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Bank Zero profile

Who owns Bank Zero?

traditional · Johannesburg, ZA · Licensed bank · custody: Custodial

short answerBank Zero holds its own banking licence, so Bank Zero itself is the bank — customer deposits sit on its own regulated balance sheet rather than with a third-party sponsor.

Is Bank Zero a licensed bank?

Yes — it holds its own banking licence. Licence detail: Mutual bank licence (SA).

Where is your money held?

Custody model: Custodial — on Bank Zero's own balance sheet as a licensed bank.

No sponsor bank or infrastructure provider is publicly documented for Bank Zero yet. Know one? Suggest it.

Who's behind Bank Zero?

Bank Zero was founded by Michael Jordaan, Yatin Narsai (2018), headquartered in Johannesburg, ZA.

Is my money safe with Bank Zero?

As a licensed bank, eligible deposits at Bank Zero are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.

go deeperSee the full Bank Zero profile with every verified field, or Bank Zero alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.