Exclusive: An Interview with Frank Schuil of Safello
Recently, we had an opportunity to interview Frank Schuil, the CEO and founder of Safello. Frank is a seasoned entrepreneur who has founded numerous and guess what, he is/has been a rapper too! Safello is a leading bitcoin platform based out of Sweden. Safello offers a unique exchange and wallet service to its customers. People can buy, sell or store bitcoins on the platform. We asked Frank a set of questions about Safello, and future of bitcoin, and this is what he had to say. Gautham: Can you please tell us a bit about Safello? Frank: Safello was founded in July 2013. Since then, it has....
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Sweden and the UK have come together over their love of bitcoin. Swedish bitcoin exchange Safello is partnering with a British bank to offer local deposit options for UK-based accounts. While the company's CEO and co-founder Frank Schuil says he is unable to reveal the name of the financial institution at this time, he mentions that the bank is fully aware of Safello's dealings in bitcoin. The partnership is being labeled as a huge step forward as not only have most bitcoin startups been forced to bank elsewhere, but most banks are particularly reluctant to associate themselves with....
Swedish-based bitcoin exchange Safello has announced a new banking partnership that will see it add local deposit options for UK customers. The firm says the move opens up the "underserved" British market for bitcoin buying and could spark a "wave of interest" in the digital currency. Thanks to its new arrangement, Safello now supports payment methods including CHAPS, BAC and Faster Payments - the latter of which is free for standard UK bank accounts and takes around two to three hours to transmit funds. Frank Schuil, Safello's CEO and co-founder, told CoinDesk: "Hopefully we are at the....
Swedish bitcoin exchange Safello has launched a new service for charities that enables them to easily create free fundraising campaigns. The exchange says the new pages offer a new way of donating money that allows charities to receive 100% of donated funds. All donations show up in real-time in the transaction stream and the funding goal is updated automatically. Safello says the new service will enable small, local charities to create a global fundraising campaign in mere minutes. Free fundraising tool. Frank Schuil, co-founder and CEO of Safello said the new donation pages demonstrate....
Safello is now allowing users to request invitations to its newly launched bitcoin wallet service. For the release, the Sweden-based bitcoin services company will leverage Blockchain's API, though its wallet service will build upon Blockchain's basic offering, adding an additional social layer that will allow users to easily search for other users with whom they've previously transacted. The news was released during a panel session at Sthlm Tech Fest, a Sweden-based conference featuring top talent from the payments world such as Stripe and iZettle alongside bitcoin companies such as....
Bitcoin exchange Safello will unveil Sweden's first bitcoin ATM next week, after announcing their work on the Lamassu machine just three weeks ago. The ATM will be on display next Monday at Stockholm's STHLM TECH Meetup - converting users' cash into bitcoin and depositing it in their wallet addresses. For now, the machine is operating in Safello's office while the company puts the finishing touches to its service. It will move to a more permanent location soon. "We are in discussion with a big mall in the centre of Stockholm. We aim to cooperate with them for the first ATM deployment,"....