HSBC vs Revolut - Tech vs Trust
6 May 2026 · 1 min

0:45
HSBC has 60,000 tech employees but outdated systems. Revolut moves faster with newer code. HSBC wins on trust and reputation, things Revolut still needs to build.

HSBC has 60,000 tech employees but outdated systems. Revolut moves faster with newer code. HSBC wins on trust and reputation, things Revolut still needs to build.
The big lumbering dinosaurs with big teeth look pretty cool, but they got totally outcompeted by the smaller ones, right? And I remember when I joined HSBC, they were really proud by saying that the tech department, the tech unit of HSBC alone would've been something like the 6th biggest tech company in the world by employees. It had like 60,000 tech people located all around the world, but that's basically maintaining an archaic architecture. So. But what does HSBC have that Revolut doesn't? Credibility, trust, reputation, longstanding relationships. So that's the, you're the hard-charging rival upstart, and you've got all of this amazing tech versus, well, I might as well go with HSBC because I kind of know them.

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