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14,448 startups · 29 programs

Cheddar

Inactive · The Best Mobile Checking Account

2signal of 100 · rising 0
  • went through YCProgram · this site+4
  • team of 2Team size · YC's directory+2.5

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About Cheddar

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.

YC batch
S14 · Summer 2014
Status, per YC
Inactive
Category
Other
Team size
2
Checked
7h ago

YC tags: Fintech, Neobank

Cheddar in S14: 78 companies, 12% AI

Cheddar: questions

Which YC batch was Cheddar in?

Cheddar was in Y Combinator's Summer 2014 batch (S14).

Is Cheddar still active?

Y Combinator lists Cheddar as inactive.