Prosus Ventures co-led a round for the online share trading service, one of a wave of startups bringing investment tools to emerging markets.

Egypt-based digital investment platform Thndr secured $20m yesterday in a series A round co-led by internet group Prosus as it looks to boost access to investment in the Middle East and North Africa (MENA).

Tiger Global Management and Beco Capital also co-led the round, which included Firstminute Capital, Base Capital, Endure Capital, 4DX Ventures, Jimco and Raba Partnerships while Prosus invested through subsidiary Prosus Ventures.

Founded in 2020, Thndr operates a mobile-based platform allowing users to invest in stocks, bonds…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.