Thndr acquires research license for enhanced investment recommendations

Updated 1/23/2024 9:52:00 AM

Arab Finance: Thndr Securities Brokerage, a Cairo-based digital investing platform, has secured a research license that will elevate its client services through its sister brand Rumble, as per an emailed press release.

Thndr, renowned for its user-friendly trading platform, will broaden its offerings beyond traditional brokerage services, providing clients with research and valuable insights that were previously available to only a select few.

Rumble, operating on a subscription-based model, aims to democratize access to crucial investment information. It is committed to making expert investment recommendations available to a wider audience, with the ultimate goal of empowering all investors to intelligently and confidently build wealth through accessible insights.

At the helm of Rumble is Amr Hussein Elalfy, who serves as the Head of Fundamental Research. Alongside him is Ahmed Elhefnawi, a seasoned professional leading the charge in Technical Analysis.

Since its soft launch in mid-July 2023, Rumble's recommendations have consistently outperformed the market, showcasing an impressive average gain of over 15%.

"With Thndr, we managed to democratize access to investing through an easy-to-use app and a seamless experience. However, true democratization requires access to information and insights. With Rumble, we’re empowering everyone with the tools and insights needed to make smart investment decisions,” Ahmad Hammouda, Co-Founder and CEO of Thndr, commented.