In general, many digital financial services companies witnessed growth during the lockdown because more MSMEs are doing digital transactions.
Chqbook that deals with digital financial control centre for small and medium businesses, serves as a one-stop solution for banking needs.
It has partnered with ICICI Bank to automating other aspects of a small business’ finances, namely, tracking transactions, lending/loans, insurance, credit cards, banking and rewards, with relevant tax compliances.
Chqbook has has 3,00,000 users at present and attracts new customers by working with famous wholesalers and referrals.
In order to keep the users in the unorganized market easier to use their app, they have kept features similar to a Khata book.
By Sahana Iyer
