Business Development

HSBC Product Management and Web3 Remote Externship

Gain product management skills by ideating and developing a fintech product.

Apply for this ExternshipApply for this Practicum
Product Management and Web3 Remote Externship
About the
  • Apply by
    July 11, 2022
  • Externship starts
    July 18, 2022
  • Rolling Externship start date
    July 18, 2022
  • $
  • Open to matriculated undergraduate students
  • Open to matriculated undergraduate and graduate students
  • Open to matriculated high school, undergraduate, and graduate students
  • Open to matriculated graduate students
At a glance
Apply by
July 11, 2022

Submit your application as soon as you can to give yourself the best shot.

Rolling start dates
Rolling applications

The start date for this Externship is rolling and students will be evaluated on a first come first serve basis. Applications will close when the Externship is full.

Applications for this Practicum are rolling and students will be evaluated on a first come first serve basis. Applications will close when the Practicum is full.

Part-time and fully remote
This Externship is a 10-hour-per-week fully remote experience where all meetings and events are recorded.
This Practicum is a 10-hour-per-week fully remote experience where all meetings and events are recorded.
Externship starts
Externship starts
July 18, 2022
Externship starts
Practicum starts
July 18, 2022
Receive your start date with your acceptance letter

This remote Externship will last

This remote Practicum will last




Students that accept their offers will receive their educational stipends at the end of the program.

Required Academic Standing

This Externship is open to undergraduate students only.

This Practicum is open to undergraduate students only.

Required Academic Standing

This Externship is open to undergraduate students and graduate students.

This Practicum is open to undergraduate students and graduate students.

Required Academic Standing

This Externship is open to graduate students only.

This Practicum is open to graduate students only.

Required academic standing

This Externships is open to high school students, undergraduate students, and graduate students.

This Practicum is open to high school students, undergraduate students, and graduate students.

Required academic standing

This Externships is open to high school students, undergraduate students, and graduate students. Young people not currently enrolled at an academic institution are also welcomed to apply.

This Practicum is open to high school students, undergraduate students, and graduate students. Youths not currently enrolled at any academic institution are also welcomed to apply.

Required Academic Standing

This Externship is open to undergraduate students, graduate students, recent graduates, and graduates of relevant bootcamps.

This Practicum is open to undergraduate students only.

HSBC is not accepting or considering any applications for this Externship through other channels. Any effort to apply or reach out to HSBC separately will adversely affect a student’s application.
Program Overview

Seeking aspiring founders, hackers, and product managers to help design and build the bank of the future, in collaboration with HSBC. 

This remote externship program has been designed by Paragon One in collaboration with HSBC to offer talented students an opportunity to develop and showcase their strategic problem solving, product management, and critical thinking skills by designing the Web3 bank of the future.

HSBC is investing in and deploying technology to improve customer experience, make the bank more efficient and enable its growth priorities. The Global Ventures, Digital Innovation & Partnership group seeks to improve upon HSBC’s approach to innovation by building on foundational capabilities, further scaling existing projects, and applying VC-like commercial discipline to the bank's technology investments.

The Global Ventures, Innovation, and Partnerships team helps to accelerate the development of digital products and services in the bank's key markets, spread across four services:

  • Open: Testing and developing new ideas
  • Catalyst: Supporting projects and ideas to scale
  • Invest: Investing in early-stage technology
  • Accel: Demonstrating new ways of working

During the program, students will conduct research about potential banking solutions using Web3 technology and design a product demonstrating how technology can help HSBC build the bank of the future for its customers.

Externs Will

Through the externship, you will have a chance to research, ideate, and develop a product plan with mockups of a banking solution based on Web3 technology. 

Your mission is to reimagine what customers will want next, or how we can improve the way a bank operates, and then prototype these new solutions.

Externs will bridge the gap between technology and business because they understand both the business value of the technology and the technology itself. Breaking down the monolithic structure of banks will enable HSBC to re-imagine its capabilities and processes to deliver innovative products and experiences.

This unique opportunity focuses on the discovery portion of product development. Your goal as an extern will be to understand HSBC’s needs as a bank, familiarize yourself with blockchain / Web3 technology, and ultimately propose new products or strategic initiatives for HSBC.

  • Develop an understanding of different verticals/business units within the consumer banking sector, specifically within HSBC
  • Research blockchain technology and the fintech space to understand the potential benefits and applications for innovative disruptive solutions
  • Learn and implement the product development cycle including persona development, ideation, competitive research, user journeys, and product requirement planning
  • Plan and present a novel solution that disrupts traditional finance and banking using Web3, DeFi, or some other innovative technology solution


We are seeking ambitious bootcamp, undergrad and graduate students and recent grads with a passion for Web3, product, and finance. This program is perfect for students who would be excited to imagine the bank of the future leveraging Web3. This is a global program and applications are open to students from all over the world.


