CheQ has elevated Bipin Toro and Vished Banger as Co-Founders, recognising their contributions to the company’s growth since its launch in 2022. Bipin Toro has taken on the role of Co-Founder and Chief Technology Officer (CTO), while Vished Banger has assumed the position of Co-Founder and Chief Business Officer (CBO).
The announcement has followed CheQ’s achievement of full-year profitability and its crossing of $40 million in annual recurring revenue (ARR) in FY26. The company has expanded its founding team as it enters its next phase of growth.
As Head of Engineering, Bipin Toro has led the development of CheQ’s technology platform, product infrastructure and engineering operations. He has overseen the creation of a scalable platform that has supported millions of users and enabled the rollout of new products and customer experiences.
Vished Banger has led the company’s business strategy, financial management and operational functions. He has played a role in developing the operational framework required to support the company’s expansion while focusing on long-term growth and strategic partnerships.
Founded in 2022, CheQ has started as a platform for credit card bill payments and rewards. Since then, it has expanded its offerings to include credit card management, credit health insights, rewards and redemption, utility bill payments, AI-powered credit assistance through Wisor, personal loans, loans against mutual funds, UPI payments and the CheQ AU Credit Card.
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.”
Bipin Toro, Co-Founder and 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.”
Vished Banger, Co-Founder and 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.”
