Truecaller Surpasses 400 Million Active Users, Continues Rapid Growth
Stockholm: Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, has reached a significant milestone, surpassing 400 million active monthly users. The company has experienced rapid growth across various geographic markets, adding 10.1 million users since March 31 of this year.
Alan Mamedi, Co-founder and CEO of Truecaller, expressed pride in this achievement while acknowledging the increasing demand for robust solutions against unwanted communication. “Reaching 400 million active users each month is something we are, of course, very proud of, but at the same time, we know that the need for a solution like Truecaller is significantly greater. The problem of unwanted communication, spam, and fraud over the phone is unfortunately only growing for both individuals and businesses. New technology and increased opportunities for fraudsters to make money are driving this development,” Mamedi said. He also emphasized Truecaller’s ongoing efforts to enhance its app with new functionalities to protect users before, during, and after phone calls or SMS.
In the first quarter of 2024, Truecaller reported an average of 383.4 million active users per month, reaching 389.9 million by the end of the quarter. The company will continue to provide updates on the average number of monthly and daily users in its quarterly interim reports.
Truecaller plays a crucial role in enabling safe and relevant conversations, efficiently connecting businesses with consumers. With over a billion downloads since its launch and close to 50 billion unwanted calls identified and blocked in 2023, Truecaller has become an essential part of everyday communication for millions. Headquartered in Stockholm since its founding in 2009, the company has been listed on Nasdaq Stockholm since October 2021.
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