Crunchfish

Crunchfish is official Offline Payments Partner at the Global Fintech Fest in India

Crunchfish will next week attend the Global Fintech Fest in Mumbai, the largest fintech event in India, as official Offline Payments Partner. The patented Digital Cash solution will be showcased at the exhibition and Crunchfish’s CEO Joachim Samuelsson will host a panel discussion on “The impact of offline payments in a digital world: Robustness, Privacy and Inclusion”.

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​​​​​​​Crunchfish is the official Offline Payments Partner to the Global Fintech Fest 2023 (GFF) in Mumbai, India. GFF is held September 5-7 and is the largest fintech conference in India, with expected +50,000 visitors and +500 exhibitors from over 125 countries.  

Crunchfish will exhibit its patented Digital Cash solutions in booth I8-I9 with live demos and presentations. Crunchfish’s joint solution with IDFC First Bank will be showcased by IDFC First Bank at the RBI Experience Center. As the official Offline Payments Partner, CEO Joachim Samuelsson will host and moderate a panel discussion on the topic: “The impact of offline payments in a digital world: Robustness, Privacy and Inclusion”. The panel includes senior experts Lalitha Natarajan, Head of Digital Partnerships, D2C business and Payments at IDFC FIRST Bank, Ravindra Govindani, Product Head – Off-Amazon Payments at Amazon Pay, Mehul Mistry, Global Head of Strategy, Digital Financial Services, Marketing & Partnerships at Wibmo and Prasanna Lohar, President at India Blockchain Forum. The panel takes place 2:50 PM, September 5th in Hall 204 A&B.

“We are very honored to be the official Offline Payments Partner to GFF 2023, the most important fintech event in India. We will both be present at the exhibition floor where we will showcase Digital Cash solutions and hosting a session on offline payments with very prominent panelists. To this we have also several interesting meetings booked with banks, payment service providers and platform providers. It will be a very busy and exciting week.", says Joachim Samuelsson, Crunchfish’s CEO.

About GFF 2023https://globalfintechfest.com
Global Fintech Fest (GFF) is the largest fintech conference in India, jointly organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI), and the Fintech Convergence Council (FCC). With GFF, the aim is to provide a singular platform for fintech leaders to foster collaborations and develop a blueprint for the future of the industry.

GFF 2023, the fourth edition of the conference, will take place from September 5 to 7, 2023 at the Jio World Centre in Mumbai. The theme of GFF 2023 is Global Collaboration for a Responsible Financial Ecosystem – Inclusive | Resilient | Sustainable.

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

The information was provided by the contact person above for publication on 31 August 2023 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.

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Focus on Scalability in a new offline payment white paper and webinar by Crunchfish and Lipis Advisors

The interest in offline solutions from central banks, commercial banks and payment system providers have skyrocketed in recent years. Crunchfish in partnership with Lipis Advisors are proud to announce the fifth white paper and webinar in the series “Enabling offline payments in an online world” with a focus on Scalability.

Crunchfish in partnership with Lipis Advisors announced today the fifth white paper and webinar focused on offline payment Scalability. The white paper will be released on August 31st on 12 noon CET / 15.30 IST with a follow-up webinar streamed live on September 1st at 8 am CET / 11.30 IST.

The webinar will start with a short presentation of the white paper, followed by moderated Q&A with a panel and the audience. The panel for the fifth webinar will feature Bonni Brodsky Payment expert at Lipis Advisors, Anthony Ralphs Director Management CBDC at Ripple and Joachim Samuelsson CEO at Crunchfish. The webinar is moderated by Johan Wester.

The video trailer to the fifth white paper and webinar on offline payment Scalability is now available. Register for the webinar by following this link.The webinar will be live streamed on Zoom and LinkedIn, it will also be recorded.

Read the previous white papers in the series Enabling offline payments in an online world focused on offline payment design, security, privacy and interoperability. All webinars in the series are available here.

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

The information was provided by the contact person above for publication on 25th August at 12:15 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.

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Crunchfish Q2 webinar

Crunchfish AB (“Crunchfish”) Q2 webinar is now available, where Crunchfish CEO Joachim Samuelsson is interviewed by analyst Filip Stenberg from Västra Hamnen Corporate Finance.

