Home KaiOS Technologies Pte Ltd KaiOS Technologies Pte Ltd In brief KaiOS Technologies is the leading mobile operating system for smart feature phones and the third largest operating system after Android and iOS. The company has shipped over 170 million devices and has over 190 models available, including Nokia phones. With Finnfund’s investment, KaiOS can expand into new markets in Sub-Saharan Africa. The investment is classified as a 2X Challenge eligible gender investment as it supports women to close the digital divide across lower-middle-income countries. KaiOS brings a more affordable device to the market and hosts applications and content targeting women and girls. Main development impact KaiOS enables people with disposable income between USD 2 – 11 per day to own an internet device at a fraction of the cost of a smartphone. Owning a smartphone is important for adopting and using mobile internet and benefiting from the life-enhancing services the internet can offer. Greater internet access correlates directly with improved health care, education, gender equality and economic development. Boosting a developing country’s mobile internet use by 10% correlates with an average two-percentage-point increase in gross domestic product. Investment details Name: KaiOS Technologies Pte Ltd Project number: 80000378 Region: International Country: International Sector: Digital infrastructure and solutions Signing date (month/year): June 2023 Currency: USD Finnfund's financing (commitment): 4,500,000 Instrument: Loan Size of the project financing: USD 9,000,000 Share of Finnfund's financing (%): 50 % Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument KaiOS Technologies Pte Ltd. International November 2022 USD 3,500,000 Loan June Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: KaiOS Technologies Pte Ltd Sector: Digital infrastructure and solutions Region: International Country: International Currency: USD Finnfund's financing (commitment): 4,500,000 Signing date (month/year): June 2023 Last update: December 2023