Egem Eraslan (Midas)
Overview
Egem Eraslan is a prominent figure in Turkey's fintech industry, recognized as the founder and CEO of Midas, a fintech platform focused on retail investments in Turkish and U.S. equities as well as mutual funds and cryptocurrencies. Born in Izmir, Turkey, Eraslan's educational pursuits led him to Boston University, where he obtained a Bachelor of Science in Electrical Engineering. His career trajectory includes substantial contributions to the field of software engineering, which laid the groundwork for his entrepreneurial ventures. Midas, founded in 2020, is celebrated for reshaping the investment landscape in Turkey by providing cost-effective, seamless access to financial markets for retail investors.
Recent Developments
In recent years, Egem Eraslan has been at the forefront of significant developments in the fintech sector:
- August 2025: Midas successfully secured a Series B funding round of $80 million, led by QED Investors, marking the largest investment in a Turkish fintech company to date. This funding is slated to bolster Midas's technology infrastructure and expand its product offerings, including derivatives trading.
- March 2025: The "Midas Experience" podcast featured Eraslan highlighting the importance of financial literacy and technology integration in expanding market access for Turkish investors.
- February 2025: An announcement was made regarding Midas's expansion plans to introduce advanced trading options and security enhancements to meet international standards. The company emphasized a focus on user security and infrastructure resilience.
- April 2024: Midas raised $45 million in a Series A funding round, led by Portage, to further its mission of democratizing financial markets in Turkey and potentially expanding to the MENA region.
- 2024-present: Midas has continued to emphasize financial accessibility, offering zero commission trading on Borsa Istanbul and reduced fees for U.S. equities, along with educational content to aid new investors.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Egem Eraslan |
| Born | Izmir, Turkey |
| Nationality | Turkish |
| Occupation | Founder & CEO of Midas |
| Known For | Fintech innovation and founding Midas |
| Education | B.Sc. in Electrical Engineering, Boston University |
Early Life and Education
Egem Eraslan was born and raised in Izmir, Turkey, in a family with a strong educational background. He completed his early education at Izmir Özel Ege Lisesi, founded by his grandfather. Pursuing higher education abroad, Eraslan attended Boston University from 2010 to 2014, where he majored in Electrical Engineering. His time in the United States exposed him to advanced technological and financial systems, which influenced his later endeavors in fintech. After completing his degree, he returned to Turkey, driven by a desire to innovate and modernize the Turkish financial services industry.
Career and Notable Achievements
Egem Eraslan's career in technology began at Staples as a software engineer. He transitioned into entrepreneurship by founding Midas in March 2020, a platform aimed at providing affordable access to financial markets in Turkey.
- 2020: Established Midas, launching the platform with a focus on democratizing investment opportunities.
- 2021-2022: Under Eraslan's leadership, Midas rapidly expanded its user base and received early seed funding.
- 2023: Introduced zero-commission trading for Turkish equities, significantly reducing market barriers for local investors.
- 2024: Led Midas through a successful Series A funding round to expand service offerings and enhance platform functionality.
- 2025: Achieved a landmark Series B funding round, positioning Midas as a significant player in the regional fintech industry.
Current Work and Impact
Currently, Egem Eraslan continues to lead Midas, focusing on expanding its services and markets. The platform has become a staple for over 3.5 million users, simplifying the process of investing in Turkish and U.S. markets. Eraslan's vision for Midas continues to emphasize accessibility and technological integration, setting new standards in the fintech industry both nationally and across the MENA region. Its comprehensive ecosystem now includes cryptocurrencies, mutual funds, and educational content, facilitating the entrance of first-time investors into the financial markets.
Egem Eraslan Kimdir
Egem Eraslan, widely recognized in Turkey’s financial technology landscape, has become synonymous with the modernization of retail investing. Known for his innovative approaches, Eraslan's ventures have effectively increased market participation amongst Turkish citizens by providing easier access to diversified investment products and lowering transaction costs.
Egem Eraslan Serveti
While specific details about Egem Eraslan's net worth are not publicly disclosed, his position as CEO of a successful fintech startup, along with strategic funding rounds and expansive growth, likely contribute to a significant personal wealth portfolio. His business ventures continue to attract substantial investments, underscoring Midas's prominent position in the fintech sector.
Conclusion
Egem Eraslan remains an influential force in the Turkish fintech realm, constantly pushing the envelope to enhance financial accessibility and literacy. His commitment to simplifying investment processes through technology has disrupted traditional market models, providing millions with opportunities to engage in the financial markets. As Midas ventures further into international markets and advanced securities, Eraslan's leadership is set to leave an enduring legacy in both Turkish and global financial sectors.