Bank Zero achieves Break-Even: 100,000 Customers, Zero Fees, Big Milestone

Loading player...
Bank Zero has achieved its first break‑even month — less than five years after launch and with only 100,000 customers. With cumulative capital investment under R300 million, a founder‑built core banking platform, zero card fraud, and a rapidly expanding deposit base, the bank is redefining digital banking efficiency. Michael Jordaan joins Kaya Biz to unpack the milestone, the SME surge, the zero‑fee model, and what comes next for the platform.
22 Sep 12PM English South Africa Business News · Investing

Other recent episodes

Rethinking the Modern Lease Agreement

Many rental disputes can be traced back to lease agreements that landlords and tenants don't fully understand. Craig Buckley, Managing Director of reOS, explores how attorney-backed technology is helping improve lease clarity, reduce disputes, streamline compliance and strengthen landlord-tenant relationships in South Africa's rental market.
19 Oct 1PM 16 min

Calgro's Long-Term Growth Blueprint as Interim HEPS slide 4%

Calgro M3 delivered resilient interim results despite a constrained property market. CEO Ben Pierre Malherbe joins Kaya Biz to unpack the company's investment in large-scale housing developments, progress on non-core asset disposals, rising debt levels, and the growing contribution from its Memorial Parks business. We explore what sustainable growth looks…
19 Oct 12PM 14 min

Why Many SMEs Still Aren't Investment Ready

Access to funding remains a major challenge for South African entrepreneurs, but is capital really the biggest obstacle? Old Mutual's Ndumiso Zulu explores why investment readiness, governance and compliance have become critical differentiators for SMEs seeking growth capital and long-term sustainability.
15 Oct 11AM 20 min

The New Economics of African Entertainment

Africa's entertainment and media sectors are evolving rapidly, but technology alone won't determine the winners. Charles Stuart of PwC unpacks the latest Africa Entertainment & Media Outlook, examining growth opportunities across South Africa, Kenya and Nigeria, the rise of gaming, shifting advertising trends and the enduring value of cultural connection
15 Oct 11AM 13 min

Inside Your Pocket: Spring-Clean Your Finances Before the Festive Spending Rush

With millions of South Africans battling impaired credit records and year-end spending pressures approaching, Trevor Misthry from National Debt Counsellors shares practical steps to regain control. From debt reconciliation and budgeting to avoiding festive season traps, this conversation focuses on building financial resilience before December arrives.
15 Oct 11AM 14 min