Truecaller Acquires Chillr

Truecaller has announced a strategic investment into the payment space by acquiring Chillr, India’s first multi-bank payments app launched in 2014 to further boost growth. With the launch of Truecaller Pay 2.0, the company has brought banking and payments features to the forefront of its app, and in the coming months Truecaller is planning on rolling out credit and other financial services in a mobile-first way in India. The company is now looking at ways to enter the payment space in sub-Saharan Africa.