Truecaller, crosses 100M monthly active users in Middle East and Africa

Core Insights - Truecaller has achieved a significant milestone by surpassing 100 million monthly active users in the Middle East and Africa (MEA) region, reflecting a 19% year-over-year growth [1] - The CEO emphasized the importance of the MEA region due to its mobile-first nature and the increasing smartphone and mobile data adoption [1] - Truecaller is focusing on strengthening its organization and partnerships in the MEA region, anticipating continued growth in the coming years [1] Market Presence - Truecaller is particularly popular in several key markets within the MEA region, including Egypt, Nigeria, South Africa, Kenya, Algeria, Ghana, and Jordan, where it is used on 20-45% of connected smartphones [2] Company Overview - Truecaller is a leading global platform for verifying contacts and blocking unwanted communications, with over 450 million active users [3] - The company aims to build trust in communication, especially in emerging markets where fraud and unwanted communication are prevalent [3] - Truecaller has been listed on Nasdaq Stockholm since October 8, 2021 [3]