Egyptian Fintech Thndr Launches $5.9 Million Real Estate Fund and Expands Asset Management

Thndr Securities Brokerage, an Egyptian fintech firm, is broadening its services by venturing into asset management, with a new real estate fund among its planned offerings. The company aims to introduce a multi-issue real estate fund, with each issuance anticipated to be around LE 300 million, equivalent to approximately $5.9 million. This new vehicle is expected to be launched before the close of 2026.

Thndr has submitted an application for an income-generating real estate fund that will strategically invest in various property assets. This initiative will involve collaborations with developers and specialised operators in the sector. The move follows Thndr's acquisition of asset and portfolio management licenses in late 2025, enabling it to develop and operate its own investment funds.

Further reinforcing its push into property investment, Thndr for Investment in Real Estate Assets obtained a licence from the Financial Regulatory Authority in July 2026 to function as a fund company.

Beyond real estate, the company is also set to introduce a new fixed-income fund in September. Also, Thndr is exploring the launch of hedge funds, pending the issuance of relevant regulations, which are expected by the end of the current year.

According to Managing Director Ahmed Hamouda, individual investors have already channelled approximately LE 30 billion into funds via the platform, with total trading through the app surpassing LE 1 trillion over the past six years. The firm's gold investment fund notably accumulated around LE 1 billion in assets within its first month.