{"id":620954,"date":"2024-05-29T00:00:00","date_gmt":"2024-05-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/"},"modified":"2024-05-29T00:00:00","modified_gmt":"2024-05-29T00:00:00","slug":"thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/","title":{"rendered":"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Thndr heads to the UAE: <\/strong>Homegrown digital investment platform <a target=\"_blank\" href=\"https:\/\/thndr.app\/home-glo\/\" style=\"\" rel=\"noopener\">Thndr<\/a> has received the greenlight from the Abu Dhabi Global Market Financial Services Regulatory Authority to enter the Emirati market, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/thndr-enters-uae-market-with-adgm-license-ndsg4owo\" style=\"\" rel=\"noopener\">statement<\/a> from the startup.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Emirati Thndr users will be able to invest in US securities \u2014 including stocks, exchange-traded funds, and fractional shares \u2014 on the app, with no minimum investment. More investment products will be rolled out over time, the statement added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Thndr? <\/strong>Founded in 2020 by former Uber execs Ahmad Hammouda and Seif Amr, Thndr is an equities trading platform that allows people to invest in Egyptian mutual funds and publicly listed companies, as well as US stocks, using its mobile app. It\u2019s the most popular investment platform in the country by number of trades and some USD 1.8 bn was traded on the app last year. Some 8.5% of all retail transactions in the Egyptian market were made via Thndr as of April 2024. First time investors make up 87% of the platform\u2019s user base.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company\u2019s four guiding pillars have helped build its success and will guide its <\/strong><strong>approach in the UAE<\/strong>, the statement said. The four pillars include \u201cthe creation of an investment superstore, offering a variety of investment options based on individual needs\u201d, the company\u2019s \u201cbelief and commitment to local regulator\u201d that has helped it stay ahead, its efforts to \u201cdemystify investing through content,\u201d and finally the platform being user-first in how its designed, \u201cmaking it easy-to-use and tailored to the needs of everyday young investors.\u201d<\/p>\n<p class=\"tag-border-left\">CI CAPITAL TO FOLLOW SUIT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CI Capital announces GCC expansion plans: <\/strong>State-owned financial services group CI Capital has announced its intentions to set up an \u201con-the-ground presence\u201d for its investment bank in Saudi Arabia and the UAE, group CEO Hesham Gohar said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/2293.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. Gohar described the two countries as \u201ctwo very important markets with robust growth, deepening capital markets and significant investor appetite.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Its app users based in the UAE will be able to invest in US stocks, ETFs, and fractional shares<\/p>\n","protected":false},"author":1,"featured_media":620955,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7303],"tags":[102,136,72,503,183,888,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-620954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capital-markets","tag-capital-markets","tag-ci-capital","tag-enterpriseam","tag-financial-services","tag-fintech","tag-thndr","tag-uae","wpautop","entry"],"acf":{"mongo_id":"e3e4e342-55eb-47d4-85a7-1bd6177480e0","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2377.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian investment platform Thndr is hitting the Emirati market. PLUS: CI Capital eyes GCC expansion","related_issue":[620947],"teaser":"Its app users based in the UAE will be able to invest in US stocks, ETFs, and fractional shares","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.fa738805-090c-48c0-9bd6-8aea9dfca589.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion\" \/>\n<meta property=\"og:description\" content=\"Its app users based in the UAE will be able to invest in US stocks, ETFs, and fractional shares\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion\",\"datePublished\":\"2024-05-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\"},\"wordCount\":337,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"CI Capital\",\"EnterpriseAM\",\"financial services\",\"Fintech\",\"Thndr\",\"UAE\"],\"articleSection\":[\"Capital markets\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\",\"name\":\"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-05-29T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/","og_locale":"en_US","og_type":"article","og_title":"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion","og_description":"Its app users based in the UAE will be able to invest in US stocks, ETFs, and fractional shares","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-05-29T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion","datePublished":"2024-05-29T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/"},"wordCount":337,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1","keywords":["capital markets","CI Capital","EnterpriseAM","financial services","Fintech","Thndr","UAE"],"articleSection":["Capital markets"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/","name":"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1","datePublished":"2024-05-29T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/thndr-gets-the-regulatory-greenlight-to-hit-the-emirati-market-plus-ci-capital-eyes-gcc-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Thndr gets the regulatory greenlight to hit the Emirati market. PLUS: CI Capital eyes GCC expansion"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2377.