Tech Company Financing Transactions
Midas Funding Round
On 4/19/2024, Midas raised $45 million in Series A investment from Portage, Earlybird Venture Capital and International Finance.
Transaction Overview
Company Name
Announced On
4/19/2024
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series A
Investors
Portage (Lead Investor) (Paul Desmarais)
Proceeds Purpose
Midas now plans to use the new funding to roll out three new products: cryptocurrency trading, mutual funds and savings accounts.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Istanbul, Undisclosed
Turkey
Istanbul, Undisclosed
Turkey
Phone
Undisclosed
Website
Email Address
Overview
Midas is a financial institution established under the Capital Markets Law No. 6362, which operates as an intermediary in the capital markets. Midas is among the institutions obliged to comply with the laws and regulations of the Financial Crimes Investigation Board (MASAK).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Egem Eraslan
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