Franc

Franc

Financial Services

Johannesburg, Gauteng 2,751 followers

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

About us

Franc simplifies investing so that everyone can invest like a pro. Set up your investment goal and get a recommended investment strategy through our robo-advisor. Start investing in 2 minutes. We offer users access to a leading cash (money market) fund offering higher interest rate returns than a bank savings account and an equity fund that tracks the best of the stock market. That's investing made simple. No minimums. No paperwork. No fuss. Franc is a registered FSP, no. 49998.

Website
https://www.franc.app
Industry
Financial Services
Company size
11-50 employees
Headquarters
Johannesburg, Gauteng
Type
Privately Held
Founded
2018
Specialties
Investments, Machine learning, Actuarial Science, and Investing

Locations

  • Primary

    1 Fredman Dr

    2 Merchant Place, 3rd Floor

    Johannesburg, Gauteng 2196, ZA

    Get directions

Employees at Franc

Updates

  • View organization page for Franc, graphic

    2,751 followers

    In this Francly Speaking episode, Sebastian Patel and Cassidy Nydahl are here to share their personal tips and expert advice on the financial milestones to aim to achieve by 40. 💪 Click https://shorturl.at/H8fYD to watch the full episode Not yet in your 30s? Don't worry, check out our 5 Financial Goals to Achieve by 30 Francly Speaking episode 😎 - https://shorturl.at/snT27 How well are you tracking with your financial goals? Let us know down below in the comments! 🙌 Franc is a Registered FSP no.49998

  • View organization page for Franc, graphic

    2,751 followers

    It’s a sad reality in South Africa that financial services exploit lack of financial education and understanding to make people pay more than they should be. This often comes through in convoluted fee structures and products that are badly matched to the person’s lifestyle or situation. 🤯 It’s something that makes our blood boil at Franc, and that we’re actively looking to tackle by offering low-cost, transparent and simple options to invest and grow your hard-earned money, whether that’s targeted at the individual or the businesses helping to support their employees. This is a great write-up and breakdown of the ways that KFC - Albimix Foods are going that step further to financially support their employees without huge costs on themselves, and we’re proud to be part of that solution, along with Simply and Jem HR. If you’re looking to actively improve the lives of your employees, this is worth a read 👉🏽 https://lnkd.in/dk7BCBtD

    I really like this post by Chris Lister-James about what they're doing at one of their businesses, Albimix. By combining modern low cost employee benefits from Simply, Franc and Jem HR, Chris and his team has been able to unlock as much as R1,500 per employee in disposable income. Group benefits are undoubtedly the future of mass market financial services in South Africa. https://lnkd.in/deNQQVw7 #realemployeebenefits #showyoucare #groupfuneralcover #simplylifecover

    A Living Wage

    A Living Wage

    fitechventures.com

  • View organization page for Franc, graphic

    2,751 followers

    Best of luck to our co-founder and CEO, Thomas Brennan on the panel at today's Startup Club ZA event, talking about the lessons learnt along the path of building a fintech startup in South Africa.

    View profile for Thomas Brennan, graphic

    CEO & Co-founder of Franc

    Excited to be a part of Startup Club ZA panel discussion this morning sharing stories and lessons learnt about building a start up in South Africa! Thanks to Mathew Marsden for putting together an amazing event!

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  • View organization page for Franc, graphic

    2,751 followers

    Ever wondered if your student loan is a golden ticket or a ball and chain? 🎓 Or if your credit card bill is secretly plotting against you? 💳 We’re breaking it all down. Tune in to find out how to spot the difference between debt that builds your future and debt that could sink it. In this Franc Academy episode, we’re getting real about Good Debt vs. Bad Debt—because let's face it, debt isn’t just black and white. 🤔 Click https://shorturl.at/P11QU to watch the full episode Franc is a Registered FSP no.49998

