Cheq

London, United Kingdom Founded: 2021 • Age: 5 yrs
Crypto payments are enabled via blockchain with no fees globally.
Annual revenue - Latest available
Total funding $2.0M 1 rounds
Employees 3 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Cheq

Cheq is a company based in London (United Kingdom) founded in 2021. Cheq has raised $2 million across 1 funding round from investors including Semantic Ventures, Firstminute Capital and Connect Ventures. The company has 3 employees as of January 31, 2022. Cheq operates in a competitive market with competitors including ACINQ, Simplex, Januar, CoinPayments and Neutronpay, among others.

  • Headquarter London, United Kingdom
  • Employees 3 as on 31 Jan, 2022
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Legal Name Cheq Payments Limited
  • Date of Incorporation 18 Jan, 2022
  • Jurisdiction ST. ALBANS, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    May 03, 2022

  • Investors
  • Employee Count
    3

    as on Jan 31, 2022

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People of Cheq

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Cameron Butcher
Founding Software Engineer
People
Gideon Ayodele
Founding Product Designer
People
Chris Butcher
Founder & CEO

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Funding Insights of Cheq

Cheq has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $2.0M
  • First Round

    (03 May 2022)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Seed - Cheq Valuation Connect Ventures

Investors in Cheq

Cheq has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Semantic Ventures, Firstminute Capital and Connect Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage investments are managed by this London-based VC firm.
Founded Year Domain Location
Micro venture capital firm focused on seed investments
Founded Year Domain Location
Early-stage investments are made in product-focused companies by Connect Ventures.
Founded Year Domain Location

Investments & Acquisitions by Cheq

Investments

Financial Statements - Cheq

Cheq Comparisons

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Competitors of Cheq

Cheq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ACINQ, Simplex, Januar, CoinPayments and Neutronpay, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Crypto payment solutions are offered to businesses through API integration.
domain founded_year HQ Location
AI-based crypto payments and fraud prevention are provided for businesses.
domain founded_year HQ Location
Financial infrastructure is provided for crypto businesses managing global payments.
domain founded_year HQ Location
Cryptocurrency payments are facilitated through a merchant gateway.
domain founded_year HQ Location
Payment gateway solutions for businesses are provided via Bitcoin Lightning.
domain founded_year HQ Location
Diversified payment acceptance solution for businesses

Latest news on Cheq

Frequently Asked Questions about Cheq

Cheq was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Cheq is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Cheq is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on May 03, 2022.

As of Jan 31, 2022, the latest employee count at Cheq is 3.

Cheq was founded in 2021 in London, United Kingdom. A blockchain-based platform is operated to deliver crypto-focused payment solutions within the fintech sector. Users are allowed to pay and receive cryptocurrency without transaction fees. Payments in crypto are accepted from any global region. Stablecoins including USDC, USDT, and DAI are employed for these transactions.

Cheq's top competitors include Simplex, ACINQ and CoinPayments.

Cheq has 4 investors. Key investors include Semantic Ventures, Firstminute Capital, Connect Ventures, and Mike Hudack.

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