US stock markets and To Borsa Istanbul Midas, the financing application that provides investment opportunities, has achieved significant success with the $45 million Series A investment it received from global investors. This investment belongs to Turkey largest early-stage fintech investment and was recorded as the second largest early stage investment.

The number of Midas users has increased recently more than 2.5 million. Midas, which has so far provided the opportunity to invest in US stock exchanges and Borsa Istanbul on one platform, is offering its users a new investment of $45 million. crypto assets and investment funds It also wants to offer investment opportunities.

Nasdaq celebrates Midas on a big screen in Times Square in New York

Midas’ record investment of $45 million came at a critical time for financial stability, when there was talk of a recession in the global economy. It is a very valuable investment for the sector, as it was purchased during a difficult period. The US-based Nasdaq, the world’s largest technology exchange, is displayed on a giant screen in Times Square. Midas celebrated.

Old and new investors met in a record investment round

Canadian-based company that stands out as an investor of major companies in the field of financial technologies on a global scale. Portage Enterprises Led a record $45 million investment round. The other new investor in the round is the investment arm of the World Bank IFC happened. In addition, Midas’ world-renowned existing investors Spark Capital, Earlybird Digital East Fund and Revo Capital renewed their investments in this round and renewed their confidence in Midas. Before that, Midas acquired Spark Capital, Earlybird Digital East Fund and Revo Capital in 2022. $11 million had received investments.

Paul Desmarais III, co-founder of Portage Ventures, who led the Series A round. “Midas is leading the transformation trend in Turkey’s financial world. At Portage, we invest in innovative financial technologies on a global scale. We believe Midas is ready to lead transformation and innovation in a region open to new financial technologies. We are very happy to be part of Midas’ journey and support this strong team in gaining access to investment tools for users in Turkey..” said.

“Our biggest goal is for our users to have the lowest commissions and smoothest experience across all investment products.”

CEO of Midas Egem Eraslan“This investment once again demonstrated Midas’ determination to become the only mobile application that meets all investment needs. The fact that the largest funds in the world have invested so heavily in Midas shows the confidence they have in Midas. Our biggest goal is for our users to have the lowest commissions and smoothest experience across all investment products. In the coming days, our users will be able to invest in crypto assets and TEFAS funds, as well as in Turkish and US stock markets, through Midas. With the support of this investment, we will accelerate the transformation in Turkey’s investment ecosystem.He expressed his goals in the words: