About Bank Zero
Bank Zero is a company based in Johannesburg (South Africa) founded in 2016 by Jay Prag, Michael Jordaan, David Longe, Yatin Narsai, Line Wiid, Mo Hassem, and Lezanne Human was acquired by Lesaka in June 2025. Bank Zero offers products and services including Banking App, Zero Card, Shared Accounts, and Instant Payments. Bank Zero operates in a competitive market with competitors including TymeBank, Kuda, DafriBank, Curve Banking and Financial Services and Hcoin, among others.
- Headquarter Johannesburg, South Africa
- Founders Jay Prag, Michael Jordaan, David Longe, Yatin Narsai, Line Wiid, Mo Hassem, Lezanne Human
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Sectors
Financial Services
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Email
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Website
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Products & Services of Bank Zero
Bank Zero offers a comprehensive portfolio of products and services, including Banking App, Zero Card, Shared Accounts, and Instant Payments.
Mobile app for zero-fee transactions and account management
Fraud-protected card for secure online and in-person payments
Feature for joint financial access among users and businesses
System for quick, fee-free local transfers and alerts
People of Bank Zero
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Funding Insights of Bank Zero
Detailed funding history for Bank Zero
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Investors in Bank Zero
Bank Zero has secured backing from 1 investor. Prominent investors backing the company include Lesaka.
| Investor | Description | Founded Year | Domain | Location |
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Bill payments, POS solution and card acceptance solution for consumers and businesses
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Investor details for Bank Zero
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Investments & Acquisitions by Bank Zero
Investment portfolio details for Bank Zero
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Financial Statements - Bank Zero
Detailed financials for Bank Zero
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Bank Zero Comparisons
Peer comparison for Bank Zero
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Competitors of Bank Zero
Bank Zero operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TymeBank, Kuda, DafriBank, Curve Banking and Financial Services and Hcoin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of the digital bank for individuals
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Kuda is recognized as a digital banking app for Africans.
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Digital banking services are provided to individuals and businesses.
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Serves as a mobile bank catering to retail and corporate customers.
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Provides online payments, loans, deposits, and money transfers for African users.
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Detailed competitors of Bank Zero
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Latest news on Bank Zero
Complete news archive for Bank Zero
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Frequently Asked Questions about Bank Zero
Bank Zero was founded in 2016.
Bank Zero is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Bank Zero is an internet-first bank for individuals businesses. It offers services such as savings current accounts, money transfers, cash withdrawal, debit cards, and more.
Bank Zero offers Banking App, Zero Card, Shared Accounts, and Instant Payments.
Bank Zero has 1 investor. Key investors include Lesaka.