How much funding has Zed raised?

Zed has raised $22.5M in total funding. Their latest funding round was Series A. Key investors include Accel, Valar Ventures, Immad Akhund (Mercury), Dalton Caldwell, Kunal Shah (Cred).

Where is Zed headquartered?

Zed is headquartered in Manila, Philippines. The company has a team of 11-50 people.

When was Zed founded?

Zed was founded in 2021. It is based in Manila, Philippines.

Who is the CEO of Zed?

Danielle Cojuangco Abraham is the CEO of Zed. The company was founded in 2021.

Where is Zed located?

Zed is headquartered in Manila, Philippines.

What funding stage is Zed at?

Zed is currently at the Early Stage stage.

How many employees does Zed have?

Zed has approximately 11-50 employees.

Zed

Category: AI in Fintech

A BSP-licensed, credit-led neobank in the Philippines offering an AI-underwritten Mastercard with no annual fees, zero FX fees, virtual cards, and modern repayment options (including USDC) for young professionals. Zed was founded in 2021. The company is led by Danielle Cojuangco Abraham. Based in Manila, Philippines. Team size: 11-50. Total funding raised: $22.5M. Latest round: Series A. Key investors include Accel, Valar Ventures, Immad Akhund (Mercury), Dalton Caldwell, Kunal Shah (Cred).

Founded: 2021
Headquarters: Manila, Philippines
Team size: 11-50
Total funding: $22.5M

Value proposition

Provides a modern credit card with no annual fees and zero foreign transaction fees/FX markup, AI-driven underwriting on income and alternative data rather than bureau scores alone, unlimited virtual cards, and interest-free use when the full balance is paid by the due date (interest and fixed-rate installments apply otherwise).

Products and solutions

Zed Titanium Mastercard (physical + unlimited virtual cards), Zed iOS & Android app (spend controls, statements, Google Pay), Proprietary AI / foundation-model underwriting engine, In-app installments (fixed monthly rate, transparent terms), Peer-to-peer payments on credit / QR Ph repayment, USDC stablecoin statement repayment

Unique value

Zed is a BSP-supervised financial institution and among the first Philippine standalone credit card issuers, operating without a traditional partner bank. It pairs AI underwriting for credit-invisible young professionals with no annual fees, zero FX fees, virtual cards, and region-first features such as USDC statement repayment.

Target customer

Young professionals, Gen Z, and 'credit-invisible' individuals in the Philippines who possess stable income but lack the formal credit history required by traditional banks.

Industries served

Fintech, Consumer Finance, Banking, Artificial Intelligence

Technology advantage

Replaces traditional credit bureau reliance with a proprietary AI model that analyzes alternative data points (e.g., cash flow, employment data, and transaction behavior) to assess risk more accurately for the unbanked/underbanked population.

How they differentiate

Zed differentiates with BSP standalone credit-card issuer licensing, AI underwriting on alternative data for thin-file young professionals, no annual fees and zero FX fees/markup, unlimited virtual cards with real-time controls, P2P-on-credit, and USDC balance repayment—rather than a pure always-0% interest model.

Main competitors

Maya (formerly PayMaya), GCash (G-Credit), Atome

Key partnerships

Mastercard (Global payment network partner), Bangko Sentral ng Pilipinas (Regulatory licensing / FI supervision), Accel (Series A lead), Valar Ventures (Seed lead), Google Pay (contactless payments)

Notable customers

Gen Z professionals, Tech-savvy young adults, First-time credit card holders

Major milestones

Founded 2021; $6M seed led by Valar Ventures (Mar 2021), Received BSP Financial Institution / credit card issuer licensing and launched invite-only Zed Titanium Mastercard (2024), Closed $16.5M Series A led by Accel (Dec 2025); total funding $22.5M, Waitlist reached ~200k; launched USDC balance repayments (Jan 2026), Launched Android app nationwide and Google Pay support (Feb 2026 / late 2025)

Growth metrics

Waitlist nearly 200,000 (word-of-mouth); customer base ~10x and monthly GMV ~500% growth through 2025 while still largely invite-only; ~13 employees across Manila (ops) and San Francisco (product/engineering); Android app launch Feb 2026 opened access to most of waitlist.

Market positioning

A premium, tech-first neobank disruptor targeting Gen Z and young professionals who are 'credit-invisible' to traditional banks.

Geographic focus

Philippines

Patents and IP

No registered patents disclosed; relies on proprietary machine learning algorithms and trade secrets for credit scoring.

About Danielle Cojuangco Abraham

Danielle Cojuangco Abraham is Co-Founder (and Co-CEO) of Zed. She grew up in the Philippines and built her career as a product design leader at early-stage Silicon Valley fintech and healthcare startups. Before Zed she co-founded Symple, a mobile B2B payments network backed by Y Combinator and later acquired by Feather; she also held VP of Design roles at Cricket Health and Proteus Digital Health. She holds a B.S. in Engineering Product Design from Stanford and an M.F.A. in Design from California College of the Arts.

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Official website: https://www.zed.co/