Midas

Commission-free investing in US and Turkish stocks, mutual funds, and crypto

Istanbul, Turkey · Founded 2020 · $50.0M raised

Headquarters
Istanbul, Istanbul
Employees
51–200
Founded
2020
Business Model
B2C
Total Funding
$50.0M
Last Round
$50.0M Series AMar 2026
Rounds
4

About

Midas is Turkey's leading retail investment platform, founded in 2020 by Egem Eraslan and Umut Bozkurt, offering commission-free access to US and Turkish equities, mutual funds, and cryptocurrencies through a single mobile app. The platform has grown to over 3.5 million investors and saved users more than $70M in commissions. Midas raised $80M in its Series B round in 2025, marking the largest fintech investment in Turkish history, with total funding exceeding $140M.

Summary

Midas is a Fintech company based in Istanbul, Turkey, founded in 2020. It has raised $50.0M in total across 4 rounds, most recently a $50.0M Series A round in Mar 2026. Investors include QED Investors, RRE Ventures and Creandum.

Tech & App Stack

3 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Series ASeries AMar 2026
$50.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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