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.