Bank Zero increasingly gains 'primary bank account' status
The neobank sees 75% year-on-year customer growth, as more South Africans ditch their traditional financial institutions and move to digital banking.
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The neobank sees 75% year-on-year customer growth, as more South Africans ditch their traditional financial institutions and move to digital banking.
The digital bank reaches profitability, becoming the first branchless financial institution in Africa to break even.
While digital banking adoption has surged, the SA payments ecosystem remains a hybrid one, as cash still dominates.
Many South African’s are leaching money through high bank service charges. Is now the time to swap to one of SA’s cheapest banks?
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