Discovery Bank wins Daily Investor 2025 Best Digital Bank award

Jacqui Carnelley – Executive Head of Marketing at Discovery Bank – accepts the award from Daily Investor.

Discovery Bank has won the award for Best Digital Bank in Daily Investor’s 2025 Investor and Banking Survey.

The Daily Investor 2025 Investor and Banking Survey was conducted by Daily Investor in April, with 2,104 South African investors and high net worth individuals taking part.

When asked which digital bank they would use, 63% of respondents selected Discovery Bank.

This saw it comfortably beat TymeBank and Bank Zero.

Discovery Bank has done a superb job at marketing and positioning itself as the bank of choice for affluent digital-first South Africans.

Its digital platform, which features multiple reward and behaviour-tracking innovations, is another selling point among South Africans.

TymeBank, aimed more at working-class South Africans, took second place in the digital bank rankings – well ahead of third-place Bank Zero.

Bank Zero, backed by Michael Jordaan, has not enjoyed the same market share growth experienced by Discovery Bank and TymeBank.

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