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":543637,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/10\/thndr-lands-usd-20-mn-series-a-investment\/","url_meta":{"origin":620954,"position":0},"title":"Thndr lands USD 20 mn series A investment","author":"enterpriseam admin","date":"10 February 2022","format":false,"excerpt":"Stock trading app Thndr has closed a USD 20 mn series A round, the company announced in a statement (pdf) yesterday. The round was co-led by Tiger Global, BECO Capital and Prosus Ventures, and featured additional participation from Base Capital, firstminute, and existing investors Endure Capital, 4DX Ventures, Raba Partnership\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566872,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/26\/online-trader-thndr-to-add-funds-eyes-margin-trading\/","url_meta":{"origin":620954,"position":1},"title":"Online trader Thndr to add funds, eyes margin trading","author":"enterpriseam admin","date":"26 July 2021","format":false,"excerpt":"Zero-commission trading app Thndr is looking to add new investment funds to its platform before the end of the year after having recently obtained a license to allow investors to subscribe to funds through its platform, co-founder Ahmad Hammouda told us. The app is looking to roll out a number\u2026","rel":"","context":"In &quot;SPEED ROUND: CAPITAL MARKETS&quot;","block_context":{"text":"SPEED ROUND: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560316,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/traders-can-now-invest-in-azimut-mutual-fund-via-thndr\/","url_meta":{"origin":620954,"position":2},"title":"Traders can now invest in Azimut mutual fund via Thndr","author":"enterpriseam admin","date":"23 February 2021","format":false,"excerpt":"Egypt\u2019s answer to Robin Hood just rolled out a mutual fund on its platform: Users of zero-commission stock trading app Thndr can now invest in Azimut Egypt\u2019s AZ-Savings mutual fund (pdf), Thndr said in a press release (pdf) yesterday. This is the first fund Thndr has offered on its platform\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/336.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575086,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/01\/egyptian-stock-trading-app-thndr-completes-egx-registration\/","url_meta":{"origin":620954,"position":3},"title":"Egyptian stock trading app Thndr completes EGX registration","author":"enterpriseam admin","date":"1 October 2020","format":false,"excerpt":"STARTUP WATCH- Stock trading app Thndr has completed its registration with the EGX, the company announced on its website. The no-commission equities trading platform last month became Egypt\u2019s first company to obtain a new brokerage license since 2008. Thndr secured an undisclosed pre-seed funding round last December from Y-Combinator, 4DX\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573882,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/23\/egyptian-stock-trading-platform-thndr-receives-brokerage-license\/","url_meta":{"origin":620954,"position":4},"title":"Egyptian stock trading platform Thndr receives brokerage license","author":"enterpriseam admin","date":"23 August 2020","format":false,"excerpt":"STARTUP WATCH- Cairo-based investment platform Thndrwas awarded Egypt\u2019s first new brokerage license since 2008, according to a company statement (pdf). The mobile-first equities trading platform offers three zero-commission plans, including one unpaid scheme and two plans priced at EGP 15 and EGP 55 per month. Thndr secured a pre-seed funding\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592227,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/02\/efg-hermes-tops-egx-brokerage-league-table-in-july\/","url_meta":{"origin":620954,"position":5},"title":"EFG Hermes tops EGX brokerage league table in July","author":"enterpriseam admin","date":"2 August 2023","format":false,"excerpt":"EFG Hermes captured more than 27% of the market during the month","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/166.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/620954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=620954"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/620954\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/620947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/620955"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=620954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=620954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=620954"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=620954"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=620954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}