Founded in December 2021, Cheq provides a user-friendly payments layer that allows businesses to accept cryptocurrency—specifically USD-pegged stablecoins—without exposing either merchants or customers to price volatility. The platform links directly to any crypto wallet and instantly generates payment links that can be embedded on websites or shared via social media, enabling one-click checkout. Cheq supports transactions on Ethereum, Binance Smart Chain, and Polygon, and targets SaaS companies and international freelancers who want to avoid high card fees and cross-border frictions. By mimicking the clean UX of modern neobanks, the company hopes to make crypto payments accessible to the mass market and particularly valuable in emerging economies with unreliable traditional payment rails. The startup positions stablecoins as a low-cost, borderless alternative to card networks while maintaining the familiarity of conventional online payments. Cheq’s $2 million pre-seed funding provides the capital to further develop its product and establish itself as a primary option for stablecoin payments.

Total raised

$8M

Funding rounds

2

Latest round

Seed

Latest activity

Jun 2022