Crunchfish Digital Cash integrated with Sirius’ Payment Ecosystem Solution
Crunchfish and Sirius join forces to offer banks and payment service providers an off-the-shelf integration of Crunchfish Digital Cash into Sirius’ Payment Ecosystem Solution running on their Multiverse platform, enabling fast and easy deployment of both online and offline payments.
Sirius, an up-and-coming player in digital enterprise platform technology, and Crunchfish have completed an integration of Crunchfish Digital Cash into Sirius’ Payment Ecosystem Solution. The integration makes onboarding of banks and payment service providers much easier, as they don’t need to develop the backend functionality by themselves. In case banks and payment service providers don’t have an existing e-wallet application, Sirius also offers a white-label e-wallet with Crunchfish Digital Cash pre-integrated, which will even further simplify the deployment of an offline payment solution.
Payment Ecosystem is a vision formulated by Sirius to facilitate and provide value-add service to the end-to-end payment experience for Issuer, acquirer, merchant, consumer, and payment network operator. It is an ecosystem platform where participants can share value-added service with each other in a secure and trusted manner to enhance both business operation efficiency and end user experience. Some of the example value-added services include buy now pay later service, loyalty points management service, merchant payment facilitator engine and many more.
The integration started in the second half of Q2 and has now been completed. The fast integration time proves the flexibility and scalability of Sirius’ Multiverse platform as well as Sirius’ Payment Ecosystem Solution and effectiveness of Crunchfish Digital Cash SDKs. The joint solution will be presented and demonstrated to existing customers and new prospects, with a focus on Asia and South America where Sirius is operating.
“Sirius is eager to work with partners and clients who share our passion for innovation. Several of our customers have requested our solution to support offline payments so we reached out to Crunchfish as they are the market leader in this field. Integration of Crunchfish Digital Cash into our platform was smooth and with great support from the Crunchfish team. With the integration in place, we will start to promote the joint solution to existing customers and new prospects.” says Bin Wieringa, Sirius’ CEO.
“The key to our success is to make it easy for banks and payments services to deploy Crunchfish Digital Cash. Sirius’ Payment Ecosystem solution with pre-integrated support for Crunchfish Digital Cash provides exactly this. Instead of requiring every new customer to develop the Digital Cash backend functionality themselves, the banks and payment service providers just need to connect to Sirius. Through Sirius’ presence in Asia and South America we also get an excellent channel to new customers.” 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 was provided by the contact person above for publication on 24 August 2022 at 10:00 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, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with subsidiary in India.
About Sirius – siriustech.io
At Sirius we strive for Digital Technology Inclusion – enabling people and organizations with accessible, convenient, and affordable technology. Sirius has its flagship platform called Multiverse, which is a middleware technology solution based on Gartner's Hybrid Integration Platform capability framework and following Mesh Application and Service Architecture. Multiverse forms the basis for flexible integration, high scalability, robust security and affordable innovation. On top of Multiverse, we have several composable solutions specifically developed for the financial services industry, including payments, loans, wallets, assets & trading and more.
