Overview
- Insolvency proceedings began on 11 August, yet the Midoya website continues to accept orders.
- Founders Colin Singh and Max Gaas have set up GS Home & Holiday GmbH with €25,000 in capital to offer short‑term furnished rentals, according to Hannoversche Allgemeine as cited in reports.
- The insolvency administrator says only five employees remain after workforce reductions from about 30 staff, exceeding an 80 percent cut.
- Multiple reviews describe months-long waits for repayments after confirmed returns, and at least one customer says a 10 percent voucher was offered instead of a refund.
- Public complaints are growing on Trustpilot and in a Facebook group, and under German insolvency rules affected buyers must register claims with the administrator.