Articles about Bank Zero

Bank Zero, Paymentology forge partnership

Global card issuer-processor Paymentology and Bank Zero partner to deliver digital banking and financial services in SA.

Discovery Bank turns R145m loss into R230m profit

The digital bank accelerates client acquisition, as it deepens its footprint in an increasingly competitive retail banking market.

AI drives record-breaking tech M&A in 2025

Tech giants spent trillions securing AI capabilities in 2025, while SA saw major telco consolidation and fintech IPOs reshape the local landscape.

ITWeb TV: Bank Zero acquisition to boost Lesaka balance sheet

The deal will combine Lesaka’s reach with Bank Zero’s tech and expertise for greater financial inclusion, says Lesaka CEO Lincoln Mali.

SA regulators approve landmark fintech, fibre network deals

The regulatory authorisations clear Lesaka’s Bank Zero acquisition and Vodacom’s 30% stake purchase in fibre group Maziv.

Lesaka’s R1.1bn bid for Bank Zero gets green light

The Competition Commission believes the transaction is unlikely to substantially lessen or prevent competition in any market.

Cash’s crown slips, slightly

Cash remains the dominant payment method in South Africa, although digital alternatives are gaining ground.

Fintech acquisitions boost Lesaka’s revenue

The fintech group delivers robust first quarter growth, driven by momentum in its consumer, merchant and enterprise businesses.

Lesaka’s revenue surges as R1.1bn Bank Zero deal nears

The fintech group delivers strong top-line and operational growth despite widening losses as it looks to conclude the Bank Zero deal in 2026.

Lesaka Technologies to acquire Bank Zero for R1.1bn

The fintech group agrees to a transaction consideration of up to R1.1 billion for the acquisition of the South African digital bank.

Bank Zero charts path to break-even in two years

After 40% year-on-year customer growth, the digital-only financial player aims to gain 100 000 new clients and expects to break even by 2027.

PayShap prompts SA banks to cut instant payment charges

Local banks have reduced their own charges for instant transfers so that the charges are the same as that of PayShap.