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Home / Business and Economy / MIDASX Revenue Surges 30% in Record Quarter

MIDASX Revenue Surges 30% in Record Quarter

10 Feb

•

Summary

  • MIDASX achieved a 30% revenue increase in Q3 FY 25-26.
  • The company's SaaS model has reached its break-even point.
  • MIDASX expanded its workforce and opened a new Mumbai office.

MIDASX, an Indian fintech company, has announced a record-breaking third quarter for the fiscal year 2025-26. The company experienced a substantial 30% increase in revenue, demonstrating successful operational scaling. A major achievement highlighted is the SaaS model reaching its break-even point, signaling financial stability and growth.

Co-Founder and CEO Aakash Bansal emphasized a strategic shift towards scaling operations and achieving cash-flow positivity. MIDASX is actively developing a robust AI-driven fintech ecosystem, aiming to transform financial distribution in India by equipping intermediaries with advanced technology. The company also expanded its B2B2C Multi-Asset Marketplace and established a new office in Mumbai, increasing its workforce to support its advancement in India's wealth management sector.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
MIDASX reported a 30% increase in revenue for Q3 FY 25-26, marking its most successful quarter to date.
Yes, the company's software-as-a-service (SaaS) model has reached its break-even point, a significant financial milestone.
MIDASX aims to build a robust AI-driven fintech ecosystem to empower financial intermediaries and reshape financial distribution in India.

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