Press Releases


Bank Zero begins final countdown
13 November 2019

Having completed its core value proposition, preparations are underway to open its digital doors


Bank Zero edges closer
27 March 2019

Beta testing is well underway, just months after licence was granted


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.