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Circlys

Circlys

Private

Last Round

Early Funding

Feb 28, 2022

Est. Valuation

$24M

Total Funding Raised

$1.84M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Circlys is a financial software company that operates a digital platform for cooperative savings circles, known as ROSCAs, to help users manage and automate group-based savings.

Sector

FinTech

Verticals

Personal Finance, Digital Identity, Credit Scoring, Digital Payments

Business Model

B2C

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Non-AI

Keywords

rotating savings and credit associationsROSCAssavings circlesdigital savingsfintech platformpersonal financeSharia-compliant financeidentity verificationpayment guaranteemoney circlerotating savingsNAFATHSAMA regulated

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Circlys Comparables

Compare Circlys with similar companies based on industry and business-model similarity.

Circlys comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Hakbah
92%
Money Loop
91%
ElGameya
84%

Circlys Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingFeb 28, 2022
SeedSep 1, 2019

Key People

Founding team and executive leadership

Hussain Alkhars

Co-Founder CIO

Founding Team

Khaled Hassoun

Chief Executive Officer Co Founder

Founding Team

Hanan Alanazi

Chief Operating Officer

Executive Team

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 3, 2026

    Grew 19% QoQ, from 32 to 38 employees.

  • Aug 21, 2026

    Monthly visitors increased 53% MoM, reaching 25.2K.

Circlys Filings

Explore SEC and related filing metadata, where available.

Circlys filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Circlys's valuation, stock price, and market status.

Is Circlys a public or private company?

Circlys is a private company.

What is the current stock price of Circlys?

Circlys is a private company, so its shares have no public market price. Caplight tracks Circlys's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Circlys worth (valuation)?

Circlys's valuation is estimated at $24.0M based on funding round data.

Can I buy Circlys stock?

Circlys shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Circlys's last funding round?

Circlys's most recent funding round was Early Funding on February 28, 2022.

Who are the main investors in Circlys?

Investor information for Circlys is not publicly disclosed.

Will Circlys IPO soon?

No public IPO plans have been announced for Circlys.

How can I track Circlys secondary market activity?

Caplight tracks bids, offers, and trades in Circlys's shares on secondary markets.

Firmographic Details

HeadquartersRiyadh
Employee Range36
Year Founded2017
Last FundingFeb 28, 2022

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