BTS & Partners has advised Revo Capital on co-leading a USD 11 million seed round for Midas, alongside Spark Capital and Earlybird Venture Capital with the participation of Nigel Morris. Reportedly, White & Case advised Midas.
Midas is an investing app that lets retail investors trade US and Turkish stocks via a mobile experience. According to BTS & Partners, “aspiring to become a comprehensive wealth management platform that makes investing available to the masses in emerging markets, Midas also offers a first-in-class trading infrastructure to other companies – powering an entire industry.”
BTS & Partners’ team was led by Partner Okan Arican and included Senior Associate Muge Minareci.