Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
First Circle Capital is a venture capital fund that specializes in investing in FinTech companies across Africa. Founded by experienced entrepreneurs and operators, the firm is dedicated to supporting founders who are building transformational companies. The organization emphasizes financial inclusion and aims to provide not only capital but also knowledge and access to valuable networks. As a female-founded fund, First Circle Capital actively promotes women's roles in technology, aligning with broader initiatives to enhance diversity in the tech sector.
Currently, First Circle Capital manages a portfolio of 15 companies, focusing on pre-seed and seed stage investments. The fund's commitment to financial inclusion drives its investment strategy, aiming to catalyze additional capital from its extensive network. The firm is based in Africa and has established itself as a key player in the region's FinTech landscape.
First Circle Capital focuses on pre-seed and seed stage investments in FinTech companies across Africa. The fund seeks to back visionary founding teams with unique propositions that can catalyze additional capital from its extensive network. By emphasizing the importance of financial inclusion, First Circle Capital aims to drive positive societal impact through the digitization of financial services. The firm looks for founders who demonstrate significant vision and the ability to execute their ideas effectively.
Investment checks typically range from early-stage funding to amounts that can support initial growth phases. The firm prioritizes sectors that enhance financial accessibility and innovation, ensuring that its portfolio aligns with its mission of promoting financial inclusion. First Circle Capital's investment strategy is designed to create a ripple effect, where successful portfolio companies can further attract investment and contribute to the broader economic landscape.
First Circle Capital's portfolio includes 15 notable FinTech companies, each contributing to the advancement of financial services in Africa. Key portfolio companies include:
This diverse portfolio reflects First Circle Capital's commitment to enhancing financial services and promoting financial inclusion across the continent.
Selma Ribica: Co-Founder & Managing Partner. Selma has extensive experience in the FinTech sector and has led multiple successful ventures.
Agnes Aistleitner Kisuule: Co-Founder & Managing Partner. Agnes brings a wealth of knowledge in entrepreneurship and investment strategies.
Ming S. Kwan: Head of Portfolio. Ming specializes in portfolio management and has a strong background in financial services.
Rob Smith: Principal & Head of Operations. Rob oversees operational strategies and has experience in scaling startups.
Zach Hokfelt: Chief of Staff. Zach supports the management team and coordinates various initiatives within the firm.
Prosper Atukwatse: Senior Investment Analyst. Prosper focuses on evaluating investment opportunities and conducting market research.
Jack Knellinger: Strategic Advisor. Jack provides insights on strategic growth and market positioning.
Paola Ravacchioli: Strategic Advisor. Paola offers expertise in financial services and investment strategies.
Samantha Ghiotti: Strategic Advisor. Samantha specializes in operational support and scaling businesses.
Andi Dervishi: Strategic Advisor. Andi provides guidance on technology trends and innovation in the FinTech sector.
To pitch First Circle Capital, founders should use the contact form available on their website or email team@firstcircle.capital. It is important to include a comprehensive business plan, financial projections, and details about the founding team. The firm typically responds within a few weeks, but response times may vary based on the volume of inquiries.
As of March 2026, First Circle Capital has been actively building its portfolio, which currently includes 15 notable FinTech companies. The firm emphasizes its commitment to supporting transformative financial solutions across Africa. No recent blog activity has been detected, but the firm continues to engage with the FinTech community through various initiatives.
What are First Circle Capital's investment criteria?
First Circle Capital invests in pre-seed and seed stage FinTech companies across Africa. The firm seeks visionary founding teams with unique propositions that can catalyze additional capital from its network.
How can I apply or pitch to First Circle Capital?
Founders can pitch to First Circle Capital through their website at firstcirclecap.com or by emailing team@firstcircle.capital. It is advisable to include a detailed business plan and financial projections in the pitch.
What makes First Circle Capital different from other venture capital firms?
First Circle Capital is female-founded and actively promotes women's roles in technology. The firm emphasizes financial inclusion and societal impact, aligning its investments with broader economic goals.
What is the geographic scope of First Circle Capital's investments?
The firm focuses exclusively on FinTech companies operating in Africa, aiming to support the region's financial services landscape.
What kind of post-investment involvement can portfolio companies expect?
First Circle Capital provides not only financial support but also strategic guidance, industry expertise, and access to a robust network of partners and investors to its portfolio companies.
What is the typical check size for investments?
While specific check sizes are not disclosed, First Circle Capital focuses on early-stage funding that supports the growth of pre-seed and seed stage companies.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.