Crunchfish writes down Blippit shares
Crunchfish Digital Cash is the future of payments and adds multiple benefits to banks and payment service, regardless of payment rail. Crunchfish sees potential in Blippit as an integral part of Digital Cash, but it does not warrant a dedicated team or focus. Crunchfish has therefore decided to write down the value of Blippit AB shares on Crunchfish’s balance sheet. Blippit AB is a joint venture between Crunchfish AB and ClearOn AB. Blippit AB has exclusive rights until year-end 2023 to sell Blippit app terminal in relation to mobile payment apps to POS terminals. Blippit app