We are pleased to announce that Matouk Bassiouny (“MB”) acted as the legal counsel to BECO Capital in connection with their investment in Thndr, a fast-growing investment platform transforming the financial landscape across the Middle East and North Africa region.

This marks Thndr’s second major funding round, raising USD 15.7 million in a transaction led by Prosus Ventures, with participation from JIMCO Capital, Endeavor Catalyst, Y Combinator, and a prominent U.S. university endowment, among other global investors.

The newly secured funds will be deployed to fuel Thndr’s ambitious regional expansion, with a strategic focus on the UAE and Saudi Arabia.

The MB team advising on the transaction was led by Mohamed Essam (Partner and Head of Corporate and M&A UAE Offices and ECVC) with support from Moustafa Rizk (Senior Associate).

For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.