Frich: A social finance app gamifying money management for Gen Z with friends.
Location
New York City, NY, US
Founded
2021
Frich is an investment firm specializing in early-stage investments, particularly focusing on innovative financial technology solutions. They primarily target startups that leverage social media and gamification to disrupt traditional finance sectors. Frich typically invests in pre-seed and seed stages, providing capital to help nascent companies develop their products and scale their operations.
Notable portfolio companies include Frich, a social finance app designed to help Gen Z manage their money by setting spending goals with friends through gamification. The firm's key partners and decision-makers bring a wealth of experience from top-tier educational institutions like Columbia University. Frich's investment philosophy centers on empowering the next generation with tools for financial literacy and management. They offer unique value-add services such as strategic guidance, networking opportunities, and mentorship to help portfolio companies thrive.
Frich - Classification
Also Known As
Frich inc
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 6 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
8700Engineering, Accounting, Research, Management, And Related Services
6280Services Allied With The Exchange Of Securities Or Commodities
