FiTech Ventures

Franc is a financial platform designed to simplify the investment process for users with varying levels of experience. The app offers a straightforward approach, allowing individuals to start investing in under two minutes without prior investment knowledge or paperwork. Users select personal financial goals and investment strategies, receiving tailored recommendations that combine money market options and index tracking ETFs. To enhance user experience, Franc provides budgeting calculators and access to an online academy, along with engaging financial literacy quizzes. Recognizing the challenges of saving and investing, Franc fosters community through savings groups and challenges, encouraging users to support one another. The platform also hosts weekly competitions where participants can win cash prizes to boost their investments, making the journey toward financial independence more engaging and accessible.

SmartWage Pty Ltd. is a financial technology company based in Johannesburg, South Africa, that provides innovative payday solutions aimed at enhancing financial wellness for employees. Founded in 2019, SmartWage offers services that allow employees to track their earnings and access their earned salaries on demand. The company also provides salary-packaging administration services to both employers and employees, making it one of the most affordable and accessible options in the South African market. Through its offerings, SmartWage seeks to improve the overall financial well-being of individuals by enabling timely access to earned wages.

Ukheshe Technologies is a digital-first financial services enabler based in Johannesburg, South Africa, established in 2018 by Jason Penton and Paul Carter-Brown. The company focuses on improving financial inclusion for small, medium, and micro enterprises (SMMEs) by offering a tailored digital platform that partners with banks, telecommunications companies, and other financial service providers. Ukheshe's services include banking-as-a-service and payment processing, providing a multi-tenant cloud-based API that facilitates rapid digital transactions. This innovative platform allows users to make payments conveniently, eliminating the need for cash and integrating seamlessly with various banking apps and payment solutions. By focusing on user lifestyles, Ukheshe aims to create accessible financial solutions that empower customers and enhance their financial capabilities.