Discovery Bank notches up first 1m clients

Discovery Bank News

Discovery Bank notches up first 1m clients
Hylton KallnerBank ZeroTymebank
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The digital bank says it has acquired one million clients, two years ahead of schedule.

Discovery Bank has acquired one million clients, two years ahead of schedule, the digital bank says in a statement issued today. Hylton Kallner , CEO of Discovery Bank , comments: “While it’s only the beginning for us, we are incredibly proud because it reflects the impact of our unique shared-value model that creates value as clients manage their money well and engage with our products and rewards.”

The bank has, in under five years, grown to a completely digital, comprehensive retail bank offering that is attracting over 1 000 new clients a day, according to the statement. “When we started building Discovery Bank, we envisioned a financial institution that would revolutionise banking by applying the shared-value model we pioneered in insurance and healthcare, and placing a digital bank branch in every client’s hands.

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