News

January 24, 2025

HSBC axes fintech app Zing — rival to Revolut and Wise — 12 months after launching

It's the latest in a string of traditional bank fintech failures

HSBC is shutting down its international payments app Zing — which it sought to position as a rival to Wise and Revolut — just over a year after launching the platform.

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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