Turkish fintech Midas has raised $80m in Series B funding, the largest ever fintech deal in the country. Fintech-focused VC firm QED Investors led the funding round, with participation from the International Finance Corporation, Nik Storonsky’s QuantumLight, HSG (formerly Sequoia China), Spice Expeditions and George Rzepecki.
News
August 19, 2025
QED, Nik Storonsky’s QuantumLight invest $80m into Turkish fintech Midas
The funding round is Turkey’s largest ever in the fintech sector
2 min read
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Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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