3 years ago

Circlys Secures $1.33 Million to Digitize Money Circles in Saudi Arabia

  • Circlys, a Saudi Arabian money-circle platform, has raised $1.33 million in a crowd-equity funding round led by Scopeer

  • The funding values the company at $24 million post-money

  • Circlys plans to use the funds to support its expansion plans, open a new headquarters, and attract more employees.

      • ProblemFinancial Services

      "Circlys solves the problem of financial circles, providing a digitized process for collecting and distributing associations, ensuring a guaranteed service and better control over the selection of subscription times, payment, and withdrawal of funds."

      Solution

      "Circlys provides a solution for financial circles, digitizing the process of collecting and distributing associations and providing a guaranteed service to subscribers and better control over the selection of subscription times, payment, and withdrawal of funds."

      Covered on