Franc logo — Download franc.app to get access to the best cash & equity f...

Franc

Download franc.app to get access to the best cash & equity funds - no minimums. The smartest & easiest way to invest.

Founded 2018 South Africa Johannesburg, South Africa 67 employees Non Equity Assistance Total: $8.30M Financial Services, Fintech +1

General Information

Company Name Franc
Founded Year 2018
Location South Africa Johannesburg, South Africa
Employees 67
Industries Financial Services, Fintech, Mobile
Funding Stage Non Equity Assistance
Social

BounceWatch is an independent company data service, not affiliated with Franc. To contact Franc, visit franc.app.

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About Franc

Franc is a South Africa based Financial Services, Fintech startup that offers a user-friendly mobile app for investing in cash and equity funds. Founded in 2017, Franc's slogan "Download franc.app to get access to the best cash & equity funds - no minimums. The smartest & easiest way to invest" encapsulates its core value proposition. The company simplifies investing, providing access to a leading cash (money market) fund with higher interest rate returns than traditional bank savings accounts, as well as an equity fund that tracks the best of the stock market. Franc operates as a registered FSP, no. 49998.

The latest investment for Franc came in the form of a Non Equity Assistance investment on 14 February 2024, with Visa Accelerator being the investor. This funding will likely further bolster Franc's mission to democratize investing, enabling individuals to invest like professionals with no minimums, minimal paperwork, and a hassle-free experience.

Business keywords: investment app, robo-advisor, cash funds, equity funds, simplified investing, low minimum investment, registered FSP, money market funds, high interest rate returns, stock market tracking, fast investment setup, user-friendly interface, goal-based investing, paperless investing

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
Visa Accelerator
14 Feb 2024
Seed Round ZAR8.00M 1
4DX Ventures
08 Jun 2022
Seed Round Undisclosed -
07 Aug 2020
Seed Round $300.00K 1
Fitech Ventures
07 Jul 2020

Franc Alternatives & Competitors

Franc vs
Wealthfront
Wealthfront United States

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436 employees
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Franc vs
HORIZON
HORIZON Denmark

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Seed
4 employees
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FAQ About Franc

Download franc.app to get access to the best cash & equity funds - no minimums. The smartest & easiest way to invest.
Franc was founded in 2018.
Franc is headquartered in Johannesburg, South Africa.
Franc operates in Financial Services, Fintech and Mobile. Its work centres on investment app, robo-advisor, cash funds and equity funds.
Franc has approximately 67 employees.
Franc has completed 4 funding rounds, raising a total of $8.30M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Franc include Wealthfront, HORIZON. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Franc and Wealthfront are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Franc, https://bouncewatch.com/company/franc, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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