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Bank Zero
1:40
Apr 1, 2021

Discovery Bank appoints Reuel Khoza as chairperson

Effective today, the celebrated businessman is chairperson of Discovery Bank, replacing Adrian Gore, who remains a director of the bank.

2:20
Feb 25, 2021

Discovery Bank clocks over 540K accounts

The digital bank says it is managing the growing customer and transactional volumes well and proved stable over the 2020 year-end period.

4:00
Jan 25, 2021

Bank Zero’s public launch hits snag amid COVID-19 interruptions

The digital-only newcomer delays its public launch and opts to run a “closed rollout” as a risk mitigation measure, amid the COVID-19 upheaval.

2:20
Dec 10, 2020

Hylton Kallner appointed new Discovery Bank CEO

The digital-only bank appoints Hylton Kallner to replace Barry Hore, at a time the digital bank has completed its build and migration phase.

2:40
Oct 28, 2020

Bank Zero introduces pricing guide, promises financial freedom

The digital-only bank bills itself as the first bank in SA to charge zero fees for EFT payments and the first to offer free debit order services.

2:40
Oct 15, 2020

SARB grants Bank Zero forex exchange licence

SA’s newest digital-only bank, Bank Zero, is appointed as a restricted authorised dealer in forex exchange by the South African Reserve Bank.

4:10
Oct 2, 2020

Bank Zero on track for 2020 launch, says CEO

South Africa’s latest digital-only bank confirms it will be open to the public before the end of the year, with financial backing from seven investors.

3:50
Sep 17, 2020

Digital newcomer Discovery Bank nears 500K customers

The digital bank says it has 489 000 clients as of 13 September, versus 370 000 accounts at the end of June.

3:20
Jul 28, 2020

TymeBank reaches new high, adds fast mode of transaction

The new kid on the banking block now has two million customers − a target reached five months ahead of the bank’s plans.

6:30
Jul 8, 2020

TymeBank, Discovery Bank see customer gains during lockdown

The digital banks report an upswing in on-boarding new customers, as more consumers look to branchless banking channels for their financial services.

4:20
Mar 19, 2020

TymeBank signs up 4 000 new customers per day

The digital bank now has 1.4 million customers, of which 700 000 are active bank accounts

2:10
Feb 20, 2020

Discovery Bank disburses over R1bn in credit

The bank’s half-year results show total credit card spend was R2.6 billion and total credit limits granted sat at R2.5 billion.

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