Philippine fintech startup Zed has raised $16.5 million in fresh funding, marking a significant milestone as the company looks to expand its credit card offerings and strengthen its presence in Southeast Asia’s fast-growing digital finance market.
Funding Round Details
The latest investment round was led by a group of international and regional investors, reflecting growing confidence in Zed’s business model. The company said the funds will be used to scale operations, enhance technology infrastructure, and broaden customer acquisition.
Zed aims to address gaps in credit access by offering digital-first card solutions tailored to underserved consumers.
Rising Fintech Momentum in the Philippines
The Philippines has emerged as a key growth market for fintech, driven by high smartphone usage and increasing demand for alternative financial services. Startups like Zed are capitalising on this trend by providing simplified credit products and user-friendly platforms.
Analysts say digital credit solutions are gaining traction as traditional banking penetration remains limited.
Zed’s Product Focus
Zed offers a credit card platform designed to be accessible and transparent, with features aimed at improving financial inclusion. The startup said it prioritises responsible lending and data-driven risk assessment.
The Philippine fintech space has become increasingly competitive, with both local startups and global players vying for market share.
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