HSBC’s Zing app aims to challenge Revolut and Wise

HSBC has launched a new product called Zing focused on international transfers to better compete with fintech companies like Wise and Revolut.

In brief:

- It is now officially out, so let’s have a look at what HSBC offers and if it’s indeed a competitive service.

- Zing also has a completely different approach to foreign exchange as it is relatively transparent when it comes to fees. 

- For now, Zing’s coverage is pretty limited as only people living in the U.K. can use it.

Read more here.