Fundz

Zed secured $6m in funding to introduce pioneering “no-fee” credit card.

PRIVATEMar 20, 2024

Amount Raised

$6 Million

Round Type

Funding Round

San FranciscoSoftwareFinance

Investors

Valar Ventures

Description

Zed, a credit-led neobank, raised US$6m in funding to launch the country’s first “no-fee” credit card, aimed at democratizing financial services in the Philippines.

Quick answer

Zed raised $6 Million in a Funding Round round, dated March 20, 2024. Investors: Valar Ventures. Zed is based in San Francisco, California, United States.

How much did Zed raise?
Zed raised $6 Million in a Funding Round round on March 20, 2024.
Who invested in Zed?
Valar Ventures is named as investors in this round.
What does Zed do?
Zed is a licensed financial institution regulated by the BSP, offering a modern credit card designed to help the next generation in Southeast Asia build wealth responsibly.
Where is Zed based and how big is it?
Zed is based in San Francisco, California, United States.
Who are the decision-makers at Zed?
Fundz holds 1 contact at Zed, including the Co-founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Software around the same time

Companies in the same sectors as Zed that raised within 45 days of this round, from Fundz verified event records.

  • Streamex Corp. raised $1.1M (Seed) on May 1, 2024.
  • Blend Labs raised $150M (Series A) on April 29, 2024.
  • RAMP raised $156M on April 25, 2024.
  • QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
  • RAMP raised $150M (Series D) on April 22, 2024.
  • Pliant raised $19M (Series A) on April 17, 2024.

Who to call at Zed, and when

A new round usually means Zed is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Zed raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Zed, from your own LinkedIn network

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Company Information

Company

Zed

Location

San Francisco, California, United States

About

Zed is a licensed financial institution regulated by the BSP, offering a modern credit card designed to help the next generation in Southeast Asia build wealth responsibly. With features such as no interest, no foreign transaction fees, and unlimited virtual cards, Zed reimagines how young professionals access and use credit. Built by a team of Stanford-trained engineers with backgrounds in banking, private equity, and leading technology companies, and backed by Valar and experienced fintech operators, Zed is focused on making credit more accessible, fair, and empowering, with teams based in San Francisco and Manila.

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Fundz sees it the moment Zed raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsSteve A., Co-founderSee plans and pricing
Predictive Intelligence
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Zed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.