Techno Time

Thndr Named Among Forbes Middle East’s Top 50 Fintech Companies for 2026

Thursday 8 October 2026 15:01
Thndr
Thndr

Egyptian fintech company Thndr has strengthened its position in the regional financial technology landscape after being included in Forbes Middle East’s Top 50 Fintech Companies in the Middle East for 2026.

The recognition highlights the growing presence of Egyptian companies in digital financial services and their ability to compete across regional markets.

Fintech Funding Maintains Strong Momentum

Thndr’s inclusion comes as fintech continues to attract significant investment across the Middle East despite the geopolitical challenges affecting the region.

The sector raised approximately $708 million through 51 funding rounds during the first half of 2026, demonstrating continued investor interest in financial technology and digital services.

Demand for Digital Financial Solutions Continues to Rise

The 2026 Forbes ranking reflects the rapid growth in demand for digital financial solutions across regional markets.

Fintech companies are continuing to develop new business models aimed at expanding access to financial services, improving user experiences, and supporting the broader digital transformation of the region’s economies.

Tabby Retains the Top Spot

Tabby remained at the top of the Forbes ranking for the second consecutive year, supported by annual transactions worth more than $18 billion and a valuation of $6.5 billion.

Egyptian fintech companies Fawry and MNT-Halan ranked second and third, respectively.

Egypt Ranks Third in Forbes’ Country Representation

The 2026 Forbes list features fintech companies from 10 countries.

The UAE leads with 15 companies, followed by Saudi Arabia with 13, while Egypt ranks third with 10 companies, highlighting the increasing role of the Egyptian market within the region’s fintech ecosystem.

18 New Companies Join the 2026 List

The latest Forbes ranking added 18 new companies, reflecting the continued expansion of the fintech industry and the emergence of new business models across digital payments, financial services, investment, and financial technologies.

Thndr Strengthens Egypt’s Fintech Presence

Thndr’s inclusion among the Middle East’s top 50 fintech companies reflects the expanding role of Egyptian fintech firms in developing financial services and increasing access to digital solutions.

The recognition also comes in line with Egypt’s broader digital transformation and financial inclusion efforts, as technology continues to support the expansion and accessibility of financial services.