FundedIQ
Financial Services

Franc: Funding, Investors & Team (Sep 2026)

Franc is a venture application that assists clients with effective money management more. We genuinely think financial planning ought to be open to all. Through Franc clients can put resources into the main currency market and value assets without essentials or limitations. Clients can contribute however much they need when they need. Franc is an authorized, roboadvisor and gives free speculation, objective based exhortation that assists first time financial backers with understanding how much venture risk they can take on. There are no sign up expenses - clients pay an all-in yearly administration charge of 1%. The organization empowers clients to get to, view, share, and deal with their portfolio as well as store and pull out cash from anyplace, whenever.

www.franc.app LinkedIn Johannesburg, South Africa 11-50 employees
Financial Services FinTech Personal Finance
Total raised
$520k
Rounds
2
Latest
Undisclosed round
Feb 2024

Franc has raised $520k across 2 funding rounds on record, the most recent an undisclosed round announced in Feb 2024.

Franc Company Profile and Key Stats

Total funding raised
$520k
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
Feb 2024
Employees
11-50
reported band
Headquarters
Johannesburg, South Africa

Latest funding round on record: Feb 2024.

Franc Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Seed
$520k

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Franc raised $520k in a Seed announced in Jun 2022.

1.7 years later, an undisclosed round was announced in Feb 2024 with no disclosed amount.

Franc Founders and Leadership Team

Name
Role
Contact
Sebastian Patel
Founder

No contact details are on record for this team yet.

Franc Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Funded Startups Like Franc in Financial Services and Johannesburg

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Franc Funding FAQs

What does Franc do?

Franc is a venture application that assists clients with effective money management more. We genuinely think financial planning ought to be open to all. Through Franc clients can put resources into the main currency market and value assets without essentials or limitations. Clients can contribute however much they need when they need. Franc is an authorized, roboadvisor and gives free speculation, objective based exhortation that assists first time financial backers with understanding how much venture risk they can take on. There are no sign up expenses - clients pay an all-in yearly administration charge of 1%. The organization empowers clients to get to, view, share, and deal with their portfolio as well as store and pull out cash from anyplace, whenever.

How much funding has Franc raised?

Franc has raised $520k across 2 rounds on record.

When did Franc last raise funding?

Franc's most recent funding round on record was announced in Feb 2024. The amount was not disclosed.

Who founded Franc?

FundedIQ lists Sebastian Patel (Founder) at Franc.

Where is Franc headquartered?

Franc is based in Johannesburg, Na - South Africa, South Africa.

How many employees does Franc have?

Franc is in the 11-50 employee band.

About FundedIQ's Franc Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Franc is left off this page rather than filled in.

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