Fractn: The AI Fintech Simplifying Money for Africans

In a world where managing money often means juggling multiple apps, logins, and dashboards, Fractn is quietly building something smarter and more human. It’s not just another fintech app. It’s a full-fledged ecosystem merging AI, financial accessibility, and automation to make money management effortless for everyone, from everyday users to entire financial institutions.

At the heart of this innovation lies two powerful creations: Fractn AI, the parent technology company driving intelligent banking solutions, and Fractn Money, its consumer-facing fintech app simplifying how Africans save, spend, and invest.

Imagine being able to handle all your banking tasks with just your voice. That’s the reality Fractn AI is bringing to life with its groundbreaking assistant, Zed AI — a voice-activated banking companion designed to make financial interactions seamless, secure, and inclusive.

Zed AI is more than a chatbot; it’s your personal, voice-activated banking assistant. Users can perform everyday tasks like sending money, paying bills, checking balances, or even getting financial advice, all by saying,

“Hey Zed, send₦5,000 to Shalom.”

Zed handles it instantly. No screens. No clicks. Just simple, natural conversations.

In a time when data privacy is more important than ever, Zed AI is built with privacy at its core. Your voice commands are processed instantly and deleted, with no data retention or reuse. Every interaction is encrypted using AES-256 encryption, and the system is fully compliant with Nigeria’s Data Protection Regulation (NDPR) and international privacy standards. Fractn never sells or shares user data; privacy isn’t a feature, it’s a promise.

Fractn AI’s mission goes beyond convenience. It’s about accessibility and inclusion, ensuring that everyone, including persons with disabilities, can access and manage financial services effortlessly. Through voice-activated and adaptive AI, Fractn is breaking barriers for users who may struggle with traditional banking interfaces. It’s financial technology reimagined for everyone, accessible, intelligent, and inclusive.

Beyond consumer banking, Fractn AI is also empowering fintechs and banks to integrate voice and automation into their platforms through its developer SDK. With just a few lines of code, companies can add Zed AI’s voice capabilities, smart analytics, and enterprise-grade security to their own apps. It’s a step toward a smarter, faster, and more inclusive financial infrastructure.

If Fractn AI powers the engine, Fractn Money is the sleek car taking Africans on a smoother financial journey. Launched in June 2025, the app already has over 1,000 users and millions of naira in transaction volume. It’s an all-in-one fintech app designed to help Africans save smarter, spend better, and invest confidently, all in one place.

Fractn Money was born out of personal frustration. Founder and CEO Shalom Mathew, who lives in the UK with her team based in Lagos, recalls using multiple apps just to manage her finances, one for savings, another for investments, and yet another for tracking expenses.

“I had three different financial apps solving different needs, and I still couldn’t keep track of my spending,” she says. “I knew there had to be a better way, not just for me, but for millions of others across Africa.”

That pain point evolved into Fractn Money, a single, intelligent platform that puts budgeting, saving, investing, and spending under one roof.

While Africa’s fintech scene is booming, very few apps bring everything together like Fractn Money does, and none combine it with AI-driven insights like Zed AI.

Users can open and manage multi-currency wallets (NGN, USD, GBP, and EUR), send and receive global payments, and access USD virtual cards for smooth transactions. The app’s analytics engine offers detailed expense tracking, while its goal-based savings feature helps users plan and achieve their financial goals with discipline.

Fractn also brings investing closer to the everyday user. Through partnerships with Risevest and live data from the Nigerian and global stock exchanges, users can invest in both local and international markets, guided by insights from Zed AI.

Everyday habits can also turn into automated growth: users can activate Spend + Save or Spend + Invest options, automatically allocating a small percentage of every purchase toward savings or investments. With Lock & Earn, funds can be secured for a fixed period to earn up to 12% interest, perfect for rent, tuition, or major expenses.

At the core of all this is Zed AI, acting as a personal financial coach inside Fractn Money. It analyzes user habits, offers spending insights, and suggests better ways to diversify or manage money. Combined with net worth tracking, users get a complete view of their financial health, all in one dashboard.

Fractn’s vision is as ambitious as its technology. The company is focused on Nigeria for now, but plans to expand across Africa before going global in the next five years. Its larger goal is simple yet powerful:

“To make global financial solutions simple and accessible for Africans,” says Mathew.

Fractn is also investing in financial education, helping users, especially those new to technology, understand AI tools and improve their money habits through interactive experiences.

The app itself is free, but revenue comes from users purchasing USD cards, commissions from airtime and data purchases, and partnerships with investment platforms like Risevest. Rates remain competitive and transparent, similar to banks but with far greater convenience.

With AI at its core, privacy by design, and a focus on inclusive innovation, Fractn represents the future of African fintech. It’s not just building another financial app, it’s building an intelligent ecosystem that empowers users to fraction every bit of their money wisely.

From the secure voice commands of Zed AI to the all-in-one simplicity of Fractn Money, this startup is showing how technology, empathy, and inclusivity can redefine the way Africans interact with their finances.

Fractn isn’t just following the AI wave; it’s helping shape the future of money.