Safello
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About
Founded in July 2013 Safello set out to bring greater compliance and security to the Bitcoin industry. Its user-friendly approach has since attracted thousands of customers throughout Europe with an easy way to get into Bitcoin. Today Safello supports direct payments in 32 countries and payment methods like Swish, bankgiro, SEPA and international wire. With tens of millions of SEK, Euro and GBP in and out of Bitcoin processed, Safello is leading the crypto currency revolution in Europe. Our backers include the largest blockchain fund in the world, Digital Currency Group, and Safello closed a crowdfunding round in 2015 that was oversubscribed within a week. Safello is a Techstars alumni, nominated "best crypto currency company" by Techcrunch' The Europas twice, winner of the Websummit Angel Awards, Finalist of the BBVA Challenge 2015 and the first company to close a Bitcoin proof-of-concept with a tier I bank, Barclays.
Safello is a way to buy bitcoins for first time bitcoin buyers. Safello delivers a transaction platform with Nasdaq level security.
Focus
PRODUCTS & SERVICES
Safello App for Bitcoin trade
REVENUE MODEL
Company makes money by charging 3% on each trade.
MAIN CLIENTS
Retail investors
EXISTING PARTNERSHIPS
Coinsetter
Jumio
Blockchain
Coinapult
Handelsbanken
KnCMiner
Traction
VALUATION / MARKET CAP:
$790 K in 2015
NUMBER OF TRANSACTIONS:
6 M
TRANSACTIONS VALUE:
$1 M
ACTIVE USERS:
0.0200
People
FOUNDERS
Frank Schuil
Joakim Johansson
BOARD MEMBERS AND ADVISORS
Frank Schuil
Jacob Jacobsson
Ulrika Axelsson & Roger Ver
NUMBER OF EMPLOYEES
1-10
INVESTORS:
Momentum
FUNDED
NO
TOTAL FUNDING
$970 K
DATE OF LAST FUNDING
Jul 2016
SEED & PRIOR FUNDING
$970 K
SEED CLOSED ON
Mar 2015
LISTED
NO
COMMENT
Equity Crowdfunding: $283862(July 2016)
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