OFFLINE PAYMENTS
Crunchfish is a fintech company providing a Digital Cash solution enabling offline payments. The solution is designed for banks, payment services, and Central Bank Digital Currency (CBDC). Crunchfish Digital Cash augments payment systems by offering resilience in case of lost internet connections or server failures. The company, with headquarters in Malmö, Sweden and a subsidiary in India, is listed on Nasdaq First North Growth Market since 2016.
Function before form.
Our vision is people and technology in perfect harmony. A world where technology serves humanity to make everyday life easier. Far too long have humans been forced to adapt to technology, when of course it should be designed the other way around. With a rare combination of courage and technical know-how, we never let technology dictate the function. Instead we find the form which is most fitting to the purpose.
For offline payments Crunchfish strikes the perfect balance between security and scalability by integrating app-integrated trust with settlement of offline transactions to detect double-spending and fraudulent wallets.
Digital Cash market
Crunchfish divides the offline payment market in commercial payment systems and Central Bank Digital Currency (CBDC) implementations. Digital Cash is agnostic to the underlaying payment scheme, providing the same level of resilience to all systems. UPI in India, PIX in Brazil and PromptPay in Thailand are examples of leading real-time payment systems on the commercial side. Most of the world’s central banks are evaluating or preparing to launch CBDC implementations. Support for offline payments is on the agenda for most of these
systems.
Our core values
Curious
An inspired curiosity drives us to explore the world, adapting technology to human needs.
Creative
Our creative minds combined with deep technical know-how originates radical new ideas and innovations.
Caring
We care about the society we live in, customers and colleagues, always developing sustainable relationships.
