Photo - Midas
54550

Midas

Argentina
Market: Internet and IT, Financial services
Stage of the project: Idea or something is already done

Date of last change: 18.10.2021
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Idea

Midas is a neobroker, whose mission is to enable every Latin American to access financial services only available to high net worth individuals, in a simple, transparent and cost-efficient way.

Current Status

We are in the process building the platform, integrating with Argentinian top market, integrating with the core system. Regarding Mexico, we are in the process of incorporating the company and starting the registration as investment advisor, the figure we will be using for the deployment of our business there.

Problem or Opportunity

millions of Latin-Americans can't access financial services in order to protect or growth their savings. The platforms available are expensive for small investments and difficult to operate by non sophisticated customers

Solution (product or service)

We are going to make our platform available for every Latin-American, without a cost barrier (everyone will be able to invest with as much as a dollar), and with a very low transaction fee.

Business model

We have a transaction based model and an assets based model, in which we give the customer recommendations and charge a % of his portfolio.
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