Safello Subscription Opens up for Public Beta

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Stockholm, 24 August 2021 | Swedish fintech Safello today announced that the development and testing of Safello Subscription is going according to plan and that the company is now moving from its closed private beta programme to open up to external users.

Safello Subscription is an upcoming service that allows customers to purchase cryptocurrency on a recurring basis, where users effortlessly can set up a savings plan in Bitcoin and Ethereum. The service, which is scheduled to be offered to the public in the second half of 2021, began a closed private beta phase in early July 2021.

Safello has entered into a partnership with Open Payments Europe, one of the leading open banking platforms in the Nordic region, to leverage their PSD2 API aggregation.

“We are proud to be able to onboard the first beta testers for Safello Subscription, an in-demand product from our users. In collaboration with Open Payments, we have been able to utilize banks’ open banking infrastructure in order to create a seamless experience for our users,” says Niklas Lundbäck, CPO at Safello.

“We are pleased that Safello has chosen Open Payments as its open banking partner. We look forward to being part of Safello's effort and to support them in their development,” says Louise Brandt, co-founder and CEO at Open Payments.

Beta invitations have gradually been distributed to selected users within the company's official Discord community, starting 23 August, 2021.

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For more information, please contact
Johan Edin, CFO Safello, ir@safello.com

Certified Adviser
Corpura Fondkommission AB, info@corpura.se, +46 722 52 34 51

Safello is an online cryptocurrency brokerage. Registered as a financial institution with Finansinspektionen (Swedish FSA), Safello offers a secure way to buy and sell crypto, in seamless transactions at industry-leading speeds. Partners integrate Safello’s brokerage solution to their web and mobile applications. Operational since 2013 in Sweden, Safello is driving crypto adoption for users, with a safe, efficient and user-friendly platform.

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