Crunchfish joins a critical new partnership with the goal of enabling mobile operations and services in Africa with financing, telecommunications network infrastructure and disruptive technologies using an Anything-as-a-service mindset. Crunchfish AB has today signed a Memorandum of Understanding with Socio ApS, the Danish management and investment firm behind the partnership, for the potential financing of Crunchfish.
The objective of this partnership is to enable digital infrastructure across Africa to bridge critical gaps by enabling mobile services with disruptive telecommunications infrastructure and technologies, provide cost structures, business cases much better use and quality. The mindset is Anything-as-a-service to enable enterprises and entrepreneurs to enter the mobile telecommunications industry with very little CAPEX.
The partnership includes mobile telecommunications group Eferio Communications A/S, telecommunications network provider Radiocloud AB, mobile antenna pioneer Radio Innovation AB and offline payments pioneer Crunchfish AB.
The management and investment company behind this partnership is Socio ApS, which in turn is partnering with Revenue Share Capital, to provide funding, subject to due diligence, through equity investments. and non-dilutive revenue sharing models, to enable mobile operations and services. in Africa and other emerging markets.