Bank Zero Email Format
Financial ServicesGauteng, South Africa11-50 Employees
Bank Zero is a Johannesburg-based financial services firm offering an app-driven banking platform for individuals and businesses. It emphasizes low to zero fees and aims to address everyday banking challenges with innovative features. The bank was founded by Michael Jordaan, Yatin Narsai, and five other co-founders and is 45% black-owned and 20% women-owned. In 2024, Bank Zero launched South Africa's new deposit insurance scheme, protecting deposits up to R100,000. In April 2026, Paymentology integrated with Bank Zero, expanding its digital processing capabilities.