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Circyls: Funding, Investors & Team (Sep 2026)

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.

circlys.com LinkedIn Riyadh, Saudi Arabia 1-10 employees
FinTech Mobile Apps Predictive Analytics
Total raised
$1.3M
Rounds
1
Latest
Equity Crowdfunding
Mar 2022

Circyls has raised $1.3M across 1 funding round on record, the most recent an Equity Crowdfunding of $1.3M announced in Mar 2022.

That round is below the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Circyls Company Profile and Key Stats

Total funding raised
$1.3M
across 1 round on record
Funding rounds on record
1
Latest funding round
Equity Crowdfunding
$1.3M in Mar 2022
Employees
1-10
reported band
Headquarters
Riyadh, Saudi Arabia

Latest funding round on record: Mar 2022.

Circyls Funding Rounds

Date
Round
Amount
Equity Crowdfunding
$1.3M

Circyls Founders and Leadership Team

Name
Role
Contact
Khaled Hassoun
CEO
Locked

Contact details for the Circyls team: 1 of 1 has an email address on file.

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Circyls Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
237
$4.3M

Circyls' latest round of $1.3M is below the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Circyls Funding FAQs

What does Circyls do?

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.

How much funding has Circyls raised?

Circyls has raised $1.3M across 1 round on record. The most recent is an Equity Crowdfunding of $1.3M announced in Mar 2022.

When did Circyls last raise funding?

Circyls' most recent funding round on record is an Equity Crowdfunding of $1.3M, announced in Mar 2022.

Who is the CEO of Circyls?

Khaled Hassoun is listed as CEO at Circyls.

Where is Circyls headquartered?

Circyls is based in Riyadh, Ar Riyad, Saudi Arabia.

How many employees does Circyls have?

Circyls is in the 1-10 employee band.

How does Circyls' funding compare to other Apps startups?

Circyls' latest round of $1.3M is below the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Circyls Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Circyls is left off this page rather than filled in.

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