Fintechs Surge in Pursuit of Bank Charters, New Report Says
October 9, 20255 min
New report from QED Investors and Oliver Wyman details the bank charter wave by fintechs and nonbanks
New report from QED Investors and Oliver Wyman details the bank charter wave by fintechs and nonbanks
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...
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