First Circle Capital Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
6
- Investments
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34
- Portfolio
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27
- Exits
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6
First Circle Capital General Information
Company Description
Founded in 2021, First Circle Capital is a venture investment firm with offices in Casablanca, Morocco; Kampala, Uganda, and Cape Town, South Africa. The firm was designed to fund and support early-stage fintech startups driven by technology and focused on transforming financial services across Africa. It offers deep regional expertise, hands-on operational guidance, and access to an expansive global network, helping African fintech founders to refine their business models, reach broader markets, and strengthen long-term economic growth.
Business Details
Investor Status
Primary Investor Type
Corporate Office
- Casablanca
- Morocco
First Circle Capital Investments (34)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Power Financial Wellness | 30-Aug-2025 | Later Stage VC | Financial Software | Generating Revenue | ||
| TurnStay | 05-Aug-2025 | Financial Software | Generating Revenue | |||
| Thunders | 04-Jun-2025 | Business/Productivity Software | Generating Revenue | |||
| Opareta | 28-Feb-2025 | Business/Productivity Software | Generating Revenue | |||
| scale | 03-Oct-2024 | Business/Productivity Software | Generating Revenue | |||
| E-Doc Online | 01-Sep-2024 | Financial Software | Generating Revenue | |||
| Orca Fraud | 24-May-2024 | Financial Software | Generating Revenue | |||
| MNZL | 09-May-2024 | Consumer Finance | Generating Revenue | |||
| Credify | 01-Apr-2024 | Seed Round | Business/Productivity Software | Generating Revenue | ||
| Yana (Financial Software) | 11-May-2023 | Seed Round | Financial Software | Out of Business |
First Circle Capital Exits (6)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Klump | 26-Oct-2026 | Out of Business | |
| Balad | 05-Aug-2026 | ||
| Yana (Financial Software) | 16-Sep-2025 | ||
| WayaMoney | 19-Jun-2025 | ||
| Traction Apps | 21-Oct-2024 | Merger/Acquisition | |
| myStash | 30-Sep-2022 | Merger/Acquisition |
First Circle Capital Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
First Circle Capital Co-Investors (112)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Magic Fund | 4 |
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| Future Africa |
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| Launch Africa Ventures |
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| EchoVC Partners |
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| Plug and Play |
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First Circle Capital FAQs
-
What is First Circle Capital?
Founded in 2021, First Circle Capital is a venture investment firm with offices in Casablanca, Morocco; Kampala, Uganda, and Cape Town, South Africa.
-
When was First Circle Capital founded?
First Circle Capital was founded in 2021.
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Where is First Circle Capital headquartered?
First Circle Capital is headquartered in Casablanca, Morocco.
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What is First Circle Capital's total asset value?
First Circle Capital has around in total assets under management.
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How many investments has First Circle Capital made?
First Circle Capital has made 34 investments.
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What has First Circle Capital invested in?
First Circle Capital has made numerous investments in companies like Power Financial Wellness, TurnStay, and Thunders within the Financial Software and Business/Productivity Software industries.
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What has First Circle Capital invested in recently?
First Circle Capital's latest investment was on 30-Aug-2025 in Power Financial Wellness, a company within the Financial Software industry.
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