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Featured image (left to right): Franc Group CEO Thomas Brennan and Hybr partner Vuyisa Qabaka at the Seedstars SA finals held at Seedspace Cape Town

Joburg based insurance platform Franc Group wins 2018 Seedstars SA finals

Johannesburg based self-insurance platform Franc Group was earlier this evening (14 November) crowned the winner of the 2018 Seedstars SA finals.

The startup — which earlier this month won the Seedstars Johannesburg pitch event — came first ahead of property tech startup HouseMe which was placed second and peer-to-peer storage and parking platform Sxuirell which was placed third. Seven startups in all pitched.

A jury comprised of Naspers Ventures strategy manager Minette Havemann, Nedbank head of disruption and innovation Stuart van de Veen, Seedstars regional manager for Africa Claudia Makadristo and Hybr partner Vuyisa Qabaka (pictured above, right with Franc Group founder and CEO Thomas Brennan) selected the three winners.

Franc Group will now represent South Africa at the Seedstars regional and global summits

Franc Group will now represent South Africa at the Seedstars Africa summit in Tanzania next month and the global summit in Lausanne, Switzerland in April next year. At the global summit, the fintech startup stands a chance to win up to $1-million in funding.

Franc Group was founded in May by CEO Thomas Brennan and aims to give people access to low-cost passive investments.

Through the Franc app — available on both the Google Playstore and the Apple App Store — customers can invest in either the money market and the stock market for only R5 per month with no minimum contribution required.

Continuing on its world tour of startup scenes, Seedstars World’s next stop is Gambia’s capital Banjul this Saturday (17 November) where the country’s best early-stage startup of the year will be selected at Seedstars Banjul.

Read more: Meet the Cape Town, Jozi startups that will pitch at Seedstars SA finals
Read more
Jozi fintech startup Franc Group wins Seedstars Johannesburg 2018
Read moreHere are the 10 SA startups that will pitch at Seedstars Johannesburg 2018
Read more: SA proptech startup HouseMe crowned winner at Seedstars Cape Town
Read more: Here are the 10 SA startups that will pitch at this year’s Seedstars Cape Town
Read more: Seedstars puts out call to SA startups to take part in three pitching events

Featured image (left to right): Franc Group CEO Thomas Brennan and Hybr partner Vuyisa Qabaka at the Seedstars SA finals held at Seedspace Cape Town on 14 November.

Author Bio

Daniel Mpala
Daniel's focus is on the African tech startup ecosytem. Besides that, he is passionate about online security, privacy and international affairs. He studied International Relations and Media Studies at the University of the Witwatersrand. More

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