Philippines-based credit card startup Zed has raised $16.5M in a Series A round led by Silicon Valley-based investor Accel . This marks a key milestone in expanding credit access across the country and the Southeast Asian region. (L-R: Kathryn Vitug , Matthew Bernardo , Steve Abraham , Danielle Cojuangco Abraham , Matthew Steinpreis .) MANILA, Philippines , December 12, 2025 – Zed, the credit card startup reinventing banking for the next generation of Filipinos, today announced it has raised US$16.5 million in Series A funding led by Accel, the top-tier venture capital firm known for backing industry-defining companies like Facebook , Spotify , Slack , and Dropbox . This investment marks a significant milestone for the Philippine startup ecosystem, bringing one of Silicon Valley’s most prestigious investors to the country. Accel joins existing investors Valar Ventures and notable angels including Immad Akhund and Dalton Caldwell , bringing Zed’s total funding to $22.5 million....
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