Recent Acquisition Bank Zero was acquired by Lesaka Technologies for approximately $61 million, indicating strong investor confidence and potential for expanding product offerings through integration with Lesaka's fintech ecosystem.
Expansion into Commercial Banking The launch of Bank Zero's app-based commercial banking solutions presents an opportunity to offer integrated financial products and services, including card solutions and small business banking packages.
Focus on SME Market Bank Zero's development of customised banking solutions for niche segments like Green Riders suggests potential for tailored financial products for other specific industries or verticals.
Emphasis on Cost Efficiency With its zero-fee banking model and innovative digital infrastructure, Bank Zero is positioned to attract cost-conscious small and medium-sized enterprises seeking affordable transaction banking options.
Partnership Opportunities The bank’s collaboration with fintech providers such as iKhokha highlights an openness to strategic partnerships, creating sales potential in banking hardware, point-of-sale integration, and fintech-enabled banking services.
$100M$250M
$10M$25M
$25M$50M
$1B$10B
$1B$10BBank Zero uses 8 technology products and services including Google Ads Conversion Tracking, Linkedin Insight Tag, oEmbed, and more. Explore Bank Zero's tech stack below.
| Bank Zero Email Formats | Percentage |
| First.Last@bankzero.co.za | 50% |
| First.Last@bankzero.co.za | 50% |
Financial ServicesGauteng, South Africa11-50 Employees
Powerful banking... at Zero cost! A simple, modern App-driven bank for individuals AND businesses. Focused on solving real banking problems customers struggle with every day - by providing innovative and unique functionality, and at Zero (to low) fees. Started by tech entrepreneur Michael Jordaan and banking innovator Yatin Narsai, along with 5 other co-founders, the bank is 45% black-owned and 20% women-owned.
Company Overview
Funding & FinancialsBank Zero's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsBank Zero's revenue is estimated to be in the range of $1M$10M
1-888-653-2347 
support@leadiq.com