Safe{Wallet}
Berlin multisig smart-account wallet for teams, with euro plans from EUR 189 a month
Quick Overview
| Company | Safe Labs GmbH |
|---|---|
| Category | Crypto Wallets |
| Headquarters | Berlin, Germany |
| Founded | Not stated |
| EU Presence | Yes - Germany (EU) |
| Data Location | not stated on the pages we read |
| Open Source | Not stated on the pages we read |
| GDPR Compliant | Yes (EU entity) |
| Self-Hosting | No |
| Main Features | Multisig smart accounts, Safe{Mobile}, Safe{API}, Safe Shield transaction checks, shared address book, activity log, transaction simulation, gas sponsoring in higher plans |
| Pricing | Safe Pro Starter EUR 189 a month excl. VAT (2 Safe accounts, 30-day free trial), Business from EUR 669 a month (5 to 20 accounts), Enterprise custom; annual billing saves about 10% |
| Best For | DAOs, treasuries and teams that need several signers for each transaction |
| Replaces | MetaMask for shared treasuries |
Detailed Review
Safe Labs GmbH, registered at Unter den Linden 10 in Berlin (Amtsgericht Charlottenburg, HRB 270980 B), operates Safe{Wallet}. The Safe site describes it as the original multisig wallet for secure self-custody, built on the Safe Smart Account since 2017.
Safe{Wallet} solves a different problem from MetaMask. Several signers approve each transaction, which suits company treasuries and DAOs more than individuals.
What does Safe Pro cost?
The Safe pricing page lists Starter at EUR 189 a month excl. VAT for 2 Safe accounts with a 30-day free trial. Business starts from EUR 669 a month for 5 to 20 Safe accounts, and Enterprise is priced on request.
The page states that all prices are in euros and exclude VAT, and that annual billing saves about 10%.
What does the product include?
Safe lists Safe{Wallet}, Safe{Mobile} for tracking and signing on the go, Safe{API} for developers, and Safe Shield for real-time transaction protection. Plans add a shared address book, an activity log and two-factor authentication.
Basic threat analysis from the Safe Shield copilot is marked free for everyone.
What do the Safe claims mean?
The Safe homepage states more than 1 trillion dollars in transaction volume, 60 billion dollars in assets and 60 million accounts. We could not verify these figures.
The terms say Safe Labs is not the legal successor of Core Contributors GmbH, which is useful context if you track the company's history.
Limitations to Consider
Safe is built around shared control, so a single user gets little benefit and every transaction needs more than one approval. The pages we read do not say whether the basic app is free, and the paid plans start at EUR 189 a month. Hosting location and open-source status were not stated on the pages we read. The structure around the Safe Foundation was not explained. For personal use see Coinomi.
Who Should Use Safe{Wallet}
Teams, DAOs and treasuries that need approvals from several signers.
Pros and Cons
Pros
- Berlin GmbH with a commercial register number
- Public euro pricing for Safe Pro
- Multisig approvals for each transaction
- Mobile app and API available
- Transaction simulation on every plan
Cons
- Paid plans start at EUR 189 a month excl. VAT
- Little value for single users
- Open-source status not stated on the pages we read
- Foundation structure not explained
Alternatives to Safe{Wallet}
Other European crypto wallets worth comparing before you decide:
See all European crypto wallets or compare them directly against MetaMask for shared treasuries on our alternatives page.
Frequently Asked Questions
Safe Labs GmbH, registered in Berlin under HRB 270980 B, operates Safe{Wallet} and issues its terms.
Starter costs EUR 189 a month excl. VAT for 2 Safe accounts, and Business starts from EUR 669 a month for 5 to 20 accounts.
Safe is designed for shared control, so a single person usually gains little. Teams that need several approvals gain the most.