Truecaller's Monumental Achievement: Surpassing 400 Million Active Users

June 3, 2024, 3:36 pm
Truecaller
Truecaller
ActiveAppBusinessFinTechITMessangerMobilePhonePlatformService
Location: Sweden, Stockholm
Employees: 201-500
Founded date: 2009
Total raised: $318.85M
Truecaller, the globally renowned platform dedicated to verifying contacts and shielding users from unwanted communication, has recently achieved a significant milestone. On the 29th of May, the service proudly announced that its monthly active user base has exceeded a staggering 400 million. This remarkable growth trajectory, with an impressive addition of 10.1 million users since March, underscores the pressing demand for a robust solution like Truecaller in the ever-evolving digital landscape.

In a statement resonating with pride and determination, Alan Mamedi, the co-founder and CEO of Truecaller, emphasized the escalating challenges posed by unwanted communication, spam, and fraudulent activities plaguing both individuals and businesses. Mamedi highlighted the relentless evolution of technology, providing fraudsters with new avenues to exploit unsuspecting victims. Truecaller's unwavering commitment to user safety is evident in its continuous efforts to enhance the app's functionality, ensuring comprehensive protection before, during, and after every call or text message.

The initial quarter of 2024 witnessed an average of 383.4 million active users engaging with Truecaller's services, culminating in a remarkable 389.9 million by the quarter's conclusion. Truecaller has pledged to maintain transparency by regularly reporting the average number of monthly and daily users in conjunction with their interim reports, thereby fostering a culture of openness and accountability.

For further inquiries or information, interested parties are encouraged to reach out to Andreas Frid, the Head of Investor Relations & Communication, at +46 705 29 08 00 or via email at andreas.frid@truecaller.com.

Truecaller, a beacon of trust and reliability in the realm of communication, stands as a testament to its unwavering commitment to safeguarding users from fraudulent activities and ensuring seamless and secure interactions. With over a billion downloads and an impressive track record of blocking 50 billion unwanted calls in 2023 alone, Truecaller has solidified its position as an indispensable tool for over 400 million active users worldwide. Established in 2009 and headquartered in Stockholm, this co-founder-led company has garnered extensive experience and expertise, reflected in its highly competent management team. Truecaller's listing on Nasdaq Stockholm since October 8, 2021, further underscores its credibility and market presence.

For a more in-depth exploration of Truecaller's mission and impact, interested individuals are encouraged to visit corporate.truecaller.com, where the company's ethos and vision are elaborated upon in greater detail.