What is Franc and how does it work?

Franc is a South African investment app that helps users save and invest towards real-life goals like holidays, house deposits, or retirement using a robo-advisor. You set a financial goal in the app, the robo-advisor recommends a strategy with top-performing low-cost funds such as Allan Gray Money Market or Satrix 40 ETF, and you invest any amount with no minimums through the app.

What countries does Franc operate in?

Franc operates in South Africa.

How do I sign up for Franc?

Download the Franc app from Google Play or the App Store, set up your profile, tell the app your financial goal, and follow the prompts to make your first investment securely.

Does Franc have a mobile app?

Yes, Franc has a mobile app available on Android via Google Play and iOS via the App Store.

Who is Franc best suited for?

Franc is best suited for South Africans wanting simple, low-cost investing for personal goals like holidays, property, retirement, or children's education, with no minimum investments.

How do I contact Franc support?

Pro account holders can book an appointment for a call with support through the app. You can also contact them via help@franc.app.

Does Franc have a plan for teams or businesses?

Yes, the Franc Hustle account is designed for businesses or freelancers, offering features like one hustler's goal.

Franc

🇿🇦 South Africa

A South African digital wealth app that helps individuals set money goals, save or invest in curated funds, and track progress with transparent fees and FSCA regulation.

Use it on:Web Android· 4.2 iOS· 3.9

Is Franc right for you?

Best for

South African savers
First-time investors
Goal-based money plans
People tracking progress
B2C wealth app users

What it does well

Goal setting
Guided saving strategies
Curated fund investing
Progress tracking
Transparent fees

Things to check

Fund options list
Minimum deposit amounts
Withdrawal timelines
FSCA licence details
App and web access

Franc is a South African digital wealth platform for individuals who want to save and invest toward specific goals, with guided strategies designed for beginners and experienced savers.

Key capabilities include:

Goal-based investing with a guided setup, users answer a few questions and get a recommended savings or investment strategy aligned to their goals and risk preference.
Savings Account for flexible saving with high interest and no lock-in period, plus a live interest tracker to show growth.
Investment products for long-term planning, including Investment Goals, a Tax-Free Savings Account (TFSA), and a Child Account for saving and investing for a child’s future.
Withdrawals on demand, with stated timelines of 2 to 5 business days for standard withdrawals and 1 to 2 business days for quick withdrawals.

Available on Web, Android, and iOS.

It is built for South African consumers, including first-time investors, families saving for children, and people who prefer goal-based saving with clear fee visibility.

Notable in the local market context, it is regulated by the FSCA as an authorised Financial Services Provider (FSP No. 49998), states that investments are held with licensed providers in the user’s name under the Collective Investment Schemes Control Act, and lists bank-level security measures such as biometric security and cloud-based encryption.

As of Jun 22, 2026, Franc is rated 3.9 on the App Store from 7 reviews and 4.2 on Google Play from 835 reviews with 100K+ installs.

Phone:+27 62 812 3798

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