News

Egyptian fintech startup Thndr raises $20M to expand across MENA region

Egyptian FinTech Start-up Thundr has raised $20 million for product development and to expand its presence across MENA. Launched in 2020 by Ahmad Hammouda and Seif Amr after it took part in the Silicon Valley-based Y Combinator accelerator, Thndr initially offered users a commission-free, mobile first equities trading platform that makes it easy to invest in stocks, bonds, and funds.
The US$20 million Series A round was co-led by Tiger Global, BECO Capital and Prosus Ventures, with participation from Base Capital, firstminute and existing investors Endure Capital, 4DX Ventures, Raba Partnerships and JIMCO.

More News

Previous Article

SA on-demand startup ParkUpp acquired by Docklands Ventures

February 10, 2022
CDPI Emerging Markets