24 January 2025

HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank (Akila Quinio/Financial Times)

Akila Quinio / Financial Times:
HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank  —  Closure marks latest failed fintech effort by traditional bank  —  HSBC is shutting its payments app Zing just a year …

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