News

February 3, 2025

HSBC fintech app Zing missed user targets before shutdown: ‘It didn’t work’

The closure marks the latest fintech failure from a legacy bank

Martin Coulter

2 min read

Zing, the payments app set up by banking giant HSBC to compete with fintechs like Revolut and Wise, struggled to acquire new customers before it was shut down, reports say.

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Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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