PANews reported on August 22nd that Bloomberg reported that Midas, the zero-commission trading platform owned by Istanbul-based brokerage Midas Menkul Degerler AS, has been valued at nearly $1 billion following its latest funding round. Midas, considered Turkey's answer to Robinhood, announced this week that it has secured $80 million in funding led by QED Investors, with participation from new investors including the International Finance Corporation (IFC), and existing backers such as Spark Capital. This brings Midas' total funding to $140 million, making it a landmark project in Türkiye's fintech sector.PANews reported on August 22nd that Bloomberg reported that Midas, the zero-commission trading platform owned by Istanbul-based brokerage Midas Menkul Degerler AS, has been valued at nearly $1 billion following its latest funding round. Midas, considered Turkey's answer to Robinhood, announced this week that it has secured $80 million in funding led by QED Investors, with participation from new investors including the International Finance Corporation (IFC), and existing backers such as Spark Capital. This brings Midas' total funding to $140 million, making it a landmark project in Türkiye's fintech sector.

Midas, Turkey's "Robinhood," completes $80 million funding round at nearly $1 billion valuation

2025/08/22 20:00

PANews reported on August 22nd that Bloomberg reported that Midas, the zero-commission trading platform owned by Istanbul-based brokerage Midas Menkul Degerler AS, has been valued at nearly $1 billion following its latest funding round. Midas, considered Turkey's answer to Robinhood, announced this week that it has secured $80 million in funding led by QED Investors, with participation from new investors including the International Finance Corporation (IFC), and existing backers such as Spark Capital. This brings Midas' total funding to $140 million, making it a landmark project in Türkiye's fintech sector.

Market Opportunity
ZeroLend Logo
ZeroLend Price(ZERO)
$0.000008736
$0.000008736$0.000008736
-2.77%
USD
ZeroLend (ZERO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.