Crunchfish having world-leading expertise to deliver device agnostic trusted client applications has been engaged to conduct a security and vulnerability assessment for a prominent payment service. The assessment will be conducted during Q2 for a contract value of 325,000 SEK.

Crunchfish has been engaged to perform a security and vulnerability assessment for a leading payment scheme. The objectives of the assessment are to identify and evaluate potential impact of vulnerabilities and to provide recommendations for risk mitigation. The project will start in May and be presented in a report and a workshop within a month. The vulnerability assessment is charged at approximately 325,000 SEK, whereof 25% will be invoiced at project start and the remaining 75% after project completion.

“Crunchfish understands how to deliver device-agnostic trusted client applications. The results of the assessment will be presented to the payment scheme and will form the basis for a discussion on how Crunchfish Digital Cash may support them to overcome identified security vulnerabilities.", says Joachim Samuelsson, Crunchfish’s CEO.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information is Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 29th May 2024 at 16:10 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Privacy is an area that has not been explored deeply for CBDC systems, yet it is key for public adoption of digital currencies. In this whitepaper, Crunchfish outlines practical considerations for how privacy may be implemented in CBDC systems and presents an innovation that balances the public’s need for privacy with regulatory requirements for transactional traceability.

This whitepaper introduces a way of implementing privacy in CBDC systems. Crunchfish has recently implemented and patented a novel approach with balance reconciliation. Private transactions are encrypted and sent to the backend, but where the keys used for the transaction are wallet keys, in contrast to prior art using public keys controlled by either the issuer or an escrow agent. In this way the payer is in full control of the privacy of their transactions even if all private transactions are sent to the online ledger encrypted. In this innovative way, regulatory requirements for transactional traceability are balanced with requirements for privacy where the payer is in full control of the encrypted transactional data for amounts below defined thresholds, defined by the issuer and the regulator. If the issuer suspects an attack by the payer, the issuer can contact the payer for permission to decrypt the data. In case the payer is not willing to grant access, the issuer may decide to lock the wallet or disallow any more private transactions.

The whitepaper is attached to this communication and available with other Crunchfish whitepapers. This whitepaper is published also as a supplement to Central Bank Payments News, May 2024. At the Central Bank Payment Conference in Kuala Lumpur on June 10-12, Crunchfish will present technical ways to guarantee true privacy in CBDC systems and discuss security and scalability issues for hardware- and software-based CBDC mobile wallets.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information was provided by the above for publication on 28th May 2024 at 08:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Access to the full white paper following this link

Download as PDF

Crunchfish AB (“Crunchfish”) Q1 2024 webinar is now available, where Crunchfish CEO Joachim Samuelsson is interviewed by analyst Axel Dahlman from Västra Hamnen Corporate Finance. It comes together with an equity analysis made by Västra Hamnen equity analysts.

The webinar about Crunchfish interim report for Q1 2024 is now available via the following link:

Webinar Q1

The equity analysis document is available on the following link:
Crunchfish Q1 equity analysis

Crunchfish interim report for Q1 2024 is available via the following link:

Crunchfish Q1 2024

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information was provided by the above for publication on 22nd May 2024 at 08:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Årsstämma i Crunchfish AB (publ), org nr (556804-6493), har hållits i Malmö den 21 maj 2024. Nedan följer en sammanfattning av de beslut som fattades.

Disposition av vinstmedel samt ansvarsfrihet

Stämman beslutade att till förfogande stående vinstmedel om 144 629 474 kr överförs i ny räkning, att ingen utdelning ska lämnas, samt att bevilja styrelsen och verkställande direktören ansvarsfrihet för verksamhetsåret 2023.

Arvode till styrelse och revisorn

Stämman beslutade att styrelseledamöterna ersätts med vardera två prisbasbelopp och fyra prisbasbelopp till styrelsens ordförande (båda exklusive sociala avgifter). Reskostnader ersätts enligt bolagets gällande regler. Därutöver beslöts att revisorn ersätts enligt godkänd räkning.

Val av styrelse, styrelseordförande samt revisorer

Stämman beslutade i enlighet med valberedningens förslag om omval av styrelseledamöterna Göran Linder, Susanne Hannestad, Joakim Nydemark, Joachim Samuelsson och Malte Zaunders samt om nyval av Birendra Sahu, alla som ordinarie ledamöter. Göran Linder omvaldes som styrelsens ordförande. Stämman omvalde Mazars AB som revisor, även fortsättningsvis med auktoriserade revisorn Åsa Andersson Eneberg som huvudansvarig revisor.

Bemyndigande för styrelsen att fatta beslut om nyemission av aktier mm

Stämman beslutade bemyndiga styrelsen att under tiden fram till nästa årsstämma besluta om nyemission, emission av teckningsoptioner och/eller konvertibler, med eller utan avvikelse från aktieägarnas företrädesrätt samt med eller utan bestämmelse om apport eller kvittning, som (efter konvertering/teckning) innebär en ökning av aktiekapitalet om högst tio (10) procent baserat på det sammanlagda aktiekapitalet i bolaget vid tidpunkten för årsstämman 2024.

Incitamentsprogram för bolagets anställda och nyckelpersoner

Stämman beslutade om emission, med avvikelse från aktieägarnas företrädesrätt, av högst 750 000 teckningsoptioner inom ramen för ett incitamentsprogram för bolagets ledande befattningshavare, anställda och konsulter.

Protokoll från stämman

Protokoll från stämman kommer att publiceras på bolagets hemsida, https://www.crunchfish.com/investors/bolagsstamma/, senast under vecka 22.

Crunchfish AB (publ)

Styrelsen

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

This information is Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 21st May 2024 at 13:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

The report is available as an attached document to this press release as well as through the company’s website.

“Crunchfish is a pioneer in offline payments. The technology that Crunchfish has been developing since 2020 can make all kinds of mobile applications more secure. It is finally possible to place trust in clients, regardless of which mobile device the user has. Crunchfish emphasizes this broadening of our offering by making “Trust in Clients” Crunchfish’s new tagline.”, says Joachim Samuelsson, Crunchfish’s CEO.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

This information is Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 21st May 2024 at 08:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Find attached the full Q1 report

Download as PDF

Crunchfish Gesture Interaction has signed a commercial follow-up agreement with OPPO Mobile Telecommunications – one of the largest mobile phone manufacturers in the world – wrapping up the collaboration around pose detection software in their mobile devices. The contract has a value of 1.5 million SEK and was invoiced and booked in March 2024.

OPPO signed an agreement in November 2022 at a value of US$500,000 for the use of Crunchfish’s gesture control software for pose detection in their devices. This new agreement marks the completion of this Crunchfish product, which has been installed and shipped with millions of mobile devices by Oppo.

“I am happy to wrap up the current collaboration with Oppo and the use of our pose detection software in their mobile devices in a positive way on favorable terms. We welcome new opportunities to work with Oppo again within our focus area, XR technology, in the future.”, says Patrik Lindeberg, COO at Crunchfish AB.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

This information is such information as Crunchfish AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14:30 CET on May 20th, 2024.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF