Safello
Safello is a Swedish-regulated cryptocurrency brokerage serving over 425,000 Nordic investors with 24/7 trading across multiple digital assets. The platform enables account creation in under 60 seconds via Mobile BankID, uses Fireblocks MPC-technology for institutional-grade wallet security, and offers an Auto-Save feature for automated recurring purchases at reduced fees.
- Blockchain & Cryptocurrency
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Traditional financial systems exclude individuals without bank accounts and rely on centralized authorities that control access and transaction validation. Cryptocurrency trading platforms often suffer from complex onboarding, limited availability, and security concerns that deter mainstream adoption.
Solution
Safello operates a secure online cryptocurrency brokerage registered with the Swedish Financial Supervisory Authority, enabling Nordic investors to buy, sell, and store digital assets. The platform leverages Fireblocks MPC-technology for institutional-grade wallet security and supports instant account creation through Mobile BankID. Users can trade 24/7 across multiple cryptocurrencies with industry-leading transaction speeds, while the Auto-Save feature allows automated recurring purchases at reduced fees. Safello has been listed on Nasdaq First North Growth Market since 2021 and has served the Swedish market since 2013.
Target Audience
Primary customers are Nordic retail investors seeking a regulated, user-friendly platform for buying, selling, and automatically saving in cryptocurrencies.
Features
- 24/7 trading across multiple cryptocurrencies with live market data and price tracking
- Instant account setup in under 60 seconds using Mobile BankID authentication
- Fireblocks MPC-technology for secure digital asset custody
- Auto-Save feature enabling automated recurring crypto purchases at lower fees than single transactions
- Registered financial institution with the Swedish FSA and compliant with MiCA licensing
- Swish payment integration for simple and fast fiat-to-crypto transactions