ChatSim's Rise: Zeromobile's Start-up Becomes an Independent Company; Angelsim Acquires a Share

May 19, 2015, 05:00 ET from Zeromobile/ChatSim

MILAN, May 19, 2015 /PRNewswire/ --

The investment company Angelsim Sarl has decided to invest €1 million in the business set up by Manuel Zanella, which is already worth over €4 million after a few months  from its launch.

ChatSim's growth is unstoppable. Thanks to the huge success achieved in just a few months after its launch in January, Zeromobile's innovative start-up is now an independent company: ChatSim S.r.l. (http://www.chatsim.com).

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Created as the world's first SIM card that lets you chat free of charge, without limits and without Wi-Fi, using instant messaging apps (WhatsApp, Telegram, Facebook Messenger, WeChat, QQ, Viber, LINE etc.), ChatSim is forging ahead as it grows exponentially: over 100 thousand SIM cards sold and distribution agreements signed in 30 countries .

Zeromobile - Italy's number one low-cost global mobile operator (http://www.zeromobile.it) - has decided to create its start-up, which is the brainchild of Manuel Zanella (38 years old), the company's founder and CEO. The transaction 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. This has led to the agreement between Zeromobile and Angelsim Sarl allowing ChatSim to go from being a Zeromobile start-up to an independent company.

This venture capital company has been mesmerized by the figures and potential for growth of ChatSimSo it has decided to invest €1 million in the business set up by Manuel Zanella, which is already worth over €4 million after a few months from its launch . 

Manuel Zanella is satisfied with the deal reached with Angelsim Sarl and reveals: "It is a market we invented just four months ago. That's another reason why I found a partner who 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 ."

Besides chatting for free without limits with all IM apps, without Wi-Fi, ChatSim is also the first "Instant Messaging SIM" in the world to introduce voice calls with all IM apps as a single voice communication system. Even without Wi-Fi.

ChatSim Press Office :  

Damiana Schirru - Head of Press Office
Silvia Bullo - Media Relation Manager
T. +39-02-92976000 
M. +39-347-2780951 
E-mail: press@chatsim.com

SOURCE Zeromobile/ChatSim