Tuesday, 19/08/2025 | 19:40 GMT by Jared Kirui
- The company plans to use the new funding to expand into derivatives trading and launch U.S. options in September.
- Midas’ growth comes as Türkiye’s fintech ecosystem gains global attention, with increasing foreign direct investment supported by improved credit ratings.
Turkey’s fintech firm Midas has secured $80 million in Series B funding, marking a milestone for the Country’s growing financial technology sector. Global investors back the Istanbul-based investment platform.
A Global Bet on Turkish Fintech
QED Investors led the round, joined by new backers International Finance Corporation, HSG, QuantumLight, Spice Expeditions, and George Rzepecki. Existing supporters Spark Capital, Portage Ventures, and Bek Ventures also participated. The raise lifts Midas’ total funding to more than $140 million.
Yusuf Özdalga, Partner at QED Investors, said: “Midas has unlocked access to vast domestic and global investment opportunities for Turkish users, utilising cutting-edge fintech tools. As QED, we are proud to lead Midas’ Series B round, and are incredibly excited to partner with Egem and his team, who have created an exceptionally strong product and performance culture.”
Yusuf Ozdalga, Source: Linkedin
Founded in 2020, Midas has attracted 3.5 million users with commission-free access to Borsa Istanbul, U.S. equities, mutual funds, and cryptocurrencies. The platform eliminated local stock trading commissions earlier this year, after previously cutting U.S. trading fees by 90%. Users have collectively saved an estimated $50 million in transaction costs.
Scaling Into Advanced Products
The company plans to channel fresh capital into derivatives trading and new tools for active investors. U.S. options trading will launch in September, followed by Turkish equity derivatives. Recent product rollouts already include margin investing and advanced analytics .
Midas said part of the funding will support improvements to its infrastructure, focusing on operational resilience and data protection. With its largest round to date and backing from major global funds, the company is positioning itself as a key player in both Turkey and the wider region.
You may also find interesting: Prop Firm Propel Capital Folds After 14 Months, CEO Blames Fierce Competition
According to the latest report, global investors are increasingly turning their attention to Türkiye, with billions of dollars flowing into a wide range of sectors.
A March study, titled Türkiye’s FDI Landscape at a Glance and published by the Investment Office of the Presidency of the Republic of Türkiye, shows that foreign direct investment (FDI) is on the rise, supported by improved credit ratings and large-scale infrastructure projects.
The report highlights fintech as one of the standout industries attracting major international backers. Türkiye’s fintech ecosystem is expanding rapidly, with several firms positioning themselves as potential unicorns. The country’s commitment to fostering innovation in financial services has made it a key area of focus for global investors seeking growth opportunities.
Turkey’s fintech firm Midas has secured $80 million in Series B funding, marking a milestone for the Country’s growing financial technology sector. Global investors back the Istanbul-based investment platform.
A Global Bet on Turkish Fintech
QED Investors led the round, joined by new backers International Finance Corporation, HSG, QuantumLight, Spice Expeditions, and George Rzepecki. Existing supporters Spark Capital, Portage Ventures, and Bek Ventures also participated. The raise lifts Midas’ total funding to more than $140 million.
Yusuf Özdalga, Partner at QED Investors, said: “Midas has unlocked access to vast domestic and global investment opportunities for Turkish users, utilising cutting-edge fintech tools. As QED, we are proud to lead Midas’ Series B round, and are incredibly excited to partner with Egem and his team, who have created an exceptionally strong product and performance culture.”
Yusuf Ozdalga, Source: Linkedin
Founded in 2020, Midas has attracted 3.5 million users with commission-free access to Borsa Istanbul, U.S. equities, mutual funds, and cryptocurrencies. The platform eliminated local stock trading commissions earlier this year, after previously cutting U.S. trading fees by 90%. Users have collectively saved an estimated $50 million in transaction costs.
Scaling Into Advanced Products
The company plans to channel fresh capital into derivatives trading and new tools for active investors. U.S. options trading will launch in September, followed by Turkish equity derivatives. Recent product rollouts already include margin investing and advanced analytics .
Midas said part of the funding will support improvements to its infrastructure, focusing on operational resilience and data protection. With its largest round to date and backing from major global funds, the company is positioning itself as a key player in both Turkey and the wider region.
