Founders: Ahmad Hammouda, Seif Amr
Country: Egypt
Founded: 2020
Partnered: 2022 / Series A
Status: Active / Series A
Co-Investors: Prosus, Tiger Global, Y Combinator, Endeavor Catalyst
Thndr is a digital trading platform on a mission to democratize access to capital markets across the Middle East.
The company offers a mobile-first experience for trading stocks, mutual funds, and fixed income products, making investing simple, intuitive, and commission-free.
The platform has quickly become the largest retail broker in Egypt by number of trades, introducing thousands of first-time investors to the EGX.
With features like Thndr Learn, Claps, and Virtual Mode, the company goes beyond transactions to build financial literacy and long-term trust.
Both founders bring operating experience from Uber and investment backgrounds at CI Capital, giving them rare insight into the inefficiencies facing everyday investors.
Today, Thndr has expanded beyond Egypt, working with regulators across the GCC and launching access to US and local markets.
This regional growth, from their Cairo headquarters to ADGM (Abu Dhabi) licensing and expansion into Saudi Arabia, reflects both regulatory sophistication and the founders’ commitment to their original mission of democratizing access to financial markets for users across the region.