Prosus Ventures announced it has led a $15.7 million investment round in Thndr, the MENA region’s leading digital investment platform, along with The Raba Partnership, BECO Capital, JIMCO Capital, Endeavor Catalyst, and Y Combinator. This marks Prosus’ second investment in Thndr and reflects our strong belief in the company’s vision, product execution, and ability to drive financial inclusion at scale.
Since the company’s initial investment, Thndr has solidified its position as Egypt’s leading retail brokerage on the Egyptian Stock Exchange (EGX). It has achieved a total traded value of EGP 174 billion, accounting for 11% of the retail traded value.
The platform served as the entry point for 82% of all newly registered investors on the EGX, adding 190.1K new investors to the market. Thndr now accounts for 47% of all assets under management in gold mutual…