You may also find interesting: Prop Firm Propel Capital Folds After 14 Months, CEO Blames Fierce Competition
According to the latest report, global investors are increasingly turning their attention to Türkiye, with billions of dollars flowing into a wide range of sectors.
A March study, titled Türkiye’s FDI Landscape at a Glance and published by the Investment Office of the Presidency of the Republic of Türkiye, shows that foreign direct investment (FDI) is on the rise, supported by improved credit ratings and large-scale infrastructure projects.
The report highlights fintech as one of the standout industries attracting major international backers. Türkiye’s fintech ecosystem is expanding rapidly, with several firms positioning themselves as potential unicorns. The country’s commitment to fostering innovation in financial services has made it a key area of focus for global investors seeking growth opportunities.
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Executive Interview with Theodoros Kringou from Infocredit Group Ltd | iFX EXPO International 2025
Executive Interview with Theodoros Kringou from Infocredit Group Ltd | iFX EXPO International 2025
Jeff Patterson of Finance Magnates speaks with Theodoros Kringou, Founder and CEO of Infocredit Group, at iFX EXPO International 2025. They explore how Infocredit is driving innovation in compliance tech, integrating ESG risk scoring, and using AI and machine learning to reduce false positives in fraud detection, while maintaining a crucial human element. #iFXEXPO2025 #InfocreditGroup #ComplianceTech #AML #KYC #Fintech #AI #FinanceMagnates #RiskManagement 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates speaks with Theodoros Kringou, Founder and CEO of Infocredit Group, at iFX EXPO International 2025. They explore how Infocredit is driving innovation in compliance tech, integrating ESG risk scoring, and using AI and machine learning to reduce false positives in fraud detection, while maintaining a crucial human element. #iFXEXPO2025 #InfocreditGroup #ComplianceTech #AML #KYC #Fintech #AI #FinanceMagnates #RiskManagement 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates speaks with Theodoros Kringou, Founder and CEO of Infocredit Group, at iFX EXPO International 2025. They explore how Infocredit is driving innovation in compliance tech, integrating ESG risk scoring, and using AI and machine learning to reduce false positives in fraud detection, while maintaining a crucial human element. #iFXEXPO2025 #InfocreditGroup #ComplianceTech #AML #KYC #Fintech #AI #FinanceMagnates #RiskManagement 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates speaks with Theodoros Kringou, Founder and CEO of Infocredit Group, at iFX EXPO International 2025. They explore how Infocredit is driving innovation in compliance tech, integrating ESG risk scoring, and using AI and machine learning to reduce false positives in fraud detection, while maintaining a crucial human element. #iFXEXPO2025 #InfocreditGroup #ComplianceTech #AML #KYC #Fintech #AI #FinanceMagnates #RiskManagement 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates speaks with Theodoros Kringou, Founder and CEO of Infocredit Group, at iFX EXPO International 2025. They explore how Infocredit is driving innovation in compliance tech, integrating ESG risk scoring, and using AI and machine learning to reduce false positives in fraud detection, while maintaining a crucial human element. #iFXEXPO2025 #InfocreditGroup #ComplianceTech #AML #KYC #Fintech #AI #FinanceMagnates #RiskManagement 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates speaks with Theodoros Kringou, Founder and CEO of Infocredit Group, at iFX EXPO International 2025. They explore how Infocredit is driving innovation in compliance tech, integrating ESG risk scoring, and using AI and machine learning to reduce false positives in fraud detection, while maintaining a crucial human element. #iFXEXPO2025 #InfocreditGroup #ComplianceTech #AML #KYC #Fintech #AI #FinanceMagnates #RiskManagement 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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Executive Interview| Constantinos Michailides| DGM Tech Solutions Ltd| iFX EXPO International 2025
Executive Interview| Constantinos Michailides| DGM Tech Solutions Ltd| iFX EXPO International 2025
Executive Interview| Constantinos Michailides| DGM Tech Solutions Ltd| iFX EXPO International 2025
Executive Interview| Constantinos Michailides| DGM Tech Solutions Ltd| iFX EXPO International 2025
Executive Interview| Constantinos Michailides| DGM Tech Solutions Ltd| iFX EXPO International 2025
Executive Interview| Constantinos Michailides| DGM Tech Solutions Ltd| iFX EXPO International 2025
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!