Kalpana Kalpana (Editor)

Chillr

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Type
  
Privately held company

Area served
  
India

Headquarters
  
Mumbai

Industry
  
Fintech

Website
  
chillr.com

Founded
  
2014

Chillr httpschillrcomappletouchicone4196c48f8png

Parent organization
  
MobME Wireless Solutions Limited

Founders
  
Mohamed Galib, Anoop Sankar, Sony Joy, Lishoy Bhaskar

Chillr india s first multi bank mobile payment app


Chillr is a multi-bank mobile banking app that lets users send and receive money to/from anyone in their phone book. Chillr differentiates from online wallets as all fund transactions are between bank accounts. It was listed in the “App Store Best of 2015” on the IOS platform in India. Chillr is the only Financial/Banking app to be listed in this category.

Contents

How to use chillr app registration install transfer and receive all bank


History

Chillr was conceptualized within MobME and spun off as a subsidiary after a year. It is currently being led by Sony Joy, who co-founded MobME Wireless Solutions with two of his college friends back in 2006. Chillr means pocket change in many Indian languages and is something everyone is used to dealing with and making payments with.

Service

Chillr is the fastest and easiest way to send money between bank accounts and works even on bank holidays.It is linked directly to your bank account to offer you following services:

  • Pay - Make direct payments to other bank account or through tags.
  • Collect - Request for money or split bills.
  • Utilities - Recharge your mobile phone, data card, DTH & BookMyShow Wallet with Chillr.
  • Scan & Pay - Pay at merchant stores by scanning QR code.
  • Timeline - Chillr is the first Indian mobile banking app that gives you the option of sharing your transactions with your friends, much like a social media feed.
  • Bank Partnerships

    Currently, Chillr has partnered up with the following banks:

    • HDFC Bank

    • Bank of Baroda

    • Andhra Bank

    • Catholic Syrian Bank.

    • Federal Bank

    • PMC Bank

    • Greater Bank

    • Bharat Bank

    • Saraswat Bank

    •Bank of India

    Customers of these banks will enjoy seamless money transferring services. However, customers of every bank in India will be able to receive payments via Chillr.

    Funding

    Their initial seed funding came from MobME. Post this they raised series A from Sequoia Capital This later extended to series A+, which along with investments from Blume Venture and other angel investors totaled a sum of up to 7.2 million dollars.

    References

    Chillr Wikipedia