Swedish Bitcoin Startup Safello Gets $600K Investment
Swedish bitcoin startup Safello has reportedly received $600,000 in investment capital from Coinapult co-founder Erik Voorhees, bitcoin advocate and angel investor Roger Ver, Blockchain.info CEO Nicolas Cary, and angel investment outfit Victor & Victor. The company, which we've reported on previously, will use the investment cash to grow their position in Europe, and will take other bitcoin start-ups like Coinbase, Kraken, and Bitstamp head-on. To do that, Safello has started by redesigning their website for ease of use, and they've also registered with the Financial Supervisory Authority....
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Swedish bitcoin exchange Safello has secured a $600,000 investment that it hopes will push it into the wider European market. The exchange, which launched its service last August, can now count bitcoin luminaries Erik Voorhees and Roger Ver among its investors. Safello, which also saw Blockchain.info CEO Nicolas Cary invest, is currently revamping its website, and promises a range of new services in the coming months. The startup has worked hard to establish credibility in the fledgling bitcoin exchange market, signing deals with at least two major banks, and also negotiating with the....
If you needed more proof that their is a ton of growth going on in the bitcoin exchange community, here's something else to convince you. Swedish bitcoin exchange Safello has announced an investment of $250,000 from the Bitcoin Opportunity Corporation, started by Barry Silbert, CEO of both SecondMarket and the Bitcoin Investment Trust. "In a very short period of time, the Safello team has created a leading European platform for buying, storing and selling bitcoin," said Silbert in a press statement. "Their user and transaction growth is accelerating and I'm thrilled to join a group of....
Swedish bitcoin exchange Safello is making the push to establish itself as Europe's leading bitcoin exchange with direct payments now available from 86 European banks in 11 countries. Safello is using the instant SOFORT payment system, meaning there will be no need to wait for an international bank transfer to be cleared into the company's accounts. "The only way many people were able to buy bitcoin before was via an international bank transfer. But now they can simply do an immediate payment," Ludvig Öberg, Vice President of Product Development told CoinDesk. "As soon as we get your....
Swedish bitcoin exchange Safello has received $250,000 in new funding from the Bitcoin Opportunity Corp (BOC). Safello made the announcement at the CoinSummit conference in London today. Notably, the financing is the BOC's largest investment outside of the US yet. The new funds are anticipated to allow the Stockholm-based company to increase its marketing efforts across Europe and roll out new products and features faster. As a result, the BOC's chief executive and founder, Barry Silbert, expects to see Safello's customer and transaction volume growth accelerate, he said in an interview....
ICBIT has been on the company’s radar for quite some time now. Among the services offered are futures products such as the Bitcoin price rate against USD, and LTC. Most people know Safello as a Swedish Bitcoin exchange platform. With their quick deposit and withdrawal functionality, the company has become a rising star in the cryptocurrency world. But Safello is looking to expand their offerings, as they acquired Assets BT Technology Inc. This crypto futures exchange platform was founded a few years ago, and services 12,000 customers to date. Not too long ago, the Swedish Bitcoin exchange....