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Truecaller Expands Its Vision with the Acquisition of TextPlus

On September 10, 2026, Truecaller AB officially completed the acquisition of TextPlus Inc., a strategic move aimed at extending its presence in the United States. This acquisition not only marks a significant milestone for Truecaller but also enhances its vision to build a comprehensive communication platform that integrates various services such as second phone numbers and Internet-based calling, commonly referred to as VoIP.

The announcement, made earlier on July 17, 2026, revealed Truecaller’s intent to procure 100% of the shares of TextPlus for a valuation of $15 million in cash and financial debt. The brand TextPlus, founded in 2009, has emerged as a key player in the communications technology realm, providing cloud-based services that appeal to consumers looking for budget-friendly communication solutions. With around 1.5 million monthly active users, TextPlus has cultivated a diverse user base, making it a valuable addition to Truecaller’s portfolio.

Truecaller, known for its mission to enhance trust in communication, has been at the forefront of addressing digital communication challenges, particularly those related to fraud and spam. The integration of TextPlus aligns perfectly with Truecaller’s objective of fostering a safer communication environment. With more than 500 million active users globally, Truecaller is already a leader in safe communication, and the acquisition of TextPlus is set to bolster these efforts further.

As part of this acquisition, TextPlus will continue to operate independently, maintaining its brand identity while leveraging the resources and technology of Truecaller. This operational strategy ensures that TextPlus can continue to deliver innovative services without disruption, benefiting from the support of a larger entity that has an expansive global reach.

Both companies have indicated that the acquisition will enable them to combine their expertise and technology to create superior offerings for their users. Consumers can look forward to experiencing a more integrated platform that not only enhances voice and messaging capabilities but also provides additional features tailored to their communication needs.

Truecaller’s strategic advisers during the acquisition were DNB Carnegie Investment Bank AB, acting as financial advisors, along with Squire Patton Boggs (US) LLP for legal advice, and KPMG for financial and tax due diligence. Meanwhile, TextPlus was advised by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP, with exclusive financial advisory provided by The Raine Group.

About TextPlus

TextPlus is recognized for delivering cloud-based voice, messaging, and connectivity services through their proprietary mobile platform, catering particularly to users who seek accessible and cost-effective app-based communication solutions. Headquartered in Los Angeles, TextPlus employs a team of 14 dedicated individuals focused on driving innovation within the communication technology landscape.

About Truecaller

Truecaller (TRUE B) is the preeminent platform globally for reliable and trustworthy communication. With a mission centered on building trust, the company confronts the widespread issues of fraud and unwanted communication, predominantly in emerging markets. Its overall aim is to create a seamless communication experience for users. Truecaller has been publicly traded on Nasdaq Stockholm since October 8, 2021, reinforcing its commitment to transparency and accountability in the communications space.

This acquisition signals Truecaller’s continued dedication to expanding its influence within the telecommunications industry and enhancing the resources available to its user base.

As communication technology continues to evolve, Truecaller’s acquisition of TextPlus represents a visionary step toward a future where connectivity and trust go hand in hand.