Chqbook
Chqbook is an India-based neobank offering digital account openings, lending, and insurance products to small business owners through a self-serve online platform, headquartered in Gurugram and Bengaluru.
- Company typePrivate
- Founded2019
- HeadquartersGurugram, India
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
Chqbook firmographics
Firmographics- Name
- Chqbook
- Legal name
- Chqbook
- Website
- https://chqbook.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Chqbook is an India-based neobank offering digital account openings, lending, and insurance products to small business owners through a self-serve online platform, headquartered in Gurugram and Bengaluru.
- Ownership category
- akta.pro rank
Chqbook industry classification
Industry- Product category
- Neobank / Small Business Digital Banking
- NAICS
- Software Publishers (5132)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Neobank Core Platform (Retail/SME Digital Bank) (FSAGAAAA)
- akta.pro secondary industries
- SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)
Keywords
Where Chqbook is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Chqbook business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Marketing or Sales, Personnel, Operations
Revenue model
- Lending Services: The company generates revenue through lending to small business owners, with plans to lend over Rs 30,000 crore to serve millions of customers.
- Account Opening Services: Revenue from facilitating digital account openings for small business customers.
- Insurance Coverage: Insurance products offered to small business owners as part of the neobank platform.
Go-to-market motion1 record
Distribution channels1 record
Chqbook product offering
Product offeringCore offering
Chqbook operates a neobank platform for small business owners in India, enabling digital account openings, lending services, and insurance coverage through a self-serve digital interface. The company focuses on user acquisition through technology enhancement and plans to expand its customer base across India.
Differentiator
Problem solved
Functional benefit
Products and services
- Neobank Platform for Small Business Owners
Quantifiable outcome
- Target to lend over Rs 30,000 crore to small business customers
- +1 more outcomes
Companies that use Chqbook
Customer profileSegments1 record
Ideal customer profiles1 record
Chqbook technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Chqbook partnerships and signals
Strategic signalScale indicators4 records
Chqbook competitors and assessment
Company assessmentEmerging players
- Indifi Technologies: Indifi is an Indian SMB lending platform offering credit to small businesses through partner NBFCs and banks. It is comparable to Chqbook's lending focus on underserved SMBs, though primarily a credit marketplace rather than a full-stack neobank.
Direct peers
- Niyo: Niyo is an Indian digital banking platform offering salary and business accounts with lending and insurance products, comparable to Chqbook's SMB-focused neobank offering.
- Fi Money: Fi Money is an Indian consumer and SMB-focused neobank providing digital accounts, lending, and money management. It is listed alongside Chqbook in the top 10 Indian neobanks and overlaps in the SMB segment.
- FamPay: FamPay is an Indian neobank targeting teens and young users, listed among the same top-10 Indian neobanks. While more consumer-focused, it competes in the same digital-first neobanking product category.
- RazorpayX: RazorpayX is the business banking arm of Razorpay, providing current accounts, payouts, and lending to Indian SMBs. It targets the same customer segment as Chqbook with a similar product-led, self-serve digital platform.
- Open (Open Financial Technologies): Open is an Indian SMB-focused neobank offering business accounts, payments, lending, and expense management to small businesses. It directly competes with Chqbook for the same SMB digital-banking segment in India.
- Jupiter: Jupiter is one of India's leading consumer-first neobanks that has expanded into SMB banking, directly overlapping with Chqbook's value proposition and listed among the same top-10 Indian neobanks.
- InstantPay: InstantPay is an Indian fintech serving small businesses and retailers with digital payments, banking, and lending products. It competes in the same underserved SMB financial-services segment targeted by Chqbook.
- Freo: Freo (formerly Freo Pay) is an Indian consumer and SMB digital banking app offering credit, payments, and savings products. It is listed in the same top-10 Indian neobanks grouping and competes for digital-first financial customers.
Broad incumbents
- Lendingkart: Lendingkart is an established Indian NBFC providing working capital and term loans to small businesses. It overlaps with Chqbook's lending offering to SMBs, though with a more traditional, broader-portfolio model.
Market position
Customer concentration
Chqbook social profiles
Digital presenceChqbook financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chqbook leadership team
Management profileNumber of profiles
Profiles4 records
Chqbook funding detail
Funding detailFunding overview
Funding rounds6 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chqbook M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Chqbook
What does Chqbook do?
Chqbook operates a neobank platform for small business owners in India, enabling digital account openings, lending services, and insurance coverage through a self-serve digital interface. The company focuses on user acquisition through technology enhancement and plans to expand its customer base across India.
Is Chqbook a public or private company?
Chqbook is a private company. It is classified as venture growth investor backed and is currently operating.
When was Chqbook founded?
Chqbook was founded in 2019. It employs 251 to 500 people.
Where is Chqbook based?
Chqbook is headquartered in Gurugram, India, in the Asia region.
How does Chqbook make money?
Three revenue lines are on record. Lending Services are the primary driver. The others are account Opening Services and insurance Coverage.
Who are Chqbook's main competitors?
Indifi Technologies is listed as an emerging player. Direct peers are Niyo, Fi Money, FamPay, RazorpayX, Open (Open Financial Technologies), Jupiter, InstantPay and Freo. Lendingkart is listed as a broad incumbent.
Does Chqbook have an API?
No public API is recorded for Chqbook.
What industry is Chqbook in?
Chqbook's product category is Neobank / Small Business Digital Banking. Its primary akta.pro industry code is FSAGAAAA, Neobank Core Platform (Retail/SME Digital Bank), with a secondary code of FSAGAAAI, SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations). Its NAICS code is 5132 and its SIC code is 6199.