Safello AB

E-money or payment institution · Stockholm, Sweden · overall 4.8 / 10

Open in Bank Index

How this 4.8 is built

Average of 10 scored needs: 4.8. Regulation in Sweden: 96/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Safello AB is recorded in the global register as an e-money or payment institution in Stockholm, Sweden. The register names Finansinspektionen as its regulator and shows the licence as licensed. Established 2013. Collected from open registers.

On its own website: “Sweden’s leading cryptocurrency brokerage with the goal to make crypto accessible to everyone. First North (OMXSTO-SFL)”

Legal name: Safello AB
Regulated by: Finansinspektionen
Licence confirmed: yes, on a regulator's own list
Established: 2013
LEI: 894500QKMN1PCG2V7U40
Website: safello.com

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

6.0Fast digital onboarding

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

6.0Online businesses: e-commerce and SaaS

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Lowest fees

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Fintech companies that need a partner bank

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Startups & VC-backed companies

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.0Cross-border payments, FX and multi-currency accounts

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.0Business cards (Visa, Mastercard)

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

4.0Financial strength & stability

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

3.5Trade, manufacturing & import-export

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

2.0Best interest on business balances

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.