  • Familiarity with Web3 (experience building / using OR strong interest)
  • Familiarity with banking (coursework in econ/finance OR general experience in/understanding of financial industry)
  • Interest in product development OR starting your own company/crypto protocol
  • A passion for solving challenging problems and delivering great user experiences
  • Excellent communication and presentation skills
  • A willingness to work in a fast-paced environment

HSBC was born from one simple idea – a local bank serving international needs. In March 1865, HSBC opened its doors for business in Hong Kong, helping to finance trade between Europe and Asia. Today, HSBC serves around 40 million personal, wealth, and corporate customers worldwide in 64 countries and territories. Inspired by its purpose - Opening up a world of opportunity - HSBC uses its unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for its customers. The bank is bringing together the people, ideas, and capital that nurtures progress and growth, helping to create a better world – for customers, employees, investors, communities, and the planet. The bank has weathered change in all forms – revolutions, economic crises, new technologies – and adapted to survive. The resulting corporate character enables HSBC to meet the challenges of the 21st century.

Meet Past Externs

Meet Past Students

"My externship with HP was a great example of how a single experience can change the course of a career. After my externship, I started getting interviews, and I started seeing my resume downloaded by recruiters. People called and said they wanted to learn more about the HP Tech Ventures Externship. It was something they’d never seen before, and they wanted to know more. Leveraging this experience has helped me in more ways than I can count, and now I am a summer analyst at an investment bank!"

Dawit Teshome
now interns @Windsor capital, llc

"I found myself as a recent graduate with no idea what I wanted to do with my life. Paragon One offered an exciting opportunity to explore and work with real-world companies alongside a cohort of like-minded individuals. The most significant benefit as an extern is the flexibility for career discovery. As someone who had almost no industry exposure, I had the chance to build my understanding of the marketing industry by researching ad-tech solutions and presenting my findings to the Facebook team."

Valerie Fong
NOW WORKS @Empire lakes productions

“I really want to emphasize that Paragon One offers many opportunities not just in social media and marketing but in finance, accounting, more. These unique and tailored experiences are a great way to not only develop in areas of your own interests but to also expand your knowledge in general. And they're easily accessible. Really anyone can do it. I did it. So I want to emphasize that the possibilities are there and to just go for them.”

Isabella DeIulis

“I believe business and tech together have a transformative power to do good with high impact. That’s why I was so excited to get into the Paragon One Facebook Remote Externship program. It was a structured, intentional experience, and I got to enhance skills like market research, communicating to a strategic audience, and putting together insights in an easily digestible way.”

Jose Medina

“I feel like a lot of people say diversity matters, but they don’t show it. This opportunity definitely showed it. I met people from all over the world with different backgrounds, who had similar interests to me. I don't think I would have ever had the chance to do a project with a company like Facebook outside of this. With this experience being through Paragon One and their connection to my university, it felt so much more accessible to me and not like a far off unattainable goal.”

McKenzie Templeton
NOW WORKS @Johnson city chamber of commerce

“There was mentorship and structure, but the people overseeing us didn’t force their ideas on us. I really liked the frank discussions at the weekly meetings and how the Facebook staff we interacted with showed genuine interest in our futures.”

Ryan Baladez
Application Process

After sending in your application, we'll reach out if we think you're a good fit. You'll send in a "Get to Know You" video and then participate in a live interview.

Week 1: Onboarding

During the first week of the program, you'll be setting goals for what you want to achieve in the upcoming weeks and familiarizing yourself with the industry, our platform, and your cohort.

Weeks 2-5: Research & Analysis

During the regular programming of the Externship, you will receive training and complete projects through our student platform. These exciting weeks are filled with weekly meetings, company meetings, student-led workshops, and virtual events like speaker series and networking sessions.

Present to Host Company

Top students will be selected to present their projects and findings to company leads and other senior leadership.

Here's how a Remote Externship works
Here's how a Remote Practicum works

We partner with leading brands to curate six to eight week programs designed for student success. By dedicating 10 hours a week, you’ll receive training, work on real problems, and network with professionals — all from the comfort of your own home.

View All Externships
Got questions?
We've got answers.
Is the externship with Paragon One or the Host Company?

Paragon One co-creates externship experiences with each hosting company – the outcomes, the training, the meeting agendas – it’s carefully crafted by both companies. The Paragon One team will manage your Weekly Meetings, Company Meetings, and additional support and feedback. You will meet with your host company, receive feedback from them, present your findings to them, and receive other opportunities to connect with them through out the program.

How long/how much time does the externship take?

All externships take 10-15 hours each week to be successful in the program. This encompasses the time spent learning and completing training, researching, and attending meetings. All externships are 6-8 weeks long. Be sure to check each program for its duration.

How are students able to network with representatives from Host Companies?

Like in professional roles, all your interactions with a company are networking. Networking is about building relationships and trust. Each Company Meeting is an opportunity to impress them and increase their perception of you as an extern. After you complete the program, we compile all the information about you and your work and share it with Host Companies so they can review students and reach out, respectively. Top students get additional opportunities to present their work and have follow-up discussions with company leads.

Can I use the externship for Class Credit?

Yes, you can. Remember that credit-bearing policies vary from institution to institution, so while we can support you to receive credit, you will want to check with your advisor or dean for approval first.