Turkish fintech company Midas has completed a $45 million Series A funding round, led by Portage.

ChainCatcher news, according to PRNewswire, Turkish fintech startup Midas has completed a $45 million Series A funding round, led by Portage, with participation from the International Finance Corporation, Spark Capital, Earlybird Digital East Fund, Revo Capital, and others.

It is reported that Midas will use the funds from this round to launch new products, including cryptocurrency trading, mutual funds, and savings accounts, with plans to double its workforce to over 400 people and expand into emerging markets.