Midas: Announced that it has raised $11 million in equity funding
- Midas, a retail investing startup that gives access to US and Turkish equities in Turkey
- The fundraise comes just 8 months after their inception and is led by Spark Capital and Earlybird Digital East Fund
- This is one of the largest fintech seed investments to date in Turkey
- Launched with a large waitlist in April 2021, and over $100m has now been traded on the platform
- The funds will be used for launching cryptocurrency products, building infrastructure to power banks
- The first retail investment app in Turkey to offer low commission trading, fractional shares and US equities
