Zed raised $16.5 million in Series A funding. Accel led it from Palo Alto. Total funding hits $22.5 million. This follows a $6 million seed in 2021. The Philippines startup targets young professionals in Asia-Pacific.

Accel backs Zed’s credit cards for those banks reject. Founders saw the need on a trip. Young lawyers and grads lack cards despite good jobs. Zed uses data like cash flows and spending for risk checks, not just age-based scores.

The funds help expand in APAC like Vietnam, Indonesia, Malaysia, India. Long-term, global reach. The card has zero FX fees, single-use options, and easy P2P sends. Waitlist has 200,000 from word of mouth. Customer base grew 10x, spend 500% in 2025. Revenue from fees and interest.

Steve Abraham and Danielle Cojuangco Abraham, co-founders and co-CEOs, said banks miss prime young users. They built compliance and ops for a Central Bank license. Launched mid-2024. Accel’s Nafis Jamal said few have credit in fast-growing Philippines. He praised the team’s tech, local know-how, and execution.

Zed builds credit products for young professionals in Asia-Pacific. It serves the Philippines now with plans for more APAC countries. The startup uses alternative data to underwrite for stable jobs and spending habits.

Atomic Insights has raised $10 million in seed funding as it looks to scale its payment and treasury platform for wealth managers. The round was led by Aquiline, with participation from Northwestern Mutual Future Ventures and existing investors.

Founded in 2023, Atomic Insights focuses on the messy back office work behind money movement. Many RIAs and family offices now handle bill pay, capital calls, and other payments, but still rely on emails, spreadsheets, and custodian portals to get it done.

Atomic Insights pulls those workflows into one system. It captures payment requests, routes approvals, and executes transactions by connecting directly to banks and custodians through real-time APIs. The company says this reduces manual work and lowers the risk of errors. It also helps firms offer “family CFO” services without adding more staff.

Atomic Insights integrates with platforms like Addepar, Arch, Canoe, and Salesforce, along with major custodians. Over the past year, it has signed anchor RIA and family office clients representing more than $75 billion in assets on the platform. With the new capital, the startup plans to deepen its custodian connections, improve cash flow reporting, and roll out new products for wealth managers.

Knight FinTech has closed a USD 23.6 million Series A round. The investment was completed through multiple tranches. Accel led the round. New investors IIFL and Rocket Capital participated. Existing backers Prime Venture Partners, 3one4 Capital, Commerce VC, and Trifecta Capital also joined.

The company plans to use the capital to speed up product innovation and expand into the Middle East and Asia-Pacific regions. Part of the money will go toward growing its AI-based offerings, including risk intelligence, automated credit underwriting, fraud detection, portfolio monitoring, and debt recovery tools.

Kushal Rastogi, co-founder of Knight FinTech, said the company has focused on innovation and putting clients first while building a business with solid unit economics and reliable systems. He added that the platform runs multiple engines, with co-lending and treasury already at large scale and embedded finance and digital lending growing fast.

Knight FinTech provides banking and digital lending infrastructure. It builds platforms for co-lending, digital lending, embedded finance, and treasury management. The company is based in Mumbai and serves banks and non-bank lenders in India.

Global banking software firm Zeta has secured a fresh $50 million investment from a strategic backer. The deal values the company at $2 billion. This marks a sharp jump from its last major funding round in 2021. Back then, Zeta raised $250 million at a pre-money valuation of $1.15 billion. That round was led by SoftBank Vision Fund 2.

Zeta builds core banking and payment software for banks and fintech firms. Its products help institutions launch cards, accounts, loans, and payment services without relying on old systems.

The company says its platform now supports over 25 million customer accounts. More accounts are expected to go live soon through existing client contracts. Zeta works with large banks and regulated financial firms across markets. Its clients include HDFC Bank, corporate benefits provider Pluxee, and US-based card issuer Sparrow Financial.

The funding comes at a time when banking tech firms are under pressure to show scale and long-term clients. Zeta appears to be betting on deep enterprise contracts rather than fast consumer growth.

Parametrix raised $27 million in Series B funding. Mundi Ventures, FirstMark Capital, and Hannover Digital Investments led the round. Hannover Digital is the venture arm of HDI Group. F2 Venture Capital and some strategic investors also joined. This brings total funding to $45 million.
The investors back Parametrix for its insurance on digital disruptions. The company covers losses from SaaS outages, SLA breaches, and cloud issues. Luis Viñas from Mundi Ventures said it redefines insurance for digital times. Amish Jani from FirstMark Capital said it fits with AI changes in digital setups.

Part of the news includes a new product. It’s called CyberPMX. This adds parametric protection to standard cyber policies. It helps businesses handle downtime financially.
Jonathan Hatzor, CEO of Parametrix, said they insure the digital backbone for AI. Their solutions grow fast as data centers and companies need uptime protection. The funding lets them speed up and work more with big operators.

Parametrix offers parametric insurance for digital business interruption. It works for companies hit by tech downtime from over 7,000 cloud providers. Payments trigger automatically on verified events. The firm started in 2018 and is a Lloyd’s Coverholder. It operates globally.

Crown raised $13.5 million in Series A funding. Paradigm led the round. This is Paradigm’s first deal in Brazil. The investment values Crown at nearly $90 million. It follows an $8.1 million seed led by Framework Ventures with Valor Capital Group, Coinbase Ventures, Paxos, and Nubank co-founder Edward Wible.

Paradigm backs Crown’s BRLV stablecoin pegged to the Brazilian real. It’s backed by liquid government bonds for safety. The coin has R$360 million in subscriptions from institutions. Crown calls it the largest emerging market stablecoin.
The funds speed growth and adoption of BRLV for firms, funds, and big users. It offers liquidity like Tether or Circle.

No direct comments from Crown executives or investors in the source. Edward Wible from Nubank joins the board from the seed.
Crown builds a Brazilian real stablecoin for institutions. BRLV targets corporations and funds in Latin America. The Brazil-based fintech focuses on secure digital assets compliant with regs.

Mannjal closed INR 17.5 crore in a seed round. The deal was led by Arali Ventures and B Capital. Sparrow Capital and Gemba Capital also took part. The cash will help push product work faster and add more lenders to the network.

Mannjal runs a full-stack lending platform. It gives financial institutions tools to offer priority-sector and impact-linked loans. The platform handles loan origination, field work, and decisions based on data.

The company is based in Bengaluru and started in 2023. Over the last 18 months, it has helped with around INR 1000 crore in disbursements through more than 75 lenders.