Ahmad Hammouda Simplifies Online Investing in Egypt

By : Melchior Koba

Date : vendredi, 14 juin 2024 09:31

A seasoned financial analyst, he honed his skills at investment banks and technology firms. Now, as an entrepreneur, he's leveraging technology to disrupt the financial landscape in Egypt, making investment opportunities more accessible for the everyday Egyptian.

Ahmad Hammouda (photo) is an Egyptian entrepreneur specializing in financial technology. He is one of the co-founders and the CEO of Thndr, a digital investment platform designed to simplify investing in the MENA (Middle East and North Africa) region.

Founded in 2020, Thndr aims to democratize access to the tools and resources needed to achieve financial freedom. With a brokerage license from the Egyptian Financial Regulatory Authority (FRA), the company offers securities brokerage services.

The idea for Thndr began in 2016 while I was advising on the sale of a bank. I realized how inaccessible financial products were to the general population. That's when I decided to make investing accessible to everyone my life's mission,” said Ahmad Hammouda in 2020.

To support its over 3 million users, the company launched Thndr Learn, an educational platform that teaches everything one needs to know about money management. Thndr also offers Thndr Claps, a daily newsletter that delivers easy-to-understand financial news to users' inboxes.

Ahmad Hammouda graduated from the American University in Cairo in 2009 with a bachelor's degree in finance and economics. He also holds a Chartered Financial Analyst (CFA) designation, obtained in 2011 from the CFA Institute.

His career began in 2009 at Ernst & Young Egypt, an audit, advisory, tax, and legal services firm, where he was an intern. He then became a consultant at The Advisors, a financial and management consulting firm. In 2012, he joined Pharos Holding for Financial Investments as an investment banking analyst.

In 2013, he became vice president at CI Capital Financial Group. In 2017, he was hired by Uber in Egypt, where he held successive roles as Director of Operations and Logistics and General Manager.

Melchior Koba

 

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