  • Franc reposted this

    View organization page for Startup Club ZA, graphic

    8,561 followers

    Episode 14 of The Startup Club Podcast is out now! 🎉 In this episode, we're thrilled to sit down with Thomas Brennan and Sebastian Patel, Co-Founders of Franc, the simple and easy-to-use mobile app that let’s South Africans invest in leading cash and equity funds in just a few minutes - with no minimums, no paperwork and no fine print. Franc was founded in 2018 on the premise that everyone should be able to access the best investments - in a smart, low-cost and simple way. Since then the platform has grown to over 120K users, received an average rating of 4.3* across app stores and has won accolades from the likes of Seedstars, Visa and MTN App of the Year. They’re also graduates of the Google for Startups and GrindstoneXL Accelerators. In 2022 and on the back of 400% year-on-year customer growth - Franc launched it’s B2B offering (Franc Business) - fuelled by an R8 million seed round with participation from Association for Savings & Investment South Africa (ASISA) ESD and 4DX Ventures. On a mission to make investing more affordable, accessible and social, the journey is only getting started for the Franc Team. We talk about: • Tom & Seb's upbringings, early careers and alignment on the mission. • Leaving flourishing corporate careers to become tech founders. • Lessons from building a startup that's solving a hard problem. • What they would do differently. • What's next for the Franc Team. Click to watch on YouTube, or listen wherever you get your podcasts https://lnkd.in/dNpiAshP or https://lnkd.in/dG_uD8wz 🎧 - This episode was brought to you in partnership with FNB South Africa - the country's "Best Digital Bank" (Global Finance Magazine) and a comprehensive financial services provider that's committed to supporting the startup ecosystem in driving innovation and growing the economy. To learn more, or to connect with their team, visit fnb.co.za. #startups #founders #podcast #southafrica #tech #fintech cc: Kyle Welsh Anelisa Maswana Cassidy Nydahl Ashraf Stakala Keval Maharaj Terry-Anne Solomons

  • View organization page for Franc, graphic

    2,751 followers

    When we launched our Franc Bitcoin Goal a few weeks back, we got a *lot* of questions from our Franc investors: How does it work? Will I actually own Bitcoin? What are the risks? Is it a good investment? There's clearly lots of interest, but too little understanding... a challenge we savour here at Franc! Financial education is at the core of our products and everything we do. So Associate Product Manager Anelisa Maswana and CEO and co-founder Thomas Brennan will be hosting a virtual Live Q&A on Instagram on Tuesday, 6 August at 6pm for anyone who's interested in investing in the Franc Bitcoin Goal but wants to ask more questions. Set a reminder and join us with your questions: https://lnkd.in/da6kwfXY

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  • View organization page for Franc, graphic

