Short description
Franc is a savings and investment platform making investing easy & accessible.
Description
Franc is the easiest way to save & invest. Our app doesn’t require any investment knowledge & our friendly risk quiz helps us understand how much investment risk is right for you. Users can start investing in less than 2 minutes. There is no minimum requirement & no paperwork. It is a seamless digital experience end-to-end. A user simply chooses a goal,
selects an investment strategy, verifies their identity & makes a deposit.
Each user is recommended a personalised investment strategy for each investment goal, combining money market & index tracking ETFs. Our helpful calculators assist clients with their budgeting, retirement & targeted savings needs. We also provide free access to our online academy & fun financial literacy quizzes.
We know saving is hard & investing can be scary, which is why we create savings groups & challenges so that users can encourage one another. We also run weekly competitions where users can stand a chance to win a cash prize that will boost their investments.
Last funding
Absolutely Noaccess
Sign in for full access
Total funding
$$43214321
Sign in for full access
Location
Johannesburg, NA - South Africa, South Africa, Africa
Founded on
February 26, 2017
Non-profit?
No
Acquired?
No
Employees count
11-50
Revenue range
$56378 - 90123
Sign in for full access
Investors
Noaccess, Blurry Noaccess, Absolutely Noaccess
Sign in for full access
Founders
Sebastian Patel, Thomas Brennan