Franc
Download franc.app to get access to the best cash & equity funds - no minimums. The smartest & easiest way to invest.
Download franc.app to get access to the best cash & equity funds - no minimums. The smartest & easiest way to invest.
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.| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Non Equity Assistance | Unknown | 1 | Visa Accelerator | 14 Feb 2024 |
| Seed Round | ZAR8.00M | 1 |
|
08 Jun 2022 |
| Seed Round | Unknown | - | 07 Aug 2020 | |
| Seed Round | $300.00K | 1 |
|
07 Jul 2020 |
No recent news or press coverage available for Franc.
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