CheqUPI

India's first UPI wallet for foreign nationals and NRIs

Bengaluru, India · Founded 2021 · $13.3M raised

Headquarters
Bengaluru
Employees
11–50
Founded
2021
Business Model
B2C
Total Funding
$13.3M
Last Round
$5.3M Convertible NoteOct 2022
Rounds
2

About

Cheq is a modern UPI payments app for NRIs and international citizens visiting India. Using Cheq, you can pay digitally at over 55mn+ merchants across India. We help tourists avoid ATMs and minimize their foreign exchange costs while in India.

Summary

CheqUPI is a Fintech company based in Bengaluru, India, founded in 2021. It has raised $13.3M in total across 2 rounds, most recently a $5.3M Convertible Note round in Oct 2022. Investors include WestRiver Group.

Tech & App Stack

9 technologies & apps tracked

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Funding History

ConvertibleConvertible NoteOct 2022
$5.3M

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Seed through Convertible Note — per-round amounts, valuations, and who invested in each round.

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