Fundz

Frank, a Gen Z-focused agentic finance platform, raises £3M in seed funding from angel investors ahead of 2027 launch.

PRIVATENov 06, 2026

Amount Raised

£3 Million

Round Type

Seed

Greater LondonArtificial IntelligenceFintechMessaging

Description

Frank, a London-based fintech founded in 2025, has exited stealth mode and secured £3 million in seed funding from angel investors. The agentic money app, led by CEO Erica Katsambis, offers Gen Z users an account, mobile wallets, consumer debit card, savings pots, and conversational AI chat. The company plans to launch a beta with 1,000 founding members by year-end and achieve full market launch in 2027. Previously bootstrapped by founder Derek Mayne, the £3M seed round will support product development and the company's official debut.

Quick answer

Frank raised £3 Million in a Seed round, dated November 6, 2026. Frank is based in Greater London, England, United Kingdom.

How much did Frank raise?
Frank raised £3 Million in a Seed round on November 6, 2026.
What does Frank do?
Frank is a London-based fintech start-up building an agentic finance platform designed for Gen Z users.
Where is Frank based and how big is it?
Frank is based in Greater London, England, United Kingdom.

Source: Fundz verified event record.

Who else raised in Fintech and Messaging around the same time

Companies in the same sectors as Frank that raised within 45 days of this round, from Fundz verified event records.

  • Sumary raised $25M (Seed) on November 10, 2026.
  • Inkbox raised $5.3M (Seed) on November 10, 2026.
  • Planky raised $7.7M on November 10, 2026.
  • Volaren raised $1M (Seed) on November 9, 2026.
  • Numica raised $21M on November 5, 2026.
  • Crediflow AI raised $2M (Seed) on November 4, 2026.

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Company Information

Company

Frank

Location

Greater London, England, United Kingdom

About

Frank is a London-based fintech start-up building an agentic finance platform designed for Gen Z users. The platform features a money app with an account, mobile wallets, consumer debit card, savings pots, and conversational AI chat functionality. Founded in 2025 by Derek Mayne, Frank aims to transform Gen Z's relationship with money by reducing anxiety and friction while providing clarity and ease. The company is preparing for a full launch in 2027 after completing beta testing with founding members.

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Frank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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