A webinar about our Q1 2021 report together with Alf Riple, Chief Analyst at Västra Hamnen Corporate Finance.

Today, Crunchfish AB (”Crunchfish”) publishes the company’s interim report for the first quarter of 2021. Below is a brief summary of the report.

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

A comment from our CEO Joachim Samuelsson
”Digital Cash is the future of Digital Payments. Card, instant and crypto are the three digital payment schemes of today. In addition, central banks around the world are planning to digitize cash as Central Bank Digital Currency (CBDC). Crunchfish Digital Cash Wallet xoxo.cash compliments all of these schemes with a robust, interoperable and exceptionally flexible payment service, replicating the properties of paying with physical cash. This is the digital payment of the future and the solution to exploding transaction volumes and financial inclusion worldwide.”

Crunchfish also announces that the company has decided to streamline its marketing communication and starting today, we will provide press releases and financial reports in English only.

At 09:00 CET/13:30 IST, a live webinar about the report will be hosted on Zoom together with Alf Riple from Västra Hamnen Corporate Finance. To participate at this webinar, registration is done via the following link:
https://us02web.zoom.us/webinar/register/WN_g_qW6OpCRfqDLOUZL5G2bA

A recording of this webinar will also be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.

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

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

This information is information that Crunchfish AB is obliged to publish in accordance to the EU Market Abuse Regulation. The information was provided by the contact person above for publication on May 19, 2021.

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 technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. Crunchfish has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

On Wednesday, May 19 at 08:30 CET/13:00 IST, Crunchfish AB (“Crunchfish”) publishes its interim report for Q1 2021. At 09:00 CET / 13:30 IST, a live webinar about the report will be hosted on Zoom together with Alf Riple from Västra Hamnen Corporate Finance.

In order to participate at this webinar, registration is done via the following link:
https://us02web.zoom.us/webinar/register/WN_g_qW6OpCRfqDLOUZL5G2bA

A recording of this webinar will also be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.

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

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

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 technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. Crunchfish has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

Crunchfish och ToneTag, två pionjärer inom digitala betalningar, har ingått ett Marketing & Technical Partnership Agreement för att kunna erbjuda Crunchfishs betalningslösningar inom Digital Cash tillsammans med ToneTags patenterade ljudvågsinteraktion. Genom att integrera bolagens innovativa teknologier möjliggörs offlinebetalningar även med feature phones.

Många konsumenter kan inte betala digitalt på grund av dålig internetuppkoppling samt brist på betaltjänster för feature phones. ToneTags innovativa ljudvågsinteraktion kombinerat med möjligheten för offlinebetalningar hos Crunchfishs Digital Cash-lösningar är en avancerad lösning som kan möjliggöra en mycket bredare användning för digitala betalningar i till exempel detaljhandel, på bensinstationer och för betalningar inom kollektivtrafik.

ToneTag, ett indiskt bolag verksamt inom närhetsbaserad kommunikation baserat på ljudvågor, har utvecklat en robust datakommunikationskanal för att möjliggöra nyskapande lösningar i flera olika branscher. Bolagets lösningar gör det möjligt för användare att utföra snabba och bekväma kontantlösa transaktioner genom att använda en innovativ och säker ljudvågbaserad teknologi. Lösningen kräver varken höghastighetsinternet eller en smartphone för att genomföra säkra betalningar; betalningen kan slutföras med vilken mobiltelefon som helst, inklusive feature phones som idag används av miljoner indier.

Digital Cash är exceptionellt flexibelt och är agnostiskt för både bärarinstrument, betallösningar, interaktionsmetoder och för olika terminaler hos handlare. Detta ger en oöverträffad möjlighet för digitala betaltjänster att tillhandahålla offlinebetalningar och bevara integriteten. Med detta avtal fortsätter Crunchfish att utöka sitt Digital Cash Partner-program med ToneTag som partner #8.

“ToneTag är en strategiskt viktig Digital Cash Partner med geniala lösningar som möjliggör Digital Cash i en mängd olika användningscase, inte minst i feature phones vilket öppnar stora marknadsmöjligheter både i Indien och andra länder. Vi ser stor potential i detta partnerskap och ser fram emot att arbeta med ToneTag”, säger Patrik Lindeberg, VD för Crunchfish Digital Cash.

”ToneTags ljudvågbaserade datakommunikationslösningar möjliggör digital och röstbaserad utcheckning i offlineläge världen över. Genom att kombinera vår unika teknik med Crunchfishs lösningar för Digital Cash möjliggörs sömlösa betalningsupplevelser för kunderna. Tillsammans med Crunchfish hoppas vi kunna implementera den här lösningen i ett flertal länder”, säger Kumar Abhishek, grundare och VD för ToneTag.

För ytterligare information, vänligen kontakta:
Patrik Lindeberg, VD för Crunchfish Digital Cash AB
+46 730 35 67 15
patrik.lindeberg@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

Västra Hamnen Corporate Finance AB är Certified Adviser. Epost: ca@vhcorp.se. Telefon +46 40 200 250.

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Crunchfish and ToneTag, two pioneers within digital payments, have entered a Marketing & Technical Partnership Agreement to offer Crunchfish’s Digital Cash payments with ToneTag’s patented sound wave-based interactions. By integrating the companies’ innovative technologies offline payment use cases becomes possible, even with feature phones.

Many consumers are unable to pay digitally because of poor internet connectivity as well as lack of payment services on feature phones. ToneTag’s innovative sound-based proximity technology combined with offline payments capability of Crunchfish’s Digital Cash solutions is a cutting-edge solution that can enable a much greater adoption for digital payments in retail, at gas stations and for transit payments. 

ToneTag, a proximity communication company and the largest sound network built a robust channel of data communication to enable extraordinary experiences across businesses. It can enable users to carry out quick and convenient cashless transactions by utilizing the innovative and highly secure sound wave-based technology. The solution does not require either high-speed internet or a smartphone for conducting secure payments; the payment can be completed using any mobile phone, including feature phones used by millions of Indians.

Crunchfish’s Digital Cash is exceptionally flexible, being bearer instrument-, payment scheme-, proximity interaction- and merchant terminal-agnostic. This provides an unprecedented capability to provide offline payments and preserve privacy for any digital payment service. With this agreement Crunchfish continues to add to its Digital Cash Partner program with ToneTag as partner #8. 

“ToneTag is a strategically important Digital Cash Partner with ingenious solutions that will help to facilitate Digital Cash on a wide variety use cases, not least on feature phones which opens up great market opportunities both in India and other countries. We see great potential in this partnership and are looking forward to working with ToneTag”, says Crunchfish Digital Cash’s CEO Patrik Lindeberg.

”ToneTag’s global audio based data communication capability allows digital and voice based checkouts in offline spaces. Combining our unique technology with Crunchfish’s Digital Cash enables seamless payment experiences for customers. Together with Crunchfish, we hope to implement this solution in multiple countries”, says Kumar Abhishek, founder and CEO of ToneTag.

For more information, please contact:
Patrik Lindeberg, CEO Crunchfish Digital Cash AB
+46 730 35 67 15
patrik.lindeberg@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05
ulf.rogius.svensson@crunchfish.com

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

About Crunchfish – crunchfish.com/digitalcash
Crunchfish is a technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. Crunchfish has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.