Midas Raises $80M in Turkey’s Largest Fintech Series B

Midas, Turkey’s leading investment platform, has raised $80 million in its Series B funding round, the largest investment ever secured by a Turkish fintech company. This brings Midas’ total funding to date to more than $140 million. Midas serves 3.5 million investors by providing access to Borsa Istanbul, U.S. stock markets, mutual funds, and cryptocurrencies through a single platform. The company will use the new capital to further strengthen its security infrastructure to international standards and to accelerate the launch of advanced...

Futu Reports Q2 2025: Net Income Up 105% to $339M

Moomoo’s parent company, Futu Holdings Ltd., a leading global tech-driven online brokerage and wealth management platform, announced its unaudited Q2 2025 earnings with US$676.6 million in revenues, up 69.7% year-over-year (“YoY”), and US$338.8 million in non-GAAP adjusted net income, up 105.2% YoY. As of June 30, 2025, the Company reported 27.12 million registered users, 5.24 million brokerage accounts and 2.88 million funded accounts. The Company’s total client assets surged to US$124 billion, demonstrating an accelerated growth of 17% quarter-over-quarter (“QoQ”)...

Stephen Siderow Named to NewVest Advisory Council

Siderofsky Strategic Advisors LLC today announced that its Founder and Managing Principal, Stephen Siderow, has been named to the Advisory Council of NewVest, an innovative alternative investment platform of passive index funds for private markets. Through Siderofsky Strategic Advisors, Mr. Siderow is an advisor to investment managers, fintech companies and other growing companies. He is also the former founder and president of a leading diversified alternative asset management firm. Siderow, the co-founder and former president...

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