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First Circle Capital

First Circle Capital

Overview

A women-led, thesis-driven venture capital firm that invests in pre-seed and seed-stage fintech companies across Africa. The firm focuses on less saturated verticals including financial infrastructure, insurtech, alternative lending, regtech, interoperability, and climate fintech.

Portfolio Companies

16

Investments

First Circle Capital investments
CompanyDateStageLead
WafarnaFeb 2026SeedCo-investor
WafRFeb 2026SeedCo-investor
TurnStayAug 2025SeedLead
PumpknSep 2024SeedCo-investor
Orca FraudMay 2024Pre SeedCo-investor

Key People

Agnes Aistleitner Kisuule

Co-Founder & Managing Partner

Selma Ribica

Co-Founder & Managing Partner

Pietari Päivänen

Limited Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersMorocco
Year FoundedN/A

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