $45 Million to Expand Retail Investing in Turkey and BeyondFounded just three years ago, Midas has already amassed over 2 million users in Turkey by offering low-cost access to US and Turkish equities through its mobile app.

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