About SafePal
SafePal is a company based in Singapore (Singapore) founded in 2018 by Veronica Wong.. SafePal offers products and services including S1 Hardware Wallet, S1 Pro Hardware Wallet, X1 Hardware Wallet, SafePal App, and Cypher. SafePal operates in a competitive market with competitors including SubWallet, Zelcore, Talisman, Glow and Totalcoin, among others.
- Headquarter Singapore, Singapore
- Founders Veronica Wong
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$7.26 M (USD), Token Sale
Feb 08, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of SafePal
SafePal offers a comprehensive portfolio of products and services, including S1 Hardware Wallet, S1 Pro Hardware Wallet, X1 Hardware Wallet, SafePal App, and Cypher. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Safeguards crypto assets with air-gapped security for experienced users.
Enhanced air-gapped wallet for improved crypto asset protection.
Open-sourced Bluetooth wallet for easy crypto management.
Mobile app for buying, selling, and managing crypto assets securely.
Protects seed phrases against environmental damage.
Provides premium protection for hardware wallets.
Funding Insights of SafePal
- Total Funding Total Funding
- Total Rounds 1
- Last Round Token Sale — $7.3M
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First Round
First Round
(08 Feb 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Token Sale - SafePal | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by SafePal
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SafePal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Safepal Comparisons
Competitors of SafePal
SafePal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SubWallet, Zelcore, Talisman, Glow and Totalcoin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform providing desktop and mobile-based hot wallet solutions
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| domain | founded_year | HQ Location |
Non-custodial wallets for cryptocurrencies are offered via online platform.
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| domain | founded_year | HQ Location |
Web3 wallet that unlocks a universe of applications in Polkadot and Kusama
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| domain | founded_year | HQ Location |
Glow is developed as a user-friendly Solana cryptocurrency wallet.
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| domain | founded_year | HQ Location |
Operates a secure platform for multi-cryptocurrency wallet management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Safepal
Frequently Asked Questions about SafePal
When was SafePal founded?
SafePal was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is SafePal located?
SafePal is headquartered in Singapore, Singapore.
Who is the current CEO of SafePal?
Veronica Wong is the current CEO of SafePal. They have also founded this company.
What does SafePal do?
SafePal was established in 2018 in Singapore as an online platform focused on cryptocurrency wallets. Digital assets are secured and managed through its offerings, which include a mobile app, hardware wallet, browser extension, cypher seed board, and leather case. Operations center on providing tools for crypto storage and transactions in the fintech sector, with a base in Singapore serving global users.
Who are the top competitors of SafePal?
What products or services does SafePal offer?
SafePal offers S1 Hardware Wallet, S1 Pro Hardware Wallet, X1 Hardware Wallet, SafePal App, and 2 more products and services.