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Numerous popular traders took part in Midas’ funding bullet, as well as Worldwide Finance Corporation, Spark Funding, Earlybird Electronic East Financing, and Revo Funding. The brand new $forty five million investment round is one of the premier to own a great Turkish fintech lately, next just to Param, an inserted financing business one to elevated $fifty million in the 2022. Midas draws reviews to Robinhood, a famous U.S.-based investment program. Yet not, Midas needed to get a different method because of the novel market standards in the Turkey. The company was required to create numerous issues with its very own notice-cleaning and you will infant custody prospective, which have been not needed to possess Robinhood. In the preferred content, claiming someone provides “the new Midas pressing” means that anyone is very successful at any form he otherwise she energy.

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