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CheQ - About the company

CheQ is a seed company based in Bengaluru (India), founded in 2022 by Aditya Soni. It operates as a Provider of digital credit card bill payment and management services. CheQ has raised $17.8M in funding from investors like 3one4 Capital, Y Combinator and Sherpalo Ventures, with a current valuation of $*****. The company has 489 active competitors, including 32 funded and 17 that have exited. Its top competitors include companies like CRED, Fawry and Doxo.

Company Details

Provider of digital credit card bill payment and management services. This application enables users to track credit card balances, monitor spending, and settle outstanding bills. It includes features for managing utility payments, accessing credit score insights, and utilizing a digital wallet for financial transactions. The service provides tools for monitoring credit card usage and offers options for obtaining loans against mutual funds. Security measures include data encryption and adherence to financial regulatory standards for processing payments.
Website
cheq.one
Social
XFacebook
Email ID
*****@cheq.one
Registered Address
D-254, Regal Garden, Sector 90, Gurgaon, Gurgaon, Haryana, India, 122001
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$17.8M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 18, 2024
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
101 as on Apr 30, 2026
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CheQ's funding and investors

CheQ has raised a total funding of $17.8M over 4 rounds. Its first funding round was on Mar 12, 2022. Its latest funding round was a Seed round on Jun 18, 2024 for $*****. 4 investors participated in its latest round. CheQ has 9 institutional investors and 25 angel investors.

Here is the list of recent funding rounds of CheQ:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 18, 2024
8434058
Seed
2662452
4953387
8107147
7966091
Jan 17, 2024
9796484
Seed
9021111
1121237
2611632
Aug 23, 2023
3242820
Seed
7653087
8750985
9428019
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CheQ's founders and board of directors

Founder? Claim Profile
The founders of CheQ is Aditya Soni. Aditya Soni is the CEO of CheQ.
Here are the details of CheQ's key team members:

CheQ's Board of Directors

CheQ's board has 2 active members. Aditya Soni and Vished Banger are part of team.
Here is the list of CheQ's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 7m
Team
-
Current
4y 7m

CheQ's employee count trend

CheQ has 101 employees as of Apr 26. The total employee count is 4.0% more than what it was in Apr 25. Here is CheQ's employee count trend over the years:
Employee count trend for CheQ
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CheQ's Competitors and alternates

Top competitors of CheQ include CRED, Fawry and Doxo. Here is the list of Top 10 competitors of CheQ, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CRED
CRED
2018, Bengaluru (India), Series H
Provider of financial management tools for credit card bill payments
$1.48B
78/100
2nd
Logo for Fawry
Fawry
2008, Cairo (Egypt), Public
App-based platform for consumer bill payments
$46M
76/100
3rd
Logo for CheQ
CheQ
2022, Bengaluru (India), Seed
Provider of digital credit card bill payment and management services
$17.8M
76/100
4th
Logo for Doxo
Doxo
2008, Seattle (United States), Series C
Provider of mobile app for bill payments
$37M
64/100
5th
Logo for One97 Communications
One97 Communications
2000, Noida (India), Public
Provider of online platform for payments, recharges, financial, and travel services
-
62/100
6th
Logo for AutoPe Payment Solutions
AutoPe Payment Solutions
2006, Gurugram (India), Unfunded
App-based platform for bill payments
-
-
60/100
7th
Logo for WHISH The Money Whiz
WHISH The Money Whiz
2017, Beirut (Lebanon), Unfunded
Online recharge and mobile payment solutions for consumers
-
-
59/100
8th
Logo for Papaya
Papaya
2009, Los Angeles (United States), Series B
App for bill payments
$65M
58/100
9th
Logo for Mobilly
Mobilly
2005, Riga (Latvia), Seed
Payment app for transportation services
$1.2M
57/100
10th
Logo for Khazna
Khazna
2019, Cairo (Egypt), Series A
Digital wallet platform for individuals
$47M
57/100
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CheQ's Investments and acquisitions

CheQ has made no investments or acquisitions yet.

Reports related to CheQ

Here is the latest report on CheQ's sector:

News related to CheQ

lockFilter this list
Media has covered CheQ for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
CheQ Launches Wisor: India's First AI Credit Card ExpertAsian News InternationalJan 22, 2025CheQ
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