Bitcoin company Safello selected to be one of ten start-ups to join the Barclays Accelerator powered by Techstars
Safello First Bitcoin Exchange to Be Accepted to the Program
23 MARCH 2015, LONDON, UNITED KINGDOM
SummaryAfter a selection process going from hundreds of applications down to the final 10 selected companies, Safello made the cut to join the Barclays Accelerator. Over the next 13 weeks, Safello will work closely with Techstars and Barclays mentors to hone strategy, build customer traction, and develop potential partnerships. This marks the first time that a Bitcoin company has been accepted to the program.
Greg Rogers, Managing Director of Techstars, explains:
“We are very excited to have Safello join the incoming cohort. We have been very impressed with Safello’s management team and traction to date. We look forward to working with them to not only accelerate their trajectory but also to help further develop Bitcoin as an innovative technology in fundamentally changing how consumers interact with financial services.”
Frank Schuil, CEO & Co-Founder Safello: "Our team is impressed with the forward-thinking mentors behind this world-class Techstars program. We are very excited to get the opportunity to join the Barclays Accelerator to explore ways to expand our platform.”
The Barclays Accelerator powered by Techstars program starts the 23rd of March and finishes the 22nd of June with a public demo day. Participants are relocating to the London Escalator offices in Whitechapel for the duration of the program.
Founded in July 2013 Safello set out to bring greater compliance and security to the Bitcoin industry. Its user friendly approach has since attracted thousands of customers throughout Europe with an easy way to get into Bitcoin. Today Safello supports 32 countries in Europe with direct payments and other payments such as SEPA, Bankgiro, Swish and International Wire. With tens of millions of SEK, Euro and GBP in and out of Bitcoin processed, Safello is leading the crypto currency revolution in Europe.
About the Barclays Accelerator in London:
The Barclays Accelerator, powered by Techstars, is a 13-week intensive start-up programme of networking, mentoring and development, aimed at supporting breakthrough fintech innovations. Based at the London Escalator, it gives start-ups and entrepreneurs the optimum environment to thrive, with the opportunity to network with and learn from likeminded individuals.
"We look forward to working with Safello to not only accelerate their trajectory but also to help further develop Bitcoin as an innovative technology in fundamentally changing how consumers interact with financial services." Greg Rogers, Managing Director Techstars
"We are very excited to get the opportunity to join the Barclays Accelerator to explore ways to expand our platform." Frank Schuil, CEO & Co-Founder Safello