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.