The webinar about Crunchfish interim report for Q2 2023 is now available via the following link: Webinar Q2

Crunchfish interim report for Q2 2023 is available via the following link:
Crunchfish Q2

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 contact person above for publication on 24 August 2023 at 14:50 CET.
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish are 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 are listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

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Crunchfish publishes half-year report for 2023

Today, Crunchfish AB (“Crunchfish”) publishes the company’s half-year report for the second quarter and first six months 2023. Below is a brief summary of the report.

Group financials 2023-04-01

2023-06-30 

2022-04-01

 2022-06-30

2023-01-01

 2023-06-30

2022-01-01

 2022-06-30

         
Net sales (SEK)  294,731  134,437  465,303  350,786
Profit or loss before tax (SEK)  -8,639,245  -6,748,539  -15,467,604  -13,481,376
Earnings per share (SEK)  -0.26  -0.22  -0.47  -0.44
Equity-assets-ratio (%)  82.5%  86.1%  82.5%  86.1%
Total cash and bank balances (SEK)   9,129,869  19,054,706  9,129,869  19,054,706

 

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

 

Comment from CEO Joachim Samuelsson

Signing the first Digital Cash commercial agreement in Q2 was a great milestone. With IDFC FIRST Bank as a partner, Crunchfish plans to enable offline payments for UPI applications as well as for Central Bank Digital Currency in India. Other positive signs for offline payment were the Bank of International Settlement’s offline handbook, Crunchfish’s award for outstanding advancement in digital currency and the Reserve Bank of India’s offline payment innovation for CBDC as well as UPI. Within Gesture Interaction we introduced XR Skeleton for web and Apple broke the glass ceiling with the release of their Vision Pro glasses. This is accelerating the ARmarket where Crunchfish’s Android partners are active.”

 

At 09:00 CET/12:30 IST, a live webinar about the report will be hosted on Zoom where Crunchfish CEO Joachim Samuelsson will be interviewed by analyst Filip Stenberg from Västra Hamnen Corporate Finance.

In order to participate at this webinar, registration is done via the following link

 

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 

 

This information is information that Crunchfish AB is obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 24 August 2023 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, e-commerce, and the automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and a subsidiary in India.

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Invitation to a webinar about Crunchfish’s half-year report for Q2 and first six months 2023

On thursday, August 24 at 08.30 CET / 12.00 IST, Crunchfish publishes its half-year report for Q2 and first six months 2023. At 09.00 CET / 12.30 IST, a webinar about the report will be hosted on Zoom where Crunchfish CEO Joachim Samuelsson will be interviewed by analyst Filip Stenberg from Västra Hamnen Corporate Finance.

 

 

In order to participate in this webinar, registration is done via the following link.

 

A recording of this webinar will also be available afterward 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 

 

This information was provided by the above for publication on 22 August 2023 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 Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, e-commerce, and the automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and a subsidiary in India.

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Crunchfish Digital Cash 2.2 – Consecutive Offline Payments

Crunchfish have today released Digital Cash 2.2 enabling consecutive offline payments, in which the payer and payee exchange a transaction offline, and the payee can immediately spend the received funds in another offline transaction without going online. This feature may be the most desirable approach for CBDC given its resemblance to the properties of cash.

Consecutive offline payments allow the payee to immediately spend the received funds in an offline context, without having to go online to settle the transaction. This is desirable as it mimics real cash which can be transferred without requiring online connectivity. Several properties are available to control the consecutive offline payments feature, as it may be required in CBDC schemes and/or according to bank policies. Such properties include e.g. how much funds can be transferred and how many consecutive hops are allowed.

Besides the consecutive offline payments feature, Digital Cash 2.2 also includes improvements in certificate management such as verifier certificate revocation and re-key triggering of wallet certificate, general improvements and minor bug fixes. The Digital Cash 2.2 version is based on the Digital Cash 2.1 release that implements trusted payments over telecom.

“We are very proud to be able to release Digital Cash 2.2 to the market which includes some highly requested features, including support for consecutive offline payments and improvements in certificate management. Being able to provide secure consecutive offline payments in software is key to drive resilience, scalability and privacy.”, says Rutger Petersson, R&D Director at Crunchfish Digital Cash.

The Crunchfish Digital Cash 2.2 SDK is available for customer download through the Crunchfish developer portal.

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 contact person above for publication on 7 July 2023 at 12:00 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 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.

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