Egypt’s fintech Thndr ranked Africa’s fastest-growing company by FT–Statista

Egypt’s retail investment platform Thndr said on Wednesday it has ranked first in the Financial Times Africa’s Fastest-Growing Companies 2026 list, becoming the first Egyptian company to top the ranking since its launch.

The ranking, compiled by the Financial Times in partnership with Statista, assesses companies across Africa based on three metrics: absolute revenue growth, compound annual growth rate (CAGR), and employee growth between 2021 and 2024.

Thndr said it outperformed peers across the continent, including firms from South Africa, Kenya, and Nigeria.

Founded in Egypt, Thndr has grown to more than 5.5 million downloads, with around 75–80 per cent of users identified as first-time investors. It has also maintained its position as Egypt’s leading retail investment platform for three consecutive years.

The platform allows users to invest in stocks, gold, savings products, fixed income, and funds through a fully digital onboarding system, and said it has become “the primary investment account for everyday individuals.”

Thndr said it now accounts for about 18 per cent of Egypt’s Egyptian Exchange (EGX) equity trading value and 40 per cent of total order volume, processing more than 200,000 trades per day, up from 50,000 a year earlier.

More than 40 per cent of its users are based outside Cairo and Alexandria, with an average user age of around 30, while 12 per cent are female, the company said.

The recognition comes as Thndr continues its regional expansion, following its launch in Abu Dhabi in 2025 as the first remote broker on the Abu Dhabi Securities Exchange (ADX), and plans to enter Saudi Arabia.

At a time when only around 0.5 per cent of Egyptians invest, Thndr said its long-term goal is to expand financial inclusion and build a more financially engaged generation across the Arab world.

Attribution: Amwal Al Ghad English