- Business
- Crunchfish AB (publ) (CFISH.ST) develops and offers deep fintech technology solutions focused on resilient Digital Cash platforms for payment networks, banks, payment service providers, and Central Bank Digital Currency implementations; the core Digital Cash offering comprises online and offline components including Layer-2 wallets, terminals, and gateways that enable secure, interoperable payments via a patented Reserve, Pay, and Settle model with Digital IOUs for survivability during network outages or server failures; additional capabilities support load balancing, digital change return, privacy enhancements, and packet-switched Trusted Application Protocol across proximity and remote protocols. The company, founded in 2010 and headquartered in Malmö, Sweden, with a subsidiary in India, operates globally targeting financial institutions, central banks, and merchants in regions including Europe, Asia, Africa, the Middle East, and the Americas. Recent developments include a strategic partnership with CMA Small Systems AB announced in October 2025 to deliver resilient national payment infrastructures combining Digital Cash with CMA's Instant Payment Systems; a partnership with AltPayNet in September 2025 to advance offline payments in the Philippines; participation in major events such as SIBOS 2025 and Singapore FinTech Festival 2025; and publication of interim Q3 2025 report in November 2025.