Bengaluru | June 30, 2026:
Highlights
- Leadership Expansion: Bipin Toro and Vished Banger elevated as Co-Founders.
- Milestone: CheQ achieves full-year profitability and crosses $40M ARR in FY26.
- Roles:
- Bipin Toro → Co-Founder & CTO.
- Vished Banger → Co-Founder & CBO.
- Vision: Expanded founding team to drive innovation, growth, and category leadership.
Announcement
CheQ, India’s leading credit card management platform, has announced the elevation of Bipin Toro and Vished Banger as Co-Founders, recognizing their exceptional contributions since the company’s inception in 2022.
This announcement comes as CheQ closes FY26 with profitability and surpasses $40 million ARR, reflecting the company’s belief that enduring businesses are built by leaders with ownership, long-term commitment, and a founder’s mindset.
Leadership Contributions
- Bipin Toro (Co-Founder & CTO):
- Built CheQ’s technology foundation and engineering culture.
- Developed a scalable, resilient platform serving millions of users.
- Focused on technology excellence, AI, and data-driven innovation.
- Vished Banger (Co-Founder & CBO):
- Architected CheQ’s business strategy, financial management, and operations.
- Established frameworks for responsible scaling and sustainable growth.
- Strengthened strategic partnerships and long-term value creation.
Aditya Soni, Founder & CEO, CheQ: “Building a company is never the work of one individual. Bipin and Vished have been integral to CheQ’s story from the very beginning, shaping culture, technology, and strategy. Their elevation recognizes the impact they’ve already created and the role they will continue to play as we build CheQ for the long term.”
Bipin Toro, Co-Founder & CTO, CheQ: “Technology has always been at the heart of meaningful consumer experiences. We’ve built a robust platform serving millions, and the opportunity ahead lies in leveraging AI and data to make credit more transparent, accessible, and rewarding for every Indian consumer.”
Vished Banger, Co-Founder & CBO, CheQ: “Sustainable businesses require innovation, operational excellence, and long-term thinking. As we enter the next phase, I look forward to driving strategic expansion, strengthening partnerships, and building a category-defining company trusted by consumers.”
About CheQ’s Evolution
Founded with a mission to simplify and improve how Indians engage with credit, CheQ began as a credit card bill payment and rewards platform. Today, it has evolved into a comprehensive credit ecosystem offering:
- Credit card management.
- Credit health insights.
- Premium rewards and redemption.
- Utility bill payments.
- AI-powered credit assistance via Wisor.
- Personal loans and loans against mutual funds.
- UPI payments.
- CheQ AU Credit Card – India’s first LED credit card.
About CheQ
CheQ is India’s leading credit card management platform, helping consumers manage, understand, and maximize their credit.
- Originated as India’s most rewarding credit card bill payment app.
- Expanded into a unified credit ecosystem with CheQ Wallet, Wisor AI expert, CheQ Insta Cash lending solutions, and UPI payments.
- Building India’s most trusted destination for everything credit.
🌐 Learn more: www.cheq.one
