- Thndr unveiled Alpha, ThndrX, and a USD 15.7M raise at Egypt’s first fintech keynote, signaling MENA fintech’s coming of age.
- From guided investing to pro-grade trading, Thndr’s keynote mapped its bold leap from brokerage to full-fledged financial institution.
- Backed by Prosus and YC, Thndr’s new lineup aims to reshape how the region invests, smarter, faster, and bolder.
Thndr
So what is happening? Egyptian investment app, Thndr, reveals guided investing, pro trading, and a fresh USD 15.7M raise, all wrapped in a first of its kind keynote.
Thndr Takes the Stage Over 300 Thndr users, partners, and investors at the Cairo Marriott, the investment app rolled out a trio of big updates, and a fresh funding round.
The event, billed as “El Qessa Betkabr” (Arabic for “The Story is Growing”), felt more like a top tech company launch than a fintech press day.
The Big Reveals
Thndr Alpha A guided investing experience designed for first-timers. Portfolios are built around goals, risk comfort, and a mix of stocks, gold, and fixed income. It intends for it to be smart, simple, and built for scale.
Asset Management Ambitions Thndr is officially seeking an asset management license in Egypt. That move would allow it to design and run its own financial products with no middlemen or repackaged imports. Furthermore, it would allow for locally-built investment vehicles designed for Egypt’s investor class.
ThndrX Built for the pros, ThndrX is a no-frills, speed-focused desktop platform made by people who are serious about trading.
Funding the Next Chapter
Thndr also announced a fresh USD 15.7 million round led by Prosus, with support from Y Combinator, BECO Capital, Endeavor Catalyst, JIMCO, Raba, and Onsi Sawiris.
Its total capital raised to date is USD 37.76 million, aiming to accelerate product expansion and regional growth.
Why does it matter? Thndr was not just rolling out new features, it’s evolving from providing basic access to offering personalized guidance, transforming from a simple app into a full financial institution. This keynote marked a clear shift: moving beyond passive tools toward empowering users to actively build wealth.
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