CheQ, India’s leading credit card management platform, has announced the elevation of Bipin Toro and Vished Banger as Co-Founders. The move recognizes their instrumental contributions to building and scaling the company since its inception in 2022.
The announcement comes at a pivotal moment for CheQ, as the company closed FY26 with full-year profitability and surpassed $40 million in annual recurring revenue (ARR). This milestone underscores the platform’s rapid growth and the leadership team’s commitment to long-term value creation.
Since joining in CheQ’s early days, Toro and Banger have played key roles in transforming the startup from an ambitious vision into one of India’s fastest-growing consumer credit platforms. Toro, now Co-Founder & CTO, has been central to building CheQ’s technology foundation and engineering culture, developing a scalable platform that serves millions of users. Banger, elevated to Co-Founder & CBO, has been a key architect of the company’s business strategy, financial management, and operational excellence.
Aditya Soni, Founder and CEO of CheQ, said: “Building a company is never the work of one individual. Bipin and Vished have been an integral part of CheQ’s story from the very beginning, helping build the foundation of the company, shape its culture, and contribute meaningfully to every major milestone. Their elevation to Co-Founder recognizes the impact they have already created and the important role they will continue to play.”
Bipin Toro commented: “Technology has always been at the heart of creating meaningful consumer experiences. Over the last few years, we have built a robust and scalable platform capable of serving millions of users. What excites me most is leveraging technology, AI, and data to make credit more transparent, accessible, and rewarding for every Indian consumer.”
Vished Banger added: “Building a sustainable business requires a balance of innovation, operational excellence, and long-term thinking. As we enter the next phase of growth, I am excited to continue driving strategic expansion, strengthening partnerships, and building a category-defining company that consumers trust.”
Founded with a mission to simplify credit engagement in India, CheQ started as a credit card bill payment and rewards platform. It has since evolved into a comprehensive credit ecosystem offering credit card management, credit health insights, premium rewards, utility bill payments, AI-powered assistance via Wisor, personal loans, loans against mutual funds, UPI payments, and the CheQ AU Credit Card—India’s first LED credit card.
With an expanded founding team and strong business momentum, CheQ is poised for its next phase of innovation, scale, and product expansion, aiming to become India’s most trusted destination for everything credit.