Bank Zero reaches break-even milestone 5 years after launch

South African app-only lender Bank Zero has recorded its first monthly break-even, marking a major financial milestone five years after opening to the public. Achieved in August 2026, the milestone demonstrates that the bank’s revenue from deposit margins and transaction activity successfully covered its monthly operating costs, a feat accomplished with a fraction of the customer base typically required by traditional or challenger financial institutions. While earnings are expected to fluctuate