Midas - About the company
Midas is a series B company based in Uskudar (Turkey), founded in 2020 by 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 2261 active competitors, including 232 funded and 76 that have exited. Its top competitors include companies like Groww, Coinbase and Bitso.
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/
- Social
- 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
23rd among 2261 active competitors
Employee Count
999 as on Jul 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 11 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 | 8748048 | Series B | 7024350 | 7309117 | 1311149 | 9215957 |
Apr 19, 2024 | 6750345 | Series A | 1203800 | 6219507 | 4344731 | |
Feb 07, 2022 | 4705301 | Seed | 5153100 | 2795879 |
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Midas' founders and board of directors
Founder? Claim ProfileThe founders of Midas is Umut Bozkurt.
Here are the details of Midas' key team members:
- 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 999 employees as of Jul 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 Groww, Coinbase and Bitso. 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 | Provider of an online platform for investments and trading services | $596M | 89/100 | ||
2nd |  Coinbase 2012, San Francisco (United States), Public | Online platform for crypto portfolio | $547M | 87/100 | |
3rd | Online trading and exchange platform for cryptocurrency | $331M | 82/100 | ||
4th |  KuCoin 2017, Mahe (Seychelles), Series A | Cryptocurrency exchange and trading platform | $180M | 82/100 | |
5th |  CoinList 2017, San Francisco (United States), Series A | App-based trading platform for cryptocurrency | $119M | 80/100 | |
6th | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
7th | Provider of mobile banking services, including savings, investment, and crypto | $1.72B | 78/100 | ||
8th | Wealthsimple 2014, Toronto (Canada), Series F | Provider of financial services including investing, trading, saving, and borrowing | $1.29B | 77/100 | |
9th | Broker-based online trading and investment platform | $220M | 77/100 | ||
10th | Scalable Capital 2014, Munich (Germany), Series F | Provider of a digital investment and brokerage platform | $550M | 76/100 | |
23rd | Provider of an application for stock and crypto asset trading | $140M | 69/100 |
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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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