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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.




