Midas - About the company
Midas is a series B company based in Uskudar (Turkey), founded in 2020 by Egem Eraslan and Umut Bozkurt. It operates as a Provider of an application for stock and crypto asset trading. Midas has raised $140M in funding from investors like Spark Capital, QED Investors and Earlybird, with a current valuation of $*****. The company has 21 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Coinbase, Bitkub and CoinTR.
Company Details
Provider of an application for stock and crypto asset trading. The application facilitates trading in stocks, investment funds, crypto assets, and warrants. It offers tools for investment management, including stock screeners and technical analysis charts. The application is designed for both new and experienced investors.
- Website
- www.getmidas.com/
- Email ID
- *****@getmidas.com
- Registered Address
- 233/4, LOWER CIRCULAR ROAD,CALCUTTA, W.B., NA, West Bengal, India, 000000
Key Metrics
Founded Year
2020
Location
Uskudar, Turkey
Stage
Series B
Total Funding
$140M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 23, 2025
Investors
Ranked
3rd among 21 active competitors
Employee Count
943 as on Mar 31, 2026
Legal entities associated with Midas
Midas is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MIDAS INDIA PVT LTD CIN: U35301WB1955PTC022611 , India, Strike off | Sep 10, 1955 | - | - |
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Midas's funding and investors
Midas has raised a total funding of $140M over 3 rounds. Its first funding round was on Feb 07, 2022. Its latest funding round was a Series B round on Aug 19, 2025 for $*****. 9 investors participated in its latest round. Midas has 10 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Midas:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2025 | 4617686 | Series B | 3761024 | 7776072 | 6128984 | 2668692 |
Apr 19, 2024 | 4916520 | Series A | 1444974 | 5334640 | 8930033 | |
Feb 07, 2022 | 1504494 | Seed | 1652176 | 3727151 |
View details of Midas's funding rounds and investors
Midas' founders and board of directors
Founder? Claim ProfileThe founders of Midas are Egem Eraslan and Umut Bozkurt.
Here are the details of Midas' key team members:
- Egem Eraslan: Founder & Ceo of Midas. They are also an angel investor in 1 startup.
- Umut Bozkurt: Co-Founder of Midas. Contact Info: 1 email address
View details of Midas's Founder profiles and Board Members
Midas' employee count trend
Midas has 943 employees as of Mar 26. Here is Midas's employee count trend over the years:
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Midas's Competitors and alternates
Top competitors of Midas include Coinbase, Bitkub and CoinTR. Here is the list of Top 10 competitors of Midas, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Coinbase 2012, San Francisco (United States), Public | Online platform for crypto portfolio | $547M | 88/100 | |
2nd | Cryptocurrency exchange and trading platform | $21.6M | 70/100 | ||
3rd | Provider of an application for stock and crypto asset trading | $140M | 69/100 | ||
4th | Cryptocurrency trading platform | - | - | 41/100 | |
5th | Deniz Yatirim 1998, Istanbul (Turkey), Unfunded | Online platform for multi-asset trading | - | - | 39/100 |
6th | Miracle Cash 2019, Besiktas (Turkey), Unfunded | Online platform offering trading of cryptocurrency | - | - | 39/100 |
7th | Garanti BBVA Kripto 2023, Istanbul (Turkey), Unfunded | Digital assets platform providing a range of services including cryptocurrency storage, trading, and management to individuals and institutions | - | - | 33/100 |
8th | Online exchange platform for cryptocurrency | - | - | 30/100 | |
9th | Online trading platform for multiple assets | - | - | 29/100 | |
10th | NAGA BROKERS 2017, Hamburg (Germany), Funding Raised | Brokerage trading service provider for crypto assets | - | - | 24/100 |
Looking for more details on Midas's competitors? Click here to see the top ones
Midas's Investments and acquisitions
Midas has made no investments or acquisitions yet.
Reports related to Midas
Here is the latest report on Midas's sector:
News related to Midas
Media has covered Midas for a total of 2 events in the last 1 year.
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•
Midas Secures $80 Million Series B, Marking Turkey’s Largest-Ever Fintech InvestmentFintech Finance•Aug 20, 2025•IFC, Midas, QuantumLight, QED Investors and 6 others
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IFC Invests $6M in Türkiye digital brokerage company MidasTechNode•May 03, 2024•IFC, Midas, Spark Capital, Earlybird and 2 others
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Midas raises USD 45 million in Series A fundingThe Paypers•Apr 23, 2024•Midas, Portage, IFC, Spark Capital and 11 others
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Meet Midas raises USD11m in funding round led by Spark Capital and Earlybird Digital East FundPrivate Equity Wire•Feb 07, 2022•Midas Group, Spark Capital, Earlybird, Revo Capital and 1 other
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