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 to building and scaling the company since its inception in the year 2022.
The announcement comes at a significant 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 pivotal role in transforming CheQ from an ambitious vision into one of India’s fastest-growing consumer credit platforms. Their leadership has been instrumental in shaping the company’s technology, operations, business strategy, culture, and long-term 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 scalable and resilient platform that serves millions of users while enabling rapid 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 key 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 responsibly while maintaining a strong focus on sustainable growth, strategic partnerships, and long-term value creation. Vished will be taking charge as Co-founder & CBO (Chief Business Officer).
Commenting on the development, Mr. 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.”
Speaking on the new role, Mr. 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.”
Mr. Vished Banger, Co-Founder & CBO, CheQ, added, “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.”
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 comprehensive 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, India’s first LED credit card, rewarding every side of modern consumer.
With an expanded founding team and strong business momentum, CheQ is entering its next phase of growth with a renewed focus on innovation, scale, product expansion, and building India’s most trusted destination for everything credit.
