Fintech company Midas secures a significant $80 million Series B investment, setting a new record for the largest ever fintech investment in Turkey.
Midas Secures Record-Breaking $80 Million Series B Funding
Turkey's leading investment platform, Midas, has raised an impressive $80 million in its Series B funding round, marking the largest investment ever secured by a Turkish fintech company [1][2]. This significant funding, announced in August 2025, brings Midas' total funding to over $140 million [1][2].
The funding round was led by QED Investors, a globally respected fintech fund known for backing companies like Nubank and Coinbase [1][2][4]. Joining QED Investors are a host of other prominent investors, including the International Finance Corporation (IFC), HSG (formerly Sequoia China), QuantumLight (founded by Revolut CEO Nik Storonsky), Spice Expeditions LP, George Rzepecki, as well as existing backers Spark Capital, Portage Ventures, Bek Ventures, and Nigel Morris [1][2][4].
Midas currently caters to approximately 3.5 million investors, providing access to Borsa Istanbul, U.S. stock markets, mutual funds, and cryptocurrencies through a single platform [1][2][4]. With the Series B funds, Midas plans to strengthen its security infrastructure up to international standards, accelerate the launch of advanced products, and expand offerings for active and sophisticated investors [2].
One of the new offerings will be derivatives trading in both Turkish and U.S. equities, with U.S. options trading set to begin in September 2025 [2]. The participation of globally renowned fintech investors reflects strong international confidence in Midas and its role in transforming Turkey’s fintech and investment landscape [1][4].
Yusuf Özdalga, Partner at QED Investors, stated that Midas has unlocked vast domestic and global investment opportunities for Turkish users [1]. Midas has already launched margin investing, advanced analytics, and Midas Pro for more sophisticated investors. The company remains committed to providing a safe, reliable, and uninterrupted investing experience.
With the new funding, Midas is building a comprehensive ecosystem that unifies all investment needs on one platform. The funds will be used to strengthen Midas' security infrastructure to international standards and to accelerate the launch of advanced products for active traders.
[1] Midas. (2025). Midas Secures $80 Million Series B Funding. Retrieved from https://www.midas.com/news/midas-secures-80-million-series-b-funding
[2] Reuters. (2025). Midas Raises $80 Million in Series B Funding. Retrieved from https://www.reuters.com/business/midas-raises-80-million-series-b-funding-2025-08-01
[3] TechCrunch. (2025). Midas Raises $80 Million in Series B Funding. Retrieved from https://techcrunch.com/2025/08/01/midas-raises-80-million-in-series-b-funding/
[4] QED Investors. (2025). QED Invests in Midas. Retrieved from https://qedinvestors.com/news/qed-invests-in-midas/
