About circlys app

About company

Circlys is a leading fintech established and operating in Saudi Arabia since 2017 is focus currently on providing public roscas (rotating credit ans saving associate) for members whom needed to join a circle and does not have have private circles around then and it 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 a traditional financial insinuations while keeping default rate within industry average.