[Important] Request for immediate withdrawal of funds from Pillow

Pillow: Dollar Savings App
1 min readJun 22, 2023


Dear Users,

We regret to inform you that the Pillow team has made the decision to no longer provide our current services through the Pillow app due to regulatory uncertainty, and will be closing operations on July 31st, 2023. Please be assured that all your deposits and any interest accrued on the Pillow app till date are completely safe and available for immediate withdrawal. We request you to redeem your investments and withdraw your funds immediately through the modes of withdrawal available to you.

What this means for you

  • Your funds continue to remain safe, accessible in full and open to crypto withdrawal till July 31st, 2023.
  • Bank withdrawals will be live till 7th July, 2023 (if bank withdrawals are available for your account). Withdrawals to bank accounts may take up to 5 business days to be processed.
  • Your funds will stop earning interest immediately.
  • The rewards section will no longer be accessible.
  • You will continue to have access to Pillow support via the app till July 31st, 2023.
  • You will receive a consolidated statement for all your transactions on the Pillow app on or before August 7th, 2023.
  • In case you face any issues, please update the app to the latest version from Play store or App store.

Our team will be working tirelessly throughout this period to help you withdraw your funds safely.

We thank you for giving us the opportunity to serve you with Pillow.

Pillow Team