First Circle Capital

General contacts

Investor type

PE / VC

Founded

2021

AUM

Location

Casablanca, Casablanca-Settat, Morocco

Investment Ticket

$0-1 m

Investment Stage

Seed

Region of investment

Africa

ESG Focus

Women People of color and other minorities

Investor profile last updated: 22 August, 2026

Profile

First Circle Capital is a fintech-focused venture capital firm based in Africa. Founded by Selma Ribica and Agnes Aistleitner Kisuule, the firm consists of a team with deep expertise in fintech, comprising seasoned operators