Zed, a credit-led neobank, announced today it has received its Certificate of Authority to Operate as a standalone credit card issuer from the Bangko Sentral ng Pilipinas (BSP).
"Our BSP license makes us the first Philippine neobank to offer credit cards as a standalone issuer," said Danielle Cojuangco Abraham, "This independence and our foundation as a technology company means we can rapidly and continuously improve our product, unconstrained by legacy systems.”
