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

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds and 11 investors for this company. The full record is or through the API.

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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Funding: Seed through Series A. Amounts, valuations, and investors where available.

Investors

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