Startup Name: Cheqly
Tagline: A Full-stack Neobank for Startups
Elevator Pitch: Cheqly is a full stack neobank for startups and SMEs offering business accounts remotely and 100% online. Cheqly features include:
Same-day business account opening
No monthly or annual account fee
No minimum balance
Easy and fast domestic and international wires
VISA debit card – physical & virtual cards available
USD currency
$250,000 – FDIC-insured accounts
Target Market: Small business
How will you make money?: Cheqly generates revenue from various sources, including interchange fees from debit card transactions, a percentage of interest earned on deposits, and conversion fees for international money transfers.
How much capital have you raised?: 250-500k
Founder(s) Name: Tomas Milar
Website: https://cheqly.com
Twitter: Cheqly_com
City/Country: San Francisco, USA
AceRound AI - AI interview copilot for real-time guidance and mock interview practice