Franc Investment App

Franc Group Pty Ltd

About this app

Investing for your future is the best thing you can do to get ahead in life and make your dreams happen – and we believe that it should be for everyone! Which is why we've simplified the investing process so you can get started investing in less than 2 minutes and 3 easy steps.

Here’s how it works:
1. Tell us what your financial goal is (that can be investing for your next big holiday, your house deposit, or your future wealth, and so much more!)
2. Our robo-advisor will recommend an investment strategy that's right for you.
3. You can make your first investment through the app safely and securely.

Here's how Franc is different to banks and other investing platforms:
* We've cut through the clutter and chosen the top-performing, lowest-cost funds in each category that we think every investor should invest in.
* You can access your money whenever you need it – withdraw from your investment at any time.
* Skip the boring paperwork – the Franc app makes all the admin quick and easy.
* Make your investment grow faster with our low, all-in 1% annual fee – that’s just R1 a year for every R100 invested.
* Rest assured that your money is safe with us, thanks to our biometric security and best-in-class, cloud-based data security and encryption.

Franc is an award-winning investment app recognised by Google and top tech awards:
* Visa Everywhere Initiative Impact Winner 2023
* MTN App of the Year Best Financial App 2022
* Google for Startups: Africa Accelerator 2020
* Stuff Magazine App Awards: Best Financial App 2020

Download Franc and become an investor today!

Franc is a registered Financial Services Provider (FSP no. 49998)

[Minimum supported app version: 5.2.0]

Ratings and reviews

The app is great for what it offers, but the UI definitely needs a fresh polish. Right now, the navigation feels cluttered because the "available" account types are mixed in with the accounts I already have. It would be much smoother if these were separated. ​A dark mode "facelift" would also be a game-changer the current white interface is a bit much. Even though the brand is orange, a black and orange theme would look incredibly sleek. Looking forward to a more modern update!

At first, I was really impressed with this app because my investments were growing steadily. However, I was disappointed to discover that monthly fees were being deducted without me fully realizing it. I noticed R19 missing this morning, and that’s when I understood what was happening. It’s discouraging to see fees reduce the returns you’re trying to build. For that reason, I’ve decided to opt out

Would give zero stars if possible. Monthly starter account fee is charged DESPITE regular monthly deposit. I have my deposits on a scheduled payment from my bank - this app only shows payments processed up to 2 weeks later! their support staff even acknowledge that their own statement in-app does not reflect real world timing. Support argues with me and tell me I don't deposit every month yet their own transaction list shows it, right after they conveniently take their fee - this is theft!

What’s new

Franc helps you save and invest your money towards your real life goals – from next year's family holiday to your long-term wealth.

In this latest release, we've made some important back-end adjustments to increase security, improved your transaction statement experience so you know exactly where your money is allocated, and squashed some pesky UX bugs.