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Safello Announces Partnership with Crypto Tax Service Provider Divly

Stockholm, 14 March 2022 | Sweden's leading crypto broker Safello (https://safello.com/) today announced it is launching a partnership with tax service provider Divly (https://divly.com/), to offer its users a seamless process to calculate taxes and handle tax reports in relation to their cryptocurrency transactions. The integration with Divly makes the tax declaration process easy and convenient for users by providing them with a tool to obtain income statements and also fulfills Safello's commitment to increase the percentage of people who declare tax on their crypto transactions, which in 2021 was reported to be only 3000 (https://www.svt.se/nyheter/ekonomi/fa-skattar-pa-kryptotillgangar-stort-morkertal-eller-finansmarknadsministern-vill-reglera-kryptotillgangar-hardare) people. Safello users who create an account with Divly will be given a 30% discount* on the yearly fee for the tax service. 

"With tax season coming up we want to provide our users a helping hand in filing their taxes. The integration with Divly streamlines this process. We've been impressed by their effort to build out a tax solution that is both user friendly and compliant," says Frank Schuil, CEO and co-founder of Safello. 

"The automated Safello integration in Divly is the most elegant solution we've built to date. Safello's API utilizing BankID makes it remarkably easy for Safello customers to import their transaction history into Divly and download a localized crypto tax report." says Carl Gärdsell, CEO and co-founder of Divly.

The integration is also the first of its kind where an external party developed against Safello's API. Apart from being a technical innovation, it highlights the effectiveness of the affiliate business model.

Frank Schuil expands: "As we highlighted in our Q4 earnings call, we see a great opportunity to leverage Safello Partner to integrate with third parties. Historically this has been a one way street of enabling crypto functionality for major crypto wallets, a web browser and other crypto websites. We realized that as the market leader in Sweden with more than 250,000 users we can deliver distribution to partners as well. This kind of innovation benefits our end users and partners and we welcome future integrations of this kind."

The Divly integration will be live today on 14 March. More information on how to get started can be found on safello.com/taxes (http://www.safello.com/taxes).

*Discount applies to 8 March 2024.

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For more information, please contact
Evelina Appelskog, PR & Communications Manager, evelina.appelskog@safello.com

Certified Adviser
Corpura Fondkommission AB, info@corpura.se,+46 722 52 34 51

Safello is Sweden's leading online cryptocurrency brokerage with the goal to make crypto accessible to everyone. Safello offers a secure way to buy, sell and store crypto in seamless transactions at industry-leading speeds. Operating in Sweden, Safello has been registered as a financial institution with Finansinspektionen (Swedish Financial Supervisory Authority) since 2013 and is listed at Nasdaq First North since 2021.

Divly is a Swedish startup providing an automated software solution that helps people calculate, track, and declare their cryptocurrency taxes. Divly is available in multiple countries and supports a growing number of wallets and exchanges.

Source: Cision
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