Midas Menkul Değerler A.Ş. is a Turkish financial technology company that operates a mobile investment platform. It is headquartered in Üsküdar, Istanbul.https://www.bloomberg.com/news/articles/2026-06-19/turkish-fintech-firm-midas-plans-expansion-into-payment-systems
History Midas was founded in 2020 by Egem Eraslan. The company obtained a brokerage licence from the Capital Markets Board of Turkey in September 2020.
In April 2021, Midas launched its platform that initially offered fractional shares in US-listed companies to investors in Turkey. Its launch followed a seed funding round led by Deniz Ventures.
In February 2022, Midas received additional funding led by Spark Capital and Earlybird Digital East Fund.
In April 2024, Midas raised US$45 million in a Series A round led by Portage Ventures, with participation from the International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital.
In August 2024, Midas launched Midas Kripto, a separate mobile application for digital assets.
In August 2025, Midas raised US$80 million in a Series B round led by QED Investors, which valued it at approximately US$1 billion.
In 2025, Midas eliminated commissions on Borsa Istanbul trades and expanded its operations. A year later, in 2026, it applied for an electronic money institution license.
As of September 2025, Midas had 3.5 million users.
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