Egyptian fintech startup Thndr just made a massive splash, launching new products, announcing a $15.7 million funding round, and unveiling its vision to become a full-fledged financial institution. This all happened at Egypt’s first-ever fintech keynote, signaling that the region’s fintech game is officially levelling up.
A Tech-Style launch for Finance
Held at the historic Cairo Marriott, Thndr’s keynote titled “El Qessa Betkabr” (Arabic for “The Story is Growing”) drew in over 300 attendees, including users, investors, and fintech insiders.
The atmosphere? Think Apple-style product reveal meets next-gen banking revolution.
What’s New at Thndr?
Thndr Alpha – Smart Investing for Everyone
A guided investing tool made for first-time investors.
- ✔️ Custom portfolios tailored to your financial goals
- ✔️ Balanced exposure across stocks, gold, and fixed income
- ✔️ Simple, user-friendly, and designed to scale
Whether you’re saving for a house, retirement, or just growing your money, Alpha makes it easy to start investing with confidence.
ThndrX – Pro-Grade Trading Platform
Built with advanced traders in mind, ThndrX is a lightning-fast desktop trading platform focused on speed, precision, and zero distractions.
- ✔️ No fluff, just performance
- ✔️ Designed by and for serious traders
- ✔️ Ideal for market veterans seeking better tools
Asset Management Ambitions
Thndr is now applying for an asset management license in Egypt, which would let them build local investment products in-house—no third-party repackaging.
This means:
- ✔️ More tailored options for Egyptian investors
- ✔️ Direct access to new financial instruments
- ✔️ Stronger alignment with local market needs
The Funding Behind the Vision
Thndr also revealed a $15.7 million funding round, led by global tech investor Prosus. Other participants included:
- ✅ Y Combinator
- ✅ BECO Capital
- ✅ Endeavor Catalyst
- ✅ JIMCO
- ✅ Raba
- ✅ Onsi Sawiris
This new round brings Thndr’s total capital raised to $37.76 million, which will fuel further product development, regional expansion, and licensing efforts.
Why this matters, for Egypt and the region?
Thndr isn’t just evolving—it’s transforming. This keynote made one thing crystal clear: they’re no longer just a trading app. They’re building a new kind of financial institution, one that:
- ✔️ Empowers users to invest with purpose
- ✔️ Offers personalized financial tools
- ✔️ Prioritizes local innovation over imported solutions
In short, Thndr is rewriting how investing works in Egypt and MENA—smarter, faster, and bolder.
What’s next for Thndr?
With a fresh lineup of products and serious capital to back it up, Thndr’s story really is growing. Whether you’re new to investing or a seasoned trader, there’s something exciting on the horizon—and Thndr wants you to be a part of it.