Midas has applied to Turkey’s central bank for an electronic money institution license. The company plans to launch a digital wallet and prepaid card offering to expand into consumer payments.
6:29 PMPYMNTS1 story from 1 source
Sunday, June 21, 2026
Day’s Recap is unavailable for this topic and date. Feel free to go through our curated list of stories below.
Other Developments
A curated list of other prominent stories from this day.
6:29 PMPYMNTS
Turkish FinTech Midas Targets Consumer Payments Business
Summary
Midas has applied to Turkey’s central bank for an electronic money institution license. The company plans to launch a digital wallet and prepaid card offering to expand into consumer payments.
Why it matters
A license would let Midas turn its user base into a full-stack consumer finance platform, raising competitive pressure in Turkey’s payments market.
Make it yours
Build Your First Pass.
Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!