Safello enters into agreement with Finshark for payment services

Stockholm, 11 July 2023 | Today, Safello, the leading cryptocurrency exchange in the Nordics, entered into an agreement with Finshark, a Swedish open banking company providing Safello with payment initiation services for instant payments and payouts. 

As part of Safello's continuous work to solidify its position as a leading cryptocurrency exchange  and mitigate counterparty concentration risks, Safello has further expanded its relationships by entering into agreement with Finshark for payment initiation services. 

Finshark is an open banking company and payment service provider, founded in Sweden in 2019 and licensed as a payment institution under the SFSA (Finansinspektionen). Finshark's commitment to delivering innovative, seamless and compliant financial solutions makes them an ideal partner for Safello. 

“We are happy to announce our partnership with Finshark in order to expand our instant payment alternatives on the platform and to speed up the infrastructure for payouts. With Safello’s goal to make crypto accessible to everyone, we want to enable payment solutions suitable for all our customers. We are continuously evaluating payment solutions in order to ensure an outstanding user experience as well as a strong business continuity,” says Emelie Mortiz, CEO, Safello.  

“The partnership with Safello is exciting for Finshark for many reasons. Safello is the leading cryptocurrency exchange in the Nordics, providing a much appreciated service with high expectations on stability and user-friendliness. Matching those expectations with our payments technology is the foundation for a very interesting partnership.,” says Kristian Sternros, COO and co-founder, Finshark.

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For more information, please contact
Louise Andersson, press@safello.com

Certified Adviser
Amudova AB is Safello’s certified adviser. Phone +46 8 546 017 58. E-mail: info@amudova.se

Safello is the leading cryptocurrency exchange in the Nordics, with over 320,000 users.  The company is empowering financial independence by making crypto accessible to everyone. Safello offers a secure way to buy, sell and store crypto in seamless transactions at industry-leading speeds. Operating in Sweden, Safello has been registered as a financial institution with Finansinspektionen (Swedish Financial Supervisory Authority) since 2013 and is listed at Nasdaq First North Growth Market since 2021. For more information visit www.safello.com.