An Extension of the Picard Theorem to Fractional Differential Equations with a Caputo-Fabrizio Derivative

In this paper, we consider fractional differential equations with the new derivative involving a nonsingular kernel, namely, Caputo-Fabrizio derivative. Using successive approximation method, prove an extension of Picard-Lindelöf existence and uniqueness theorem for derivative, which gives set conditions, under initial value problem has unique solution.