Sweden · Crypto
Safello AB
Safello AB is a Swedish limited company based in Stockholm. On 13 October 2025 Finansinspektionen authorised it as a crypto-asset service provider under the EU Markets in Crypto-Assets Regulation (MiCA). It is a wholly owned subsidiary of Safello Group AB, whose shares are listed on Nasdaq First North Growth Market. The firm buys, sells, holds and transfers crypto-assets for retail, corporate and institutional customers in Sweden, and in Finland since February 2026.
Licences and registrations
Held by Safello AB (LEI 894500QKMN1PCG2V7U40). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| ESMA interim MiCA register of crypto-asset service providersFinansinspektionen | Crypto-asset service providerCrypto-Asset Service Provider | 894500QKMN1PCG2V7U40 | Sweden | Active | 2025-10-13 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Safello Group AB
Firm type
Crypto exchange or broker
Trades as Safello
- Ownership
- Safello Group AB owns 100% of the firm and is listed on Nasdaq First North Growth Market.
- Direct parent
- Safello Group AB ↗, Sweden 100%
- Head office
- Gamla Brogatan 32, 111 20 Stockholm, Sweden (registered office: Box 638, 114 11 Stockholm, Sweden)
- Company register
- Bolagsverket 556954-4165
- Founder
- Frank Schuil
Online
- Websites & references
- safello.com ↗
app.safello.com ↗ web trading app
help.safello.com ↗ help centre
safello.github.io ↗ developer documentation
careers.safello.com ↗ careers site - Official social accounts
- LinkedIn ↗ · X ↗ · YouTube ↗ · Discord ↗
- Apps
- App Store ↗ · Google Play ↗
Sources · 15 pages consulted
- safello.com
- safello.com/legal/terms
- safello-static.s3.eu-north-1.amazonaws.com/documents/ToS/Terms+of+Service+from+6+November+2025.pdf
- safello.com/legal/custody
- safello.com/about-us
- safello.com/investors/governance
- safello.com/proof-of-reserves
- news.cision.com/safello/r/safello-is-granted-authorisation-under-mica,c4249604
- news.cision.com/safello/r/safello-ab-granted-mica-authorization-and-lays-the-foundation-for-future-growth
- news.cision.com/safello/r/safello-applies-for-authorisation-under-mica,c4131555
- mfn.se/cis/a/safello-group/frank-schuil-is-appointed-as-new-ceo-of-safello-a2106949
- inderes.fi/en/releases/safello-launches-in-finland
- inderes.fi/en/releases/safello-publishes-interim-report-for-the-second-quarter-2026-bear-market-pres
- news.cision.com/safello
- fi.se/sv/publicerat/granskningar/undersokningar/undersokningar-lista/2022/fi-avslutar-penningtv
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
Finansinspektionen authorises the firm as a crypto-asset service provider under MiCA. The authorisation covers transfer, custody and administration of crypto-assets and execution of orders on behalf of clients. The firm says it was registered with Finansinspektionen as a financial institution from 2013. It uses its MiCA authorisation to provide services in Finland. Neither the firm nor its regulator publishes the number of states it is passported to.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Finansinspektionen (Swedish Financial Supervisory Authority) Sweden | Crypto-asset service provider authorisation under MiCA (Regulation (EU) 2023/1114) | 894500QKMN1PCG2V7U40 | In its own name | Active | news.cision.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm says it holds customers' crypto-assets as escrow funds (redovisningsmedel) in wallets kept separate from its own assets, and holds no customer fiat funds.
- Crypto-asset custody
- Held by the firmThe firm holds customers' private keys itself on Fireblocks multi-party computation (MPC) infrastructure. It states that it uses no third-party crypto-asset service provider for custody. It executes orders through liquidity providers named in its order execution policy.
- Payment schemes and card networks
- Swish Through a partner safello.com ↗
SEPA Credit Transfer Through a partner assets.safello.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It runs a crypto-asset brokerage, order-book trading, swaps and a custodial wallet, with payments in SEK and EUR. It also holds public-sector framework agreements for crypto-asset exchange with the Swedish Police Authority and Swedish Customs.
It serves customers in Sweden and, since 3 February 2026, in Finland under its Swedish MiCA authorisation. Its order execution policy also allows institutional customers resident in the EEA.
- Sells to
- Consumers · Small businesses · Enterprises · Financial institutions · Public sector
- Serves customers in 2 countries
- Sweden · Finland
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Frank Schuil CEO and co-founder
- Chair
- Gustav Röken Chairman of the Board (Safello Group AB; appointed chairman of Safello AB in March 2026)
- Chief financial officer
- Mikael Schlaug CFO
- Executive
- Łukasz Chachurski CTO
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Safello Group AB and the firm signed a strategic partnership with Wictor Family Office on crypto-asset custody, including a conditional share subscription right.
inderes.fi ↗ -
Leadership
The board appointed co-founder Frank Schuil as CEO after Emelie Moritz left, and Gustav Röken became chairman.
mfn.se ↗ -
Other
The firm launched its services in Finland under its MiCA authorisation, its first cross-border establishment.
inderes.fi ↗ -
Leadership
Mikael Schlaug took office as CFO, replacing Head of Finance Viktoria Berglund Blohmé.
news.cision.com ↗ -
Licence
Finansinspektionen authorised the firm as a crypto-asset service provider under MiCA.
news.cision.com ↗ -
Licence
The firm applied to Finansinspektionen for authorisation as a crypto-asset service provider under MiCA.
news.cision.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · ESMA-CASP
- 894500QKMN1PCG2V7U40
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Published by the register
- Elucidate firm ID
- 58c034d319ab
Profile
- Type
- CryptoCrypto-asset service providers, virtual-asset trading platforms and stablecoin issuers. Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Crypto-Asset Service Provider
- Activities
- Crypto-assets
- Licensed in
- Sweden · Europe & Central Asia
- First registered
- 2025-10-13
- Website
- www.safello.com ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Safello Group AB · Sweden984500F1A979085BB828 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Box 638 c/o Safello AB, 114 11, Stockholm, Sweden
- Country
- Sweden
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Incomplete: no town published
- The register publishes no town as a separate field. A CBPR+ postal address needs at least a town name (TwnNm) and a country (Ctry).
The LEI record in GLEIF holds a structured legal address.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- ESMA interim MiCA register of crypto-asset service providers—European Securities and Markets Authority (ESMA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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