Thndr clarifies how investor money is protected and reaffirms its role in expanding access to regulated investing in Egypt

Following Ahmad Hammouda’s appearance with Amr Adib, Thndr is reaffirming its commitment to investor protection, transparency, and financial inclusion, while clarifying the role it plays in helping Egyptians access regulated investment products.

During the interview, Hammouda emphasized that Thndr’s mission is not defined by corporate milestones alone, but by the growing number of Egyptians who are using regulated investment products to build wealth. He pointed to the story of a man working with Hisham Ezz Al Arab who took his bonus and invested it through Thndr, describing it as a powerful example of financial inclusion in action.

“Last week, Thndr was recognized by the Financial Times as the fastest-growing company in Africa. But if you ask me what I am most proud of, it is the story of the man who works with Hisham Ezz Al Arab, who took his bonus and invested it through Thndr. That is financial inclusion,” Hammouda said.

Hammouda then addressed how Thndr operates and how investor money is protected on the platform. He explained that Thndr is a licensed investment company regulated by the Financial Regulatory Authority, and that its role is to connect investors to regulated investment products and market instruments — not to lend investor money or operate as a financing company.

“Thndr is not a financing company. Thndr is an investment company. Our role is to help people invest through regulated products and market instruments,” Hammouda said.

A key point Hammouda clarified was that Thndr acts as a licensed intermediary and technology infrastructure layer. When an investor buys shares, they are registered as a shareholder. When an investor enters a fund, they are registered as a unit holder in that fund. Uninvested cash is held in segregated investor accounts at regulated banks, separate from Thndr’s own funds.

 

“Thndr does not take investor money and decide how to use it. When an investor buys shares, their name is registered as a shareholder. When they invest in a fund, their name is registered as a unit holder,” Hammouda said.

He added that investor cash held on the platform is kept in separate accounts at banks and is not mixed with Thndr’s own money.

Addressing investment products available on the platform, including Thndr Clouds, Hammouda explained that money market funds primarily invest in government debt instruments, including Treasury Bills issued by the Ministry of Finance. He noted that these instruments are among the most established investment products in Egypt, and that banks themselves invest a significant portion of their funds in similar instruments.

“These funds invest primarily in government debt instruments, including Treasury Bills. This is one of the most established investment instruments in Egypt,” Hammouda said.

Hammouda also emphasized that money market funds are not new to Egypt. What Thndr has done is make access to these regulated products simpler, more digital, and more inclusive for a broader base of Egyptians.

“Money market funds are not new. What Thndr did was make access to them easier and more accessible to more Egyptians,” he said.

Hammouda also noted Thndr’s growing role in bringing new investors into the Egyptian market. More than 200,000 trades were executed on the Egyptian Exchange through Thndr last month, with over EGP 56 billion in traded value. He added that 80% of Thndr investors are investing for the first time through the platform, more than 50% are from outside Cairo and Alexandria, and the average investor age is between 30 and 32.

“Our goal is for Egyptians to become investors. We want people to be able to set aside part of their income and invest it in companies, funds, gold, and other assets that help them build wealth and support the economy,” Hammouda said.

Thndr remains committed to operating under the supervision of the Financial Regulatory Authority, upholding strong standards of investor protection and transparency, and expanding access to regulated investment opportunities for Egyptians.