Circlys
Circyls is mobile app that help users to join public ones while ensuring authenticity, covers defaults and prevent frauds
Business Model:
Revenue: $0
Employees: 1-10
Industries / Tags:
Detailed Circlys Information
Geographic Data
Address: Al Murooj Dist
City: Riyadh
State: riyadh
Zip: 11212
Country: SA
Financial Info
Stage:
equity crowdfunding
Raised Last:
$1M
Raised Total:$1M
Social
Metrics
2,295,794Website Global Rank
8,184Website Monthly Traffic
Twitter Followers
Description
Circlys is a fintech established and operating in Saudi Arabia since 2017 is focus currently on providing public roscas (rotating credit and saving associate) for members who needed to join a circle and does not have private circles around then and its revenue comes from subscription fees based on the slot (month and value of contribution ) selected, it approved by SAMA (Saudi Arabia central bank) and has placed a strong risk-based framework to onboard customers with different risk profiles which might not profitable or targeted by traditional financial insinuations while keeping default rate within the industry average.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2019 | Seed Round | 1 | - |
Scopeer Scopeer |
3/2022 | Equity Crowdfunding | $1.3M | 4/2018 | Pre Seed Round | $54k | 2/2022 | Equity Crowdfunding | $1.3M | 9/2019 | Equity Crowdfunding | 1 | $399.9k |
Ahmed Alzalabani Ahmed Alzalabani |
9/2019 | Seed Round | 1 | - |
Scopeer Scopeer |
|---|
| Announced Date | Name | Price |
|---|
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