Discover your dream Career
For Recruiters

HSBC quietly hired from Revolut, Monzo & Wise for new fintech rival

HSBC are back with a new fintech project looking to compete with the likes of Revolut and Wise. Zing, its new money transfer service, has been in the works for some time now and has been bringing together HSBC veterans, and new faces from the fintech scene, including from Zing's main competitors.

Lots of Zing's new faces have come from fintech unicorns. Monzo's director of product marketing Neil McKeown joined as its head of product and brand marketing. From Revolut, Dario De Angelis joined as a senior treasury manager. On the engineering front it hired Eduardo Mercer who spent a decade working at Wise.

Click here to sign up for our fintech newsletter 🤖

This isn't HSBC's first foray into fintech; it invested $35m into neobank Monese, which isn't doing too well at the moment. The investment bank has been shifting a number of senior people from that project into their shiny new one. These include head of mobile Dimitri Bogatenkov, senior product designer Gandhali Mane, and senior engineer Eigen Lenk. 

When it comes to Zing's most senior staff however, HSBC have kept things in-house. CFO Ian Fullen was HSBC's head of costs and investments for retail banking and wealth management. CEO James Allan was head of FX and payments for wealth and personal banking. Head of technology Nassos Economopoulos was most recently global head of cloud and emerging technologies risk.

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available  

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by Gary Bendig on Unsplash

author-card-avatar
AUTHORAlex McMurray Reporter
  • St
    StephenMcC
    5 January 2024

    Should these fintechs be allowed to specify what clients can and can't spend their money on?

    Wise for example, don't allow the purchase of tobacco, alcohol, drug paraphernalia or gambling among a long list of other taboos.

    I think the only thing not on the blacklist is vegetables, but there's only so many carrots and lettuces you can buy.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
Goodman Masson
Interim Liquidity Risk Manager - Structured Products
Goodman Masson
London, United Kingdom
CME Group
Manager - FX Products
CME Group
London, United Kingdom
Paritas Recruitment - Risk
Securitisation & Financing – Credit Risk (AVP)
Paritas Recruitment - Risk
London, United Kingdom

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.