HSBC challenges fintechs with app for making international payments
HSBC challenges fintechs with app for making international payments
  • HSBC plans an international payments app which will compete with those offered by Revolut and Wise targeting retail customers by offering cheap foreign exchange
  • The move shows how some global financial giants are seeking to compete against a slew of start-ups that offer a range of services on mobile devices
30 Jan 2024 - 10:07AM
HSBC logo is seen lit up on the exterior of the HSBC headquarters building in Hong Kong’s financial district, Hong Kong, China. Photo: EPA
HSBC

HSBC challenges fintechs with app for making international payments

30 Jan 2024 - 10:07AM
  • HSBC plans an international payments app which will compete with those offered by Revolut and Wise targeting retail customers by offering cheap foreign exchange
  • The move shows how some global financial giants are seeking to compete against a slew of start-ups that offer a range of services on mobile devices

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