startup.bid
EN
EnglishEspañolPortuguêsFrançaisDeutschItalianoNederlandsSvenskaDanskNorskPolskiSlovenščinaTürkçeРусскийBahasa IndonesiaBahasa MelayuFilipinoTiếng ViệtKiswahiliहिन्दीاردوالعربيةעברית日本語한국어中文繁體中文

Cheddar

The Best Mobile Checking Account

Shut down

About

Ditch your bare-bones, high-fee checking account. You deserve free and powerful everyday banking.

Nearly 3 out of 4 millennials would rather go to the dentist than listen to their bank. While it's possible that we just really love our oral hygiene, it's more likely that we don't trust or like our banks.

It's not hard to understand why. Big banks use big budgets and armies of salespeople and marketers to sell old-school products layered with fees and penalties. Their profits increase when we spend more, overuse debt, and make mistakes like overdrafting.

Big banks get away with this because banking is such a vital service. Everyday spending and saving decisions that begin at the checking account ultimately determine whether we'll lead a healthy and secure financial life.

What can be done? Bill Gates believes banks aren't necessary for banking. Millennials believe technology companies can make banking better. So let's build a better bank. Cheddar is a new mobile bank account, debit card, and business model to free the world from underpowered checking accounts and evil banks.

Topics

Team size
2 employees
YC batch
Summer 2014
Status
Shut down
Stage
Early stage

Similar startups & competitors

Questions and answers

What does Cheddar do?

The Best Mobile Checking Account

How many people work at Cheddar?

2 employees, according to the company profile.

Has Cheddar raised money?

There are no funding rounds for Cheddar in our data.

What are the alternatives to Cheddar?

Similar startups: Kapital Bank, Aspire, and FAZZ.