ChatSim is celebrating ‘unstoppable growth’ after launching in Italy on January 21, offering ‘the world's first SIM card that lets you chat free of charge and without limits, even without Wi-Fi, using instant messaging apps such as WhatsApp, Telegram, Facebook Messenger, WeChat, QQ, Viber, LINE and many other smartphone and tablet apps.
Besides chatting for free and without limits with all instant messaging apps, even without Wi-Fi, ChatSim says it is also the first ‘Instant Messaging SIM’ in the world to introduce voice calls with all instant messaging apps as a single voice communication system, letting you ‘chat for free and exchange unlimited text messages and emoji for a year with just €10.’
The company says it is ‘forging ahead’ as it grows exponentially, with over 100,000 SIM cards sold and distribution agreements signed in 30 countries, claiming these figures ‘have caught everyone’s attention’.
A start-up spun out of Zeromobile, which bills itself as ‘Italy's number one low-cost global mobile operator’, it is the brainchild of Zeromobile’s 38-year old founder and CEO, Manuel Zanella - and now CEO of ChatSim.
The transaction also sees the participation of Angelsim Sarl, a Luxembourg investment company that groups together several international investors with many years of experience in investment to support start-ups and fledgling companies.
The partnership between Zeromobile and Angelsim Sarl has allowed ChatSim to go from being a Zeromobile start-up to an independent company. Zeromobile says that Angelsim was excited by ‘the figures and potential for growth of ChatSim’ and decided to invest €1 million in the business, and just months from Chatsim’s launch is already worth over €4 million.
Pierre Brais of Angelsim, with 25 years of start-up experience said: "We are very pleased to work with Manuel and the ChatSim team. He is an innovator, a visionary entrepreneur who wants to revolutionise the way we communicate.
“Travellers are tired of worrying about roaming rates each time they reach a new country. Moreover, we always want to keep in touch chatting with our friends and family without draining our bank account! ChatSim makes all this possible in an easy and affordable way for everyone.”
Manuel Zanella explained: "This major transaction will boost ChatSim's growth and development through major investments in marketing and communication. We will also make investments in R&D to create always new and better solutions for our customers.
“This is a completely new market with an enormous potential. It is a market we invented just four months ago. That's another reason why I found a partner who has decided to bet on ChatSim just a few months after the launch of my business. One of the targets of the deal? Selling 1 million SIM cards by 2016.”
Pointing towards the success of the instant messaging market, Zanella’ notes that:
- 4 out of the 6 main social networks are currently instant messaging apps.
- WhatsApp, WeChat, Facebook Messenger and Viber have over 100 million new active users every month.
- WhatsApp has reached 800 million active users, 30 billion messages exchanged a month and 4% growth each month.
(Source: Digital, Social & Mobile World in 2015).
ChatSim's Business Development Director, Juan De la Coba, who has risen through the ranks of the company in just a few years.
Zanella said: "I hired Juan in 2011 to manage Spanish-speaking customers. Today he is ChatSim's Business Development Director and I wanted to reward him with a share in the company because of the key role he plays in the business.”
de La Coba said: ”I’m very proud of this unique opportunity. My share in ChatSim's capital is a dream come true. My father is a businessman and I have always dreamed of doing something great. I am sure that ChatSim will soon reach one million customers. Every day I speak to our partners from all over the world and I can see their great enthusiasm."
ChatSim says its SIM cards can be purchased online at its site and ‘delivered all over the world with free shipping.’