    2,751 followers

    July has been a big month 🚀 Dedicated to expanding the opportunities for our investors to diversify their portfolios, but still keeping the investing process simple and straightforward, we officially launched our Bitcoin Goal. By signing up, Franc users can invest in Bitcoin without the fuss of storing complex keys and setting up separate wallets and accounts. When looking for a platform to power this product, this is what our Head of Product, Ashraf Stakala, had to say: “𝘓𝘢𝘶𝘯𝘤𝘩𝘪𝘯𝘨 𝘵𝘩𝘦 𝘍𝘳𝘢𝘯𝘤 𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘎𝘰𝘢𝘭 𝘢𝘯𝘥 𝘩𝘢𝘷𝘪𝘯𝘨 𝘪𝘵 𝘱𝘰𝘸𝘦𝘳𝘦𝘥 𝘣𝘺 𝘝𝘈𝘓𝘙 𝘸𝘢𝘴 𝘢 𝘯𝘢𝘵𝘶𝘳𝘢𝘭 𝘤𝘩𝘰𝘪𝘤𝘦. 𝘝𝘈𝘓𝘙, 𝘢𝘴 𝘵𝘩𝘦 𝘭𝘢𝘳𝘨𝘦𝘴𝘵 𝘤𝘳𝘺𝘱𝘵𝘰 𝘦𝘹𝘤𝘩𝘢𝘯𝘨𝘦 𝘪𝘯 𝘈𝘧𝘳𝘪𝘤𝘢 𝘣𝘺 𝘵𝘳𝘢𝘥𝘪𝘯𝘨 𝘷𝘰𝘭𝘶𝘮𝘦, 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘰𝘧𝘧𝘦𝘳𝘴 𝘵𝘩𝘦 𝘪𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘸𝘦 𝘳𝘦𝘲𝘶𝘪𝘳𝘦 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘮𝘢𝘪𝘯𝘵𝘢𝘪𝘯𝘴 𝘴𝘰𝘮𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘩𝘪𝘨𝘩𝘦𝘴𝘵 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺 𝘴𝘵𝘢𝘯𝘥𝘢𝘳𝘥𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺. 𝘛𝘩𝘪𝘴 𝘪𝘯𝘵𝘦𝘨𝘳𝘢𝘵𝘪𝘰𝘯 𝘦𝘯𝘢𝘣𝘭𝘦𝘴 𝘶𝘴 𝘵𝘰 𝘰𝘧𝘧𝘦𝘳 𝘍𝘳𝘢𝘯𝘤 𝘶𝘴𝘦𝘳𝘴 𝘢 𝘴𝘦𝘤𝘶𝘳𝘦 𝘢𝘯𝘥 𝘶𝘴𝘦𝘳-𝘧𝘳𝘪𝘦𝘯𝘥𝘭𝘺 𝘸𝘢𝘺 𝘵𝘰 𝘪𝘯𝘷𝘦𝘴𝘵 𝘪𝘯 𝘉𝘪𝘵𝘤𝘰𝘪𝘯.” This is a shout out to VALR's team, who have been so great to work with on this product launch. In their own words: "𝘐𝘵 𝘪𝘴 𝘳𝘦𝘢𝘭𝘭𝘺 𝘦𝘯𝘤𝘰𝘶𝘳𝘢𝘨𝘪𝘯𝘨 𝘵𝘰 𝘴𝘦𝘦 𝘰𝘵𝘩𝘦𝘳 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘴𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘭𝘪𝘬𝘦 𝘍𝘳𝘢𝘯𝘤 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘤𝘳𝘺𝘱𝘵𝘰 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴 𝘰𝘯 𝘵𝘰𝘱 𝘰𝘧 𝘝𝘈𝘓𝘙'𝘴 𝘪𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦. 𝘞𝘦 𝘭𝘰𝘰𝘬 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘵𝘰 𝘴𝘦𝘦𝘪𝘯𝘨 𝘩𝘰𝘸 𝘍𝘳𝘢𝘯𝘤 𝘨𝘳𝘰𝘸𝘴 𝘰𝘶𝘵 𝘪𝘵𝘴 𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨." - Blake Player, Head of Growth, VALR

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  • View organization page for Franc, graphic

    2,751 followers

    Looking forward to hearing our Franc COO and co-founder Sebastian Patel discuss how entrepreneurial ventures can have massive impact in society, alongside Ndia Magadagela CA(SA). If you haven't got a ticket yet, this is your last chance! Thanks, as always, for bringing entrepreneurs across sectors together for conversations and learnings around important conversations, Heavy Chef (Pty) Ltd.

    View organization page for Heavy Chef (Pty) Ltd, graphic

    3,524 followers

    In a world fraught with challenges, the entrepreneurial sector can impact society faster and more efficiently than any other. A small group of motivated individuals in a startup can make a disproportionate difference. Just ask Sebastian Patel (co-founder of Franc), who is targeting financial inclusion. Just ask Ndia Magadagela (co-founder of Everlectric), who is targeting the petrol-powered automotive industry. Both of these extraordinary entrepreneurs are previous Top 5 Startups winners. Both of these powerful speakers will be talking about their progress at our next event, Tuesday, 30 July. 6 pm - 8 pm. Workshop17 Sandton, JHB. Don't miss out - https://loom.ly/n4zG5e0

    Heavy Chef Event: Changing Our World

    Heavy Chef Event: Changing Our World

    heavychef.com

  • View organization page for Franc, graphic

    2,751 followers

    Are you on track to meet your financial goals for the year? If you're not sure of the answer to that question, you're not alone. A mid-year financial reset is just what you need to sense check where you're at and get back on track. Watch our latest Francly Speaking podcast episode where Anelisa Maswana Cassidy Nydahl break down the step-by-step reset process and share their experiences doing it for their own goals. Going live at 6pm tonight: https://lnkd.in/dp6Ynrd3 Franc is a registered FSP no. 49998

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