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Thursday, 1 October 2020

Egyptian stock trading app Thndr completes EGX registration

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’s first company to obtain a new brokerage license since 2008. Thndr secured an undisclosed pre-seed funding round last December from Y-Combinator, 4DX Ventures, Endure Capital, the Raba Partnership, and MSA Capital, co-founder and CEO Ahmad Hammouda (Uber Egypt’s former general manager) said at the time.

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