CheQ, the credit card management platform, announces the elevation of Bipin Toro and Vished Banger as Co-Founders, recognizing their contributions to building and scaling the company since its inception in the year 2022.
The announcement comes at a moment in CheQ’s growth journey as the company closes FY26 with full-year profitability and surpasses $40 million in annual recurring revenue (ARR). The move reflects CheQ’s belief that enduring companies are built by leaders who consistently demonstrate ownership, long-term commitment, and a founder’s mindset.
Since joining the company in its early stages, Bipin and Vished have played a role in transforming CheQ from a vision into a consumer credit platform. Their leadership has been in shaping the company’s technology, operations, business strategy, culture, and growth trajectory.
As the leader of Engineering, Bipin Toro has been central to building CheQ’s technology foundation, product infrastructure, and engineering culture. He has led the development of a platform that serves millions of users while enabling innovation across products and customer experiences. His focus on technology excellence has helped create the foundation for CheQ’s continued expansion and product diversification. He has been elevated as Co-founder & CTO (Chief Technology Officer) at brand.
Vished Banger has been a architect of CheQ’s business strategy, financial management, operational excellence, and organizational development. His leadership has helped establish the frameworks required to scale the business while maintaining a focus on sustainable growth, strategic partnerships, and value creation. Vished will be taking charge as Co-founder & CBO (Chief Business Officer).
Aditya Soni, Founder and CEO, CheQ said, “Building a company is never the work of one individual. It is the result of leaders who take ownership, make difficult decisions, and remain deeply committed to the mission through every stage of the journey. 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 we have achieved.
“Their elevation to Co-Founder recognizes the impact they have already created and the important role they will continue to play as we build CheQ for the long term,” Soni said.
Bipin Toro, Co-Founder & CTO, CheQ said, “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 while continuously introducing products that simplify credit management.
“What excites me most is the opportunity ahead—leveraging technology, AI, and data to make credit more transparent, accessible, and rewarding for every Indian consumer. I am grateful for the trust placed in me and look forward to building the next generation of credit experiences at CheQ,” Toro said.
Vished Banger, Co-Founder & CBO, CheQ said, “Building a sustainable business requires a balance of innovation, operational excellence, and long-term thinking. Over the years, we have focused on creating strong foundations that allow CheQ to scale responsibly while delivering meaningful value to consumers.
“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 with every aspect of their credit journey,” Banger added.
Founded with a mission to simplify and improve the way Indians engage with credit, CheQ started as a platform for credit card bill payments and rewards. Since then, the company has evolved into a credit ecosystem offering credit card management, credit health insights, premium rewards and redemption, utility bill payments, AI powered credit assistance through Wisor, personal loans, loans against mutual funds, and most recently, UPI payments and the CheQ AU Credit Card, credit card, rewarding every side of modern consumer.
With an expanded founding team and business momentum, CheQ is entering its next phase of growth with a focus on innovation, scale, product expansion, and building a destination for everything credit.
