Discovery Bank

Discovery Bank is South Africa's first behavioral bank, launched as a digital-only financial institution focused on improving customer financial health through behavior change and incentives. A subsidiary of Discovery Limited, the bank serves 1.2 million customers as of September 2025. While not a private bank, Discovery Bank targets affluent consumers with a unique shared-value banking model that rewards financially healthy behaviors through its Vitality Money program, interest rate benefits, and extensive partner rewards.