Thndr Securities Brokerage Company, Egypt’s supposedly most popular investing platform, topped the list of executed transactions during November, with more than 213,000 transactions, with a value surpassing EGP 700 million, as per the Egyptian Stock Exchange’s monthly report.
Additionally, Thndr advanced in the financial brokerage companies ranking in terms of trading values in the main market, the Nile Stock Exchange, and the OTC Exchange. The platform executed a volume of 1.6 billion papers, with more than 766,200 transactions during the first 11 months of this year, with a value exceeding EGP 2.9 billion.
Thndr, an investment platform that was just founded two years ago, has managed to rise to the top of the list of local brokerage firms, thanks to the support it offers to its customers, whether it be upon registration on the stock exchange or through the use of its digital platform to invest in Egyptian companies. Additionally, Thndr offers a wide range of services that bank on increasing investor awareness and a wide selection of diversified investment products that aim to meet its clients’ varying and unique investment needs
“In a short period of time, Thndr’s platform has succeeded in attracting thousands of clients to invest in the Egyptian Stock Exchange. The total number of the platform’s users has exceeded 800,000 investors within two years, as a result of the simplified mechanisms provided by the platform to help them invest their savings,” said Ahmad Hammouda, co-founder and CEO of Thndr “The platform offers a wide range of diversified investment products to achieve an additional return, which enhances the investing experience in Egypt Egypt, encourages saving, and raises awareness on the importance of investment.”
Hammouda praised the Financial Regulatory Authority and the Egyptian Stock Exchange for their roles in supporting Thndr to increase the number of investors in the capital market. This was achieved through relying on digital platforms that reach a wide segment of investors, especially young people, easily creating accounts for investing and enhancing financial inclusion
Thndr contributes to enhancing financial inclusion in Egypt by using technology that encourages individuals to invest and benefit from Egypt’s economic growth. This will help in achieving an appropriate return on savings to face high inflation rates whilst also increasing the number of investors in the Egyptian market.
