Asia's young professionals often have strong income, but thin credit files.
Zed is solving this by building a modern credit card and financial platform tailored for millennials and Gen Z across the Philippines and beyond.
Co‑founders Steve Abraham and Danielle Cojuangco Abraham spent three years securing a financial institution licence and building underwriting models using transaction history and alternative data. Zed's first card offers zero FX fees, single‑use virtual numbers and P2P payments. The business collects interchange and interest.
In December the company raised $16.5M Series A led by Accel, bringing total funding to $22.5M, and has nearly 200,000 people on its waitlist. Monthly gross merchandise value has grown 500% since early 2025 and the team numbers just 13 employees.
With expansion planned across Asia‑Pacific, can Zed become the AmEx for a new generation?
#fintechoftheday #creditcard #APAC
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