Thndr

Thndr

Making money moves.

FintechCairo, EgyptEst. 202051-200Series A$40.7M
$40.7M
Total Funding
Series A
Stage
51-200
Employees
0
Profile Views

About Thndr

Thndr is a Cairo headquartered digital investment platform that enables retail investors across the Middle East and North Africa to buy and sell Egyptian stocks, mutual funds, gold, fixed income products, and US-listed securities including fractional shares from a single mobile app, without paying commissions or maintaining minimum balances. The company addresses a long-standing access gap in regional investing, where only about 2 percent of MENA individuals invest, by replacing traditional bank and broker onboarding with same-day digital account opening, Arabic-first user experience, and an educational platform called Thndr Learn that teaches financial concepts and offers a stock market simulator. Thndr is licensed by the Egyptian Financial Regulatory Authority, holds an ADGM Category 3A license with retail endorsement from the Abu Dhabi Global Market Financial Services Regulatory Authority, and operates as a subsidiary of Axis Markets BV with brokerage delivered through Thndr Securities Brokerage in Egypt. The platform has surpassed 3 million app downloads, captured an estimated 11 percent share of retail trading volume on the Egyptian Stock Exchange in 2024 with 3.5 billion dollars in traded value, served as the entry point for 82 percent of new EGX retail investors, and ranked at the top of Forbes Middle East's Top 50 Fintech Companies. Thndr is a Y Combinator alumnus and has expanded operations from Egypt into the UAE and is targeting entry into Saudi Arabia.

Company Details

Industry
Fintech
Funding Stage
Series A
Headquarters
Cairo, Egypt
Founded
2020
Team Size
51-200 employees
Total Funding
$40.7M
Profile Strength57%
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