How it works
Every step of a circle, organized in one place
Preaux coordinates the schedule, the reminders, and the records. The cooperation still comes from the people in your circle.
Name your circle and set its ground rules.
Bring in people you already know and trust.
Pick a contribution level and schedule together.
Everyone can see who receives which round.
A live view of the current round's status.
Nobody has to chase anybody.
Know exactly when your turn arrives.
Completed contributions and payouts stay on record.
No-custody notice — V0.1
Your money stays between circle members
During the V0.1 pilot, Preaux Circles does not hold, custody, pool, or transmit participant money. Participants pay the designated recipient for each round directly, using an agreed-upon external electronic payment method. Preaux never asks participants to send their circle contributions to a Preaux operating account.
FAQs
Questions people ask first
No. In the V0.1 pilot Preaux never receives, holds, pools, or transmits contributions. You pay the scheduled recipient directly using an external payment method, and Preaux records and verifies it.
No. There is no interest, no investment return, and no profit. A circle simply reorganizes the timing of savings that participants already make.
Yes. Receiving your payout does not end your obligations — you continue your scheduled contributions until every member has received one payout.
Up to three active circles, which is the absolute maximum. Before joining Circle #2 or #3, Preaux shows your combined recurring commitment.
No. Circles are independent and Preaux never automatically applies a payout from one circle to obligations in another.
None. Circles begin with a defined group, a defined amount, and a defined schedule. No commissions, no downlines, no new members required for earlier members to be paid.