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Cheq Analysis: $0.5M Raised

What is Cheq?

Cheq is a digital payment wallet designed specifically for foreign tourists and NRIs in India. It allows users to make cashless payments through the UPI platform, facilitating seamless transactions across millions of merchants. This innovative approach transforms the travel experience by eliminating the need for cash and reducing ATM withdrawal fees.

HQ Country
Bengaluru, India
Employees
11-50
Founded
2021
Industry
FinTech, Payments

Product Features & Capabilities

  • UPI wallet for foreign tourists
  • Instant fund loading from international cards
  • Payment acceptance at over 55 million merchants
  • 30-day money-back guarantee
  • Proactive customer support via phone.

How much Cheq raised

Seed - $500K

Aug 23, 2023
Lead Investor: Y Combinator

Financial Overview

$0.5MTotal Raised
Seed$500K
Aug 23, 2023
Investors: Y Combinator
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