Safello Group AB (publ)

To make cryptocurrencies accessible to everyone in a safe, easy, and secure way while driving adoption of the decentralized economy.

Sweden's leading cryptocurrency brokerage, Safello has been making digital assets accessible since 2013. The platform serves over 425,000 Nordic investors through mobile and web apps that handle buying, selling, and storing cryptocurrencies like Bitcoin and Ethereum. Listed on Nasdaq First North Growth Market since 2021, Safello operates as a registered financial institution under the Swedish Financial Supervisory Authority. Beyond retail services, the company offers institutional APIs and custody solutions, plus a "Crypto-as-a-Service" infrastructure that lets other financial institutions integrate digital asset brokerage into their own platforms. Security runs deep here — they use Fireblocks MPC technology for wallet protection and integrate with BankID for authentication.

Products

The core platform handles crypto trading through mobile and web apps, integrated with Swish payments and BankID authentication. Users can buy, sell, store, and swap cryptocurrencies through the Safello Wallet, which uses Fireblocks MPC technology. For institutions, Safello provides APIs for trading, settlement, and liquidity management, plus custody solutions. The company also offers "Crypto-as-a-Service" infrastructure and has expanded into financial products like exchange-traded products (ETPs).

Funding

Safello has raised approximately $1.43-6 million across multiple rounds, with backing from Techstars, Northzone, and White Star Capital. The company went public on Nasdaq First North Growth Market in 2021. As of March 2026, market cap sits around 71.57 million SEK with trailing twelve-month revenue of 810.24 million SEK. Recent activity includes a June 2026 partnership with Wictor Family Office, granting them rights to invest SEK 10 million contingent on hitting specific custody service targets.

Recent news

In June 2026, Safello announced a strategic partnership with Wictor Family Office to provide crypto custody services, which includes a conditional right for Wictor Holding to invest SEK 10 million in Safello Group. Additionally, in early June 2026, Safello's TAO ETP was cross-listed on Euronext Paris, and the company entered a six-month pilot partnership with Fuels Capital to act as the custodian for bitcoin-backed loans.

Technology

Backend runs on Java Spring Boot with SQL databases and AWS cloud infrastructure. The architecture uses microservices designed for high-transaction, high-availability systems. CI/CD pipelines are core to the workflow, and the team works with blockchain integrations and OAuth2 for API security. Frontend uses React Native for mobile apps, while security integrations include BankID and Fireblocks MPC technology for wallet protection.

Benefits

Work fully remote with CEST timezone overlap, or visit the Stockholm office with its own barista and weekly fika. Choose between a flexible B2B contract with scheduling autonomy and Swedish public holidays off without deductions, or a competitive salary with 30 days annual leave. The company provides all necessary hardware and software tools, plus a 5,000 SEK annual health contribution. Benefits include comprehensive pension and insurance coverage that extends to mental health services like psychology sessions.