Truecaller announces the acquisition of Indian FinTech startup Chillr
Chillr is the one-stop solution for all payment and mobile banking needs, a multi-bank payment service which works with a majority of banks.
Truecaller today announced the acquisition of India-based company Chillr, India’s first multi-bank payments app. Chillr is an Indian FinTech startup that makes mobile banking and financial transactions super simple for millions of users. It is the one-stop solution for all payment and mobile banking needs, a multi-bank payment service which works with 52 Banks (including HDFC Bank, Axis Bank, ICICI Bank, SBI).
Truecaller informed via a blog post, "By acquiring Chillr, we are reaffirming our commitment to mobile payments and plan to increase the adoption of it amongst our user base. We will, together, have a far bigger impact in this space through the foundation of the team’s expertise and a strong user base who trust our platform and uses it on a daily basis. Moving forward, the Chillr team will now become the Truecaller Pay team, leading the vision and execution for this feature."
"Their team of engineers and designers have a profound understanding of mobile payments, the social fabric of India, and a deep passion for products that they will now bring to Truecaller," the blog post added.
Headquartered in Stockholm, Sweden, Truecaller was founded in 2009 by Alan Mamedi and Nami Zarringhalam, with a mission to build trust everywhere by making communication safe and efficient. It provides a suite of unique services such as a dialer that offers caller ID, spam detection, messaging and more. The company has a user base of 150 million users in India.
Welcome to the team, Chillr! The team of Chillr joins #Truecaller for our newest payment feature for India, Truecaller Pay! Quickly send money to friends, pay bills, recharge, and more! https://t.co/UNHzQBOblw pic.twitter.com/5m9FcGRzA5— Truecaller (@Truecaller) June 13, 2018