WATCH: What will Bank Zero bring to SA’s banking sector?
Bank Zero has been granted a provisional licence after an evaluation by the Reserve Bank. If it is granted a licence, it will become SA’s fourth mutual bank, alongside Finbond, GBS and VBS. Former FNB CEO Michael Jordaan is the co-founder of the app-driven bank. He spoke to Business Day TV to flesh out some of the details. OR LISTEN TO THE AUDIO: