Fundraising Fox
/Companies
Sign in

Thndr

YC S20

Cairo, EG · Founded 2019 · 235 employees · 19 known investors

Find your way into Thndr

Sign up to see every warm intro you have to Thndr

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Thndr team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

Thndr is a mobile investment platform that allows users to invest in Egyptian and international stocks, mutual funds, and gold. The platform is designed for retail investors in Egypt seeking to build wealth through accessible investment products.

Also known as Axis Markets B.V. · Axis Markets · Axis Markets, Thndr, thndr

FintechEgyptMiddle East and North AfricaPartly Remote

Founders & leadership· Y Combinator alumni (S20)

Thndr was founded in 2019 by Ahmad Hammouda and Seif Amr.

AHAhmad Hammouda
Ahmad HammoudaCo-Founder & CEOAhmad Hammouda is a CFA member with a BA in Business Administration. He served as General Manager for Uber Egypt from 2017 to 2019, and previously held a Vice President role in investment banking advising on major capital market transactions. He co-founded Apron, a cloud kitchen platform in Egypt.
SASeif Amr
Seif AmrCo-Founder & COO2020–2025Seif Amr previously worked in investment banking and later in operations at Uber before founding Thndr.

Investors · 19

A'Z Angelslisted by A'Z AngelsLos Gatosvia Amr Abdelaziz · inferred

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

LoftyInc Capitallisted by LoftyInc CapitalHouston

How we know: LoftyInc Capital's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

MSA Novolisted by MSA NovoSingapore
Olive Tree Capitallisted by Olive Tree CapitalBoston

How we know: Olive Tree Capital's portfolio page · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Plus VClisted by Plus VCAbu Dhabi · $100K – $500K

How we know: Y Combinator's founder network · Not right? Tell us

The Raba Partnershiplisted by The Raba PartnershipCape Town · $50K – $5M

How we know: The Raba Partnership's portfolio page · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Abdul Latif Jameel General Technology VenturesreportedDubai

How we know: Y Combinator's founder network · Not right? Tell us

Base CapitalreportedCape Town · $500K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

BECO CapitalreportedDubai

How we know: techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Endure CapitalreportedAmsterdam

How we know: Y Combinator's founder network · Not right? Tell us

firstminute capitalreportedLondon · $1M – $3M

How we know: Y Combinator's founder network · Not right? Tell us

Global VenturesreportedDubai · $1M – $3M

How we know: Y Combinator's founder network · open dataset · 5k.vc investor directory · Not right? Tell us

JIMCOreportedSt. Helier

How we know: Y Combinator's founder network · Not right? Tell us

MSA CapitalreportedGrand Cayman

How we know: Y Combinator's founder network · Not right? Tell us

Prosus VenturesreportedAmsterdam

How we know: techcrunch.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Tiger Global ManagementreportedNew York · $1M – $100M

How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us

TTMreported

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

$15.7M disclosed across 1 of 2 rounds · 2022–2025

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Thndr went on to found or lead other companies.

Ali MokhtarAdvisorFounded ImpactynGeorge FahmySecurity ConsultantFounded Stakpak

Related companies · 9

FinchFinch provides an API platform for applications to securely access employer and employee data with explicit consent, serving businesses that need workforce data integration. The company prioritizes enterprise-grade security, encryption, and compliance standards.
CorporatefinanceinstituteCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
SlopeSlope provides a B2B payments platform that enables businesses to accept payments and offer financing, with a focus on digitizing the order-to-cash process for online commerce. The company uses generative AI to modernize traditionally manual B2B payment workflows.
SmartAssetFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
PestoPesto Mastercard offers affordable credit for people with poor or limited credit history, positioning itself as an alternative to high-cost pawn loans. The product allows users to build credit history and improve credit scores through regular, on-time payments.
EmburseEmburse is a travel and expense management platform that helps organizations automate T&E processes, improve compliance, and gain spending visibility. The company serves enterprise teams managing corporate travel and expense administration.
SiftSift provides an AI-powered platform for fraud prevention and risk decisioning that helps digital businesses detect and manage online fraud. The platform serves companies across industries looking to reduce fraud losses while enabling secure growth.
ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
PublicPublic is a trading platform that allows users to buy and sell cryptocurrencies including Bitcoin, Ethereum, and memecoins through accounts managed by Zero Hash LLC, a New York State-licensed virtual currency business.

Companies working in the same space as Thndr.

Legal entities · 1

corporate structure
Axis Markets B.V.

In the news

Thndr Raises $15.7M in Fundingfinsmes.com · May 2025Egyptian investment app Thndr nabs $20M from Tiger Global, Prosus Ventures and others – TechCrunchtechcrunch.com · Feb 2022

Frequently asked questions

What does Thndr do?
Thndr is a mobile investment platform that allows users to invest in Egyptian and international stocks, mutual funds, and gold. The platform is designed for retail investors in Egypt seeking to build wealth through accessible investment products.
Who founded Thndr?
Thndr was founded by Ahmad Hammouda, Seif Amr in 2019.
Who are Thndr's investors?
Thndr's investors include 4DX Ventures, A'Z Angels, LoftyInc Capital, MSA Novo, Olive Tree Capital, Plus VC, The Raba Partnership, Y Combinator and 11 more.
How much funding has Thndr raised?
Thndr has disclosed $15.7M raised across 1 of its 2 known rounds.
Where is Thndr headquartered?
Thndr is headquartered in Cairo, EG.