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February 17, 2014 06:48 pm GMT

Aiming To Be The Coinbase of Europe, Swedens Safello Raises Investment Cash

Screen Shot 2014-02-17 at 13.46.30Billing itself as the "Coinbase of Europe" Sweden based Bitcoin company Safello has raised a $600,000 investment round lead by Bitcoin advocates Erik Voorhees (co-founder of the Bitcoin company Coinapult) and Roger Ver (Angel Investor & Bitcoin evangelist), and participated in by Blockchain.info CEO Nicolas Cary and angel investors Victor & Victor. The startup has also redesigned its site for usability to position itself as 'safest way into Bitcoin'. The startup plans to go up against major competitors in the shape of Kraken, Bitstamp, Coinbase, and BTC-E.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2JsKNpPCHzQ/

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