Cheddar is a free, person-to-person payments app that enables users to request, receive and send money instantly. Users only need to connect their existing bank accounts to make and take direct payments through their phone.
The team has experience at existing payment platforms such as Shopify and Fibonatix, which they will be able to leverage in order to differentiate themselves from the increasing numbers of payments solutions popping up.
Headquartered in London, Cheddar's 2022 funding is being invested into attracting and hiring new talent, whilst partnerships with high-profile companies such as JustEat will help it gain visibility on the market.
Steph
Company Specialist at Welcome to the Jungle