Thndr drives Egypt's investment boom with record-breaking trading volumes

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Thndr drives Egypt's investment boom with record-breaking trading volumes The Africans Time © theafricanstime.com
Thndr drives Egypt's investment boom with record-breaking trading volumes © theafricanstime.com
Egypt's Thndr platform has crossed $19.6 billion in total trading, ramping up its presence on multiple exchanges and picking up new regulatory licenses.

Trading on Thndr hit $19.6 billion by August 2026, putting the Egyptian investment platform in the spotlight. More than half of that total came in just the first eight months of 2026. The numbers point to a sharp jump in user activity and market turnover.

Ahmad Hammouda and Seif Amr launched Thndr in 2020. What started as a local fintech upstart now lets users buy and sell stocks, mutual funds, gold, and savings products. The app opens the door to the Egyptian Exchange (EGX), the Abu Dhabi Securities Exchange (ADX), and the US stock market. An independent industry analysis credits Thndr with about 20% of all trading value on the EGX. The report does not specify the exact date or calculation method, so the figure should be treated with caution.

Thndr provides access to Egyptian stocks, mutual funds, gold, savings products, as well as ADX and US markets, as confirmed by third-party industry reporting.

Fintech Gate

Expansion and regulatory milestones

By December 2025, Thndr had logged over 5.5 million downloads and 680,000 active users. The platform processed $5.6 billion in investment volume that year. Thndr's fund marketplace grew from 12 to 34 funds, with assets under management reaching $210 million.

December 2025 brought a major step: Thndr secured Asset Management and Portfolio Management licenses in Egypt. These approvals let the company launch its own investment products and cement its spot in the market. In October 2026, the Egyptian Financial Regulatory Authority (FRA) announced new licenses for 12 companies and organizations in non-banking financial services, including fund management and securities custody. Thndr was not specifically listed among the licensed firms in the official statement, according to Ahram Online reporting.

Funding and future trajectory

Thndr's rise has been fueled by steady funding. In May 2025, the company raised $15.7 million, bringing total investment to $37.76 million. This cash helped Thndr scale up, roll out new products, and chase further regulatory permissions.

After the events described in the main article, no independently verified new results of Thndr's activities have been found; available publications as of October 2026 mainly repeat figures from earlier reports without adding verifiable updates.

Fintech Gate

Thndr's ability to draw in both users and capital in a crowded market shows strong demand for easy-to-use investment tools in Egypt and the region. With new regulatory wins and trading momentum, Thndr stands out as a major force in retail investing. The company's growth shows Egypt's fintech sector is not just catching up with global trends but is now setting new standards for digital investment platforms in emerging markets.

Thndr's official support materials clarify that blocking 25% of the application amount during IPO subscriptions—such as for the MNT-Halan IPO—is not a loan or credit from Thndr. This is a rule set by the Egyptian Exchange and applies to all brokers. Public IPO descriptions confirm that deals through Thndr follow general EGX rules, not any special process unique to the platform.

Topics: Investment Markets Start-ups & Entrepreneurship Technology #Egypt #Cairo #Fintech & Digital Finance
Joan Ngulube Technology, society and future economies editor The Africans Time
Author

Joan Ngulube

Joan Ngulube is the Technology, Society & Future Economies Editor at The Africans Time. She covers technology, digital infrastructure, fintech, demographic change, climate and the energy transition, focusing on how these shifts affect people, businesses and economies across Africa.