Truecaller agrees to buy US communications app TextPlus for USD 15 million

Reuters2026/07/17 04:15

By:Reuters

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Truecaller agreed to buy US communications app TextPlus for USD 15 million, cash and debt free, funded with internal cash.
Closing is expected in Q3 2026, subject to customary regulatory approvals and conditions.
TextPlus provides cloud-based VoIP calling, SMS, and dedicated phone numbers; it has about 1,500,000 monthly active users.
Adjusted net revenue was USD 5.2 million for the 12 months ended May 2026, with about 45% CAGR since 2023.
Deal is aimed at accelerating US expansion, adding second-number and VoIP capabilities, and enabling cross-selling across Android and iOS platforms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Truecaller AB published the original content used to generate this news brief via Cision (Ref. ID: 20260716:BIT:9802:0) on July 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Truecaller agrees to buy US communications app TextPlus for USD 15 million

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