Announced
Completed
Financials
Sources
Tags
Majority
Payments / Commerce
Completed
Private
Acquisition
Friendly
Sweden
Single Bidder
cryptocurrencies
Private Equity
Cross Border
Synopsis
DCG, Northzone and White Star Capital-backed Safello, a Swedish fintech firm, completed the acquisition of Bitcoin.se, an educational portal on cryptocurrencies. Financial terms were not disclosed. "David has been a strong advocate for the Swedish cryptocurrency market. In the past, he led the court case that set the regulatory framework for cryptocurrencies on VAT for the EU, an effort Safello at the time sponsored. Our collaboration has extended over the years and we share the values and objectives of David and Bitcoin.se. We are excited for David to continue his journey together with Safello," Frank Schuil, Safello CEO.
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