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Company type | Mutual bank |
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Industry | |
Founded | January 16, 2018 |
Founder |
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Area served | South Africa |
Website | bankzero |
Bank Zero, registered with the South African Reserve Bank in 2018, is an exclusively digital mutual bank in South Africa. It offers banking to both individuals and businesses. Bank Zero joins other new banks in South Africa, such as TymeBank and Discovery Bank.[1] Despite an original planned soft launch at the end of 2019,[2][3] the bank is as of June 2021, conducting a closed rollout with beta testing, with a proposed launch date in mid-2021.[4]
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