Company Information

Get to know Chillr

Founded in 2014 by Sony Joy, Chillr was a pioneering fintech startup in India that provided one of the country's first multi-bank mobile payment apps. The platform enabled peer-to-peer (P2P) money transfers, utility bill payments, and mobile recharges using the IMPS and later the UPI platform, without needing to pre-load a digital wallet. The company partnered with several major Indian banks, including HDFC Bank and Axis Bank, to allow customers to transact directly from their bank accounts. In June 2018, Chillr was acquired by Truecaller to build out its digital payment service, Truecaller Pay. Following the acquisition, the Chillr app and brand were phased out as its team and technology were absorbed into Truecaller.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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Chillr

India

Founded in

22 Th12 2013 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.