Midas Education
Midas Education is a fintech startup founded in 2020 by Egem Eraslan, headquartered in Istanbul, Turkey.
Profile
A retail investment platform that provides access to Turkish and global financial markets with low fees.
Midas Education is a fintech startup founded in 2020 by Egem Eraslan, headquartered in Istanbul, Turkey. The company operates a retail investment platform that provides Turkish users with access to domestic and global financial markets, including Borsa Istanbul, U.S. stocks, mutual funds, and cryptocurrencies. Midas has rapidly grown to serve 3.5 million investors, democratizing access to financial markets by eliminating high fees and minimum balance requirements that previously excluded many retail investors.
The company raised $80 million in a Series B round in August 2025, bringing its total funding to over $140 million, the largest ever for a Turkish fintech. Midas has also expanded into advanced trading tools like margin investing and derivatives, while maintaining a focus on security and operational resilience. The platform has saved users nearly $50 million in transaction fees and introduced half of its users to investing for the first time.
Who buys this
- Retail investors in Turkey seeking access to domestic and international markets
- First-time investors looking for an easy entry point
- Active traders needing advanced tools like margin and derivatives
- Cryptocurrency traders in Turkey
- Savings account holders interested in interest-generating products
Strengths and what to watch
Strengths
- Largest retail investment platform in Turkey with 3.5 million users
- Raised $140M+ in funding, including a record $80M Series B in 2025
- Zero-commission model saved users $50M in fees while acquiring half of them as first-time investors
Watch for
- Regulatory scrutiny as Turkey's financial markets evolve
- Competition from global fintech players expanding into Turkey
- Dependence on Turkish market despite plans for regional expansion
Recent moves
Key Information
- Founded
- 2020
- Headquarters
- Istanbul, Turkey
Frequently Asked Questions
What is Midas Education?
Midas Education is a Turkish fintech startup founded in 2020, offering a retail investment platform. It provides access to Turkish and global financial markets, including Borsa Istanbul, U.S. stocks, mutual funds, and cryptocurrencies, with low fees and no minimum balance requirements.
How does Midas Education help retail investors?
Midas Education democratizes investing by eliminating high fees and minimum balance requirements. It offers access to domestic and global markets, including stocks, mutual funds, and cryptocurrencies, making it easier for first-time investors to start and for active traders to use advanced tools.
What markets can I access through Midas Education?
Midas Education provides access to Borsa Istanbul, U.S. stocks, mutual funds, and cryptocurrencies. This allows Turkish investors to diversify their portfolios both domestically and internationally, all through a single, low-fee platform.
How much funding has Midas Education raised?
Midas Education has raised over $140 million in total funding, including an $80 million Series B round in August 2025. This marks the largest-ever fintech investment in Turkey, supporting the company's rapid growth and product expansion.
What advanced tools does Midas Education offer?
Midas Education offers advanced trading tools like margin investing and derivatives. These tools cater to active traders, providing them with more sophisticated investment options while maintaining a focus on security and operational resilience.
How has Midas Education impacted the Turkish market?
Midas Education has significantly impacted the Turkish market by serving 3.5 million investors, half of whom are first-time investors. The platform has saved users $50 million in fees, making investing more accessible and affordable for retail investors in Turkey.
Sources
- www.prnewswire.com — Series B funding round and user metrics
- www.prnewswire.com — Early funding rounds and product expansion
- www.midaseducation.com — Company overview and product positioning
- www.prnewswire.com — Midas PE investment activities