Midas is a Turkey-based fintech company founded in 2020, operating a mobile-first retail investment platform. The platform provides commission-free access to financial markets, enabling users to invest in US and Turkish equities, mutual funds, cryptocurrencies, gold certificates, options, and warrants from a single application. It has attracted 3.5 million registered users, with notable penetration among younger demographics - approximately one in five young people in Turkey use the platform for equity investing.
The company's technical focus spans mobile application development, fintech, and digital brokerage. Midas secured $80 million in Series B funding to support its growth. Its operations and market presence are concentrated in Turkey, where it positions itself as a platform aimed at broadening access to financial markets for everyday investors.
