South Africa's newest bank

In a world of numbers, citizen Zero stands tall. Despite its importance, Zero arrived much later, yet now is pivotal to the number system. Some even say Zero is infinity. Bank Zero is the newest citizen in South Africa's banking world, pivotal to the new banking revolution.

Press releases


Bank Zero starts first trial runs
30 October 2018

Bank Zero Mutual Bank – which is more than 45% black-owned and 20% women-owned – was granted their licence, has integrated with the national payments systems of the South African Reserve Bank, and is currently Alpha testing their App-driven bank


SA sees the birth of a new bank - Bank Zero
16 January 2018

Michael Jordaan and Yatin Narsai launch an app-driven bank that offers added control and transparency, and a fresh take on banking. Bank Zero has been granted a provisional licence after a rigorous in-depth evaluation process by the South African Reserve Bank.

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