- Thndr secures $15.7M in new funding, bringing total capital raised to $37.7M, led by Prosus with participation from Y Combinator, BECO Capital, and Onsi Sawiris.
- Launch of Thndr Alpha, a guided investment tool designed to help the “80%” — new and first-time investors.
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With over 4 million users, Thndr continues its journey from Egypt’s first new brokerage license in a decade to a fully integrated digital financial institution.
Cairo – May 2025: Thndr, Egypt’s leading investment platform, has just taken a bold step toward redefining financial inclusion in the region by announcing the successful close of a $15.7 million funding round, led by global tech investor Prosus and backed by key players including Y Combinator, BECO Capital, and Onsi Sawiris.
This round brings Thndr’s total funding to $37.7 million, reinforcing its position as one of MENA’s most promising fintech ventures.
“We started Thndr with a big dream,” said Ahmed Hammouda, Co-Founder and CEO.
“This region — this country — is capable of building something truly extraordinary. With Flat6Labs, and now Prosus and other world-class investors onboard, we’re closer than ever to realizing that vision.”
Introducing Thndr Alpha: Investing Made Simple for Everyone
At a vibrant launch event attended by over 300 Thndr users, partners, and investors, the company unveiled Thndr Alpha — a new guided investment product tailored for beginners, especially the underserved majority that Hammouda calls “the 80%.”
Thndr Alpha helps new investors overcome the fear of getting started by simplifying the process:
from setting investment goals to diversifying risk, and offering custom starter portfolios composed of stocks, gold, and fixed income.
From Brokerage License to Financial Powerhouse
Founded in 2020 by Ahmed Hammouda and Seif Abou Zeid, Thndr launched to address the stark lack of accessibility to the Egyptian stock market. At the time, brokerage access was limited to a small elite, with outdated processes and no user-friendly digital alternatives.
In a groundbreaking move, Thndr became the first company in over 10 years to receive a new brokerage license in Egypt.
Its mobile-first platform allowed anyone to open an investment account within minutes — no paperwork, no branch visits. Today, Thndr has surpassed 4 million registered users, with offerings that include local and US stocks, ETFs, and precious metals.
2021–2023: Rapid Growth and Global Investor Backing
Between 2021 and 2023, Thndr experienced explosive growth:
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Rolled out beginner-friendly UX
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Introduced ETFs and US stocks
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Embedded educational content within the app
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Attracted top investors including Y Combinator, Endure Capital, and BECO Capital
2024: From Broker to Full-Stack Digital Investment Firm
In 2024, Thndr embarked on a major strategic transformation:
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Applied for an asset management license
Aiming to design and manage its own investment products in-house. -
Launched ThndrX
A professional-grade platform for serious traders, built by traders.
Offers precision tools tailored for the Egyptian capital market — a rare offering in the region. -
Built a licensed Research Unit
In early 2024, Thndr received authorization to launch a dedicated research arm under its new brand “Rumble”, empowering the company to offer in-depth investment recommendations and research content.
By 2025: Scaling Regionally
Thndr’s 2025 highlights include:
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4+ million users
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$15.7M new investment led by Prosus
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Total funding of $37.7M
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Upcoming regional expansion into other Arab markets
With this momentum, Thndr is redefining what a modern, inclusive financial platform can look like in the MENA region — combining world-class technology, local insight, and a mission to unlock investment for everyone.
العربية (Arabic) To read the article in Arabic, click here
