Bard Santner secures a deposit-taking microfinance banking licence

Thursday, October 15, 2026 | 10 Views |

Branching out: Bard Santner Group chief executive, Senziwani Sikhosana

HARARE - Bard Santner Inc, a Harare-based financial services group, has secured a deposit-taking microfinance bank licence as it moves to establish a diaspora banking and investment platform designed to serve Zimbabweans and other Africans living and working across the continent and worldwide.

The deposit-taking microfinance bank is a foundation for the longer-term banking ambitions of the Bard Santner Group, which has offices in Harare, Johannesburg, South Africa and New York, United States, as it develops a diaspora-focused institution, the first of its kind in Zimbabwe and the region.

South Africa boasts the most developed financial technology ecosystem in Africa, including digital banking and neobanks, reaping 40% of the continent's entire fintech market revenue.

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