Case Study: Thndr opens investing access in MENA with Alpaca Broker API

Thndr Opening Investing Accessibility in MENA with Alpaca

Thndr, a digital investment platform based in Egypt, faced the challenge of needing to provide its users with access to U.S. equities. Building the complex underlying infrastructure for this in-house would have required a heavy investment and diverted focus from their core mission of democratizing investing in the MENA region. They turned to vendor Alpaca and its Broker API to solve this challenge.

By leveraging Alpaca's Broker API, Thndr integrated a comprehensive U.S. equities offering without the need to build its own infrastructure. This solution from Alpaca reduced operational costs and accelerated development, allowing Thndr to focus on enhancing its user experience and rapidly scale its operations. The partnership enabled remarkable growth for Thndr, including an 800% increase in trading volume to $1.8 billion in 2023 and the ability to handle nearly 100,000 daily transactions.

Thndr

Mohamed Fayek

Product Lead - Core Brokerage Service