🇹🇷🔥Midas receives $45 million investment, announces Crypto move
#Midas , one of the important investment platforms in Turkey, announced that it has received an investment of $ 45 million in the Series A funding round with its announcement. The company also announced that it will provide cryptocurrency investment services in the near future.
Midas company, which has managed to win a large investor base in Turkey by offering investments in both Turkish and many foreign stocks, announced that it has received an investment of $ 45 million. “We have become the financial technology company that has received the largest early stage investment in Turkey by receiving a record “Series A” investment of $ 45 million from global investors,” the statement said.
The company that contributed the most to the investment round was Canada-based Portage Ventures. The other new investor in the round was IFC, the investment arm of the World Bank. Spark Capital, Earlybird Digital East Fund and Revo Capital, which are among the past investors of Midas, also reiterated their investments in this round.
The cryptocurrency option is also coming
One of the most important announcements the company made in this statement was related to cryptocurrencies. Speaking on the subject, company CEO Egem Eraslan said the following:
“With this investment, I think we have once again demonstrated our determination to become the only mobile application for all of Midas' investment needs. The fact that the world's largest funds have made such a large investment in Midas shows their confidence in Midas. Our biggest goal is for our users to have the lowest commissions and the smoothest experience in all investment products. In the coming days, you will be able to invest in Turkish and American stock exchanges, as well as crypto asset and TEFAS funds through Midas.
Congratulations from #Nasdaq
The investment received by Midas was also listed on the Nasdaq billboard in New York. The Nasdaq stock exchange congratulated Midas on the investment it received.
