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Safello Partnership Enables Direct Crypto Purchases From Users' Bank Accounts
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Updated May 9, 2023, 3:16 a.m. Published Feb 18, 2021, 12:54 p.m.
Cryptocurrency exchange Safello has teamed up with payments platform Klarna to bring open banking services to customers.
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- Sweden-based Safello announced Wednesday the new partnership allows its "more than 180,000" users to directly purchase cryptocurrencies from their bank accounts.
- Klarna has access to more than 5,000 banks in 18 countries across Europe and uses a single API that complies with EU open-banking regulations, according to Klarna's website.
- “Klarna shares our vision of offering a superior user experience without compromising security and compliance," said Frank Schuil, CEO of Safello. "Besides, open banking is an exceptionally exciting area that will play a key role in our future plans."
Read More: Bitcoin Exchange Safello Raises $1.3M for Planned 2021 IPO
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