The money will help long-term profitability and quicken the company’s growth, with a target of connecting seven million consumers by 2025.
Talk360 was established in 2016 by South African businessman Dean Hiine and his Dutch colleagues Hans Osnabrugge and Jorne Schamp. It enables reasonably priced international calls to landline and mobile numbers.
With operations in South Africa, the Netherlands, India, and Nigeria, the corporation linked more than four million customers worldwide in 2023.
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With HAVAÍC leading the new investment round at $1 million and other investors contributing the remaining $400,000, the firm was valued at $30 million.ed $1.4 million.
To a large percentage of society, digital channels of communication are something they are born with. To others, it is a privilege to talk to far away family members and friends. Today, only 41% of the world has access to internet, and the most heavily hit are underserviced communities in developing countries. This makes basic things, such as calling friends and family, complicated and expensive. Current free calling options require both caller and receiver to have a stable and good internet connection, as well as a smartphone. Other offline solutions are expensive. This leaves a great part of the world lacking essential communication services that are accessible and affordable to them.
About Talk360
Talk360, they believe that everyone in the world should be able to connect to friends and family. That’s why they have built a localized, easy-to-use, and reliable product for underserviced communities. Talk360 is the leading international voice calling app allowing affordable and reliable international calls to any offline landline or mobile phone in the world. As the call receiver does not need internet, the Talk360 app, or a smartphone, this solution was able to connect +3.2 million people in 2022, no matter where they were located or whether they had internet access.
