Many potential bank customers are eager to compare the three new digital banks — TymeBank, Discovery Bank and Bank Zero. However, the long-awaited Bank Zero launch will not take place until 2020.

CEO Yatin Narsai says he is reluctant to do a soft launch before all the development projects have been signed off. "We have seen hostile comment about the launch of other new banks in social media," says Narsai. He was referring to the numerous Twitter and Facebook complaints around the new Discovery Bank app, which included a faulty selfie camera. The Discovery Bank Android app got a mediocre rating of 2.5 out of five...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.