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First Circle Capital

firstcirclecap.com · Casablanca, Morocco and Kampala, Uganda · founded 2021 · team 23+ (2 Founders/Managers, 1 Head of Portfolio, 1 Principal, 1 Chief of Staff, 1 Senior Analyst, 4 Strategic Advisors, 13+ Venture Partners) · Pre-seed and seed stage FinTech companies across Africa · trust 0/4

We invest in FinTech founders on a mission to shape the future of Africa.

This dossier was built by Clark from a public scan on 2026-07-05 and is unclaimed. Is this your startup? Claim it.

Verified facts

Company name	First Circle Capital (also known as First Circle Africa Capital) source: https://www.firstcircle.capital
Investment thesis/focus	We invest in FinTech founders on a mission to shape the future of Africa. source: https://www.firstcircle.capital
Office locations	Casablanca, Morocco and Kampala, Uganda source: Empower Africa article: 'offices in Kampala (Uganda) and Casablanca (Morocco)'
Founding year	2021 source: PitchBook: 'First Circle Africa Capital was founded in 2021'
Number of partners/investors publicly visible	23+ (2 Founders/Managers, 1 Head of Portfolio, 1 Principal, 1 Chief of Staff, 1 Senior Analyst, 4 Strategic Advisors, 13+ Venture Partners) source: https://www.firstcircle.capital/team
Founding/managing partners	Selma Ribica and Agnes Aistleitner Kisuule (Co-Founders & Managing Partners) source: https://www.firstcircle.capital
Legal entity registration	First Circle Africa Capital LP, registered as a limited partnership in Delaware; regulated by UK Financial Conduct Authority (register reference 1204004) source: Empower Africa article: 'registered as a limited partnership in Delaware'; FCA regulator page: 'register reference 1204004'
Public email address on firm's domain	team@firstcircle.capital source: https://www.firstcircle.capital
Investment stages/check sizes	Pre-seed and seed stage FinTech companies across Africa source: https://www.firstcircle.capital/about: 'pre-seed and seed-stage investments'
Investment focus areas	FinTech including embedded finance, alternative lending, insurtech, regtech, interoperability, climate fintech source: https://www.firstcircle.capital/about and portfolio pages
Limited partners	FSD Africa Investments (FSDAi), IFC ($6M), MSMEDA, Axian Group, family offices, Jens Hilgers, Tim Schumacher, Peter Steinberger, Steve Anavi, We-Fi ($2M + approval for $3M from DGGF) source: Empower Africa article: 'LPs include FSDAi, IFC, MSMEDA, Axian Group, family offices, Jens Hilgers, Tim Schumacher, Peter Steinberger, Steve Anavi'
Fund target size	$25 million to $30 million source: Empower Africa article: 'target $25 million to $30 million'
Number of portfolio companies	26+ companies across 12+ African countries source: Empower Africa article: '24 total targeted, already made ~15 investments across 8 African countries'; website portfolio page: 26+ companies
Percentage of women-led investees	~30% of investees led or co-founded by women source: Empower Africa article: '~30% of investees are led or co-founded by women'

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