Egyptian Fintech Thndr Raises USD 20 Mn Series A Round

Thndr, an Egyptian digital investment platform, announces a new USD 20 Mn Series A investment. The round was co-led by Tiger Global, BECO Capital, and Prosus Ventures, in addition to participation from Base Capital, first-minute and existing investors Endure Capital, 4DX Ventures, Raba Partnerships and JIMCO.

Thndr is a digital investment platform that allows its users to invest in stocks, bonds, and funds in the Middle East through its mobile-based and low-commission digital stock brokerage.  The new funding will go towards product development and expanding Thndr’s presence across Mena.