FundedIQ
Financial Services

Franc: Funding, Investors & Team (Sep 2026)

Franc is an investment app that helps users invest more. We believe investing should be accessible to all. Through Franc users can invest in the leading money market and equity funds without minimums or restrictions. Users can invest as much as they want when they want. Franc is a licensed, roboadvisor and provides free investment, goal-based advice that helps first time investors understand how much investment risk they can take on. There are no sign up fees - users pay an all-in annual management fee of 1%. The company enables users to access, view, share, and manage their portfolio as well as deposit and withdraw money from anywhere, anytime.

www.hifranc.com LinkedIn Johannesburg, South Africa 11-50 employees
Financial Services FinTech Personal Finance
Total raised
$300k
Rounds
1
Latest
Undisclosed round
Jul 2020

Franc has raised $300k across 1 funding round on record, the most recent an undisclosed round of $300k announced in Jul 2020.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Franc Company Profile and Key Stats

Total funding raised
$300k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$300k in Jul 2020
Employees
11-50
reported band
Headquarters
Johannesburg, South Africa

Latest funding round on record: Jul 2020.

Franc Funding Rounds

Date
Round
Amount
Undisclosed round
$300k

Franc Founders and Leadership Team

Name
Role
Contact
Thomas Brennan
CEO
Locked

Contact details for the Franc team: 1 of 1 has an email address on file.

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Franc Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Franc's latest round of $300k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Franc in Financial Services and Johannesburg

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Franc Funding FAQs

What does Franc do?

Franc is an investment app that helps users invest more. We believe investing should be accessible to all. Through Franc users can invest in the leading money market and equity funds without minimums or restrictions. Users can invest as much as they want when they want. Franc is a licensed, roboadvisor and provides free investment, goal-based advice that helps first time investors understand how much investment risk they can take on. There are no sign up fees - users pay an all-in annual management fee of 1%. The company enables users to access, view, share, and manage their portfolio as well as deposit and withdraw money from anywhere, anytime.

How much funding has Franc raised?

Franc has raised $300k across 1 round on record. The most recent is an undisclosed round of $300k announced in Jul 2020.

When did Franc last raise funding?

Franc's most recent funding round on record is an undisclosed round of $300k, announced in Jul 2020.

Who is the CEO of Franc?

Thomas Brennan is listed as CEO 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.

How does Franc's funding compare to other Financial Services startups?

Franc's latest round of $300k is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

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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