Circlys | سيركليز

Circlys is an innovative application designed to streamline the process of participating in and managing collective financial circles, known as Roscas. This digital facilitator offers a secure and legally bound environment for individuals to join or create public and private savings groups.

For those looking to join existing public circles, the platform provides a seamless reservation process, with new opportunities opening on a monthly basis to match a variety of needs. A critical step in the joining process is the completion of a KYC form within a maximum of 72 hours, ensuring the credibility and safety of all members. Failure to comply with this process results in disqualification and a refund of any fees paid.

This application stands out by offering a robust safety net. If a participant ceases payments, it ensures continuity by covering their contributions to prevent delays for other members. It also retains the authority to pursue legal actions against defaulting participants, potentially requiring a power of attorney to facilitate such proceedings.

Private circles, often comprising friends or family, benefit significantly from the organizational tools offered by the system. Users can effortlessly import contacts to the circle, receive timely payment notifications, and access neatly organized financial tables. The software provides essential information for smooth bank transfers, maintaining transparency and security for all members. For added legal assurance, private circle members have the option to purchase additional packages, resulting in a legally binding contract to safeguard everyone's rights.

The game revolutionizes the management of financial circles, merging trust, legal security, and user-friendliness into one platform, making the handling of such financial communal activities hassle-free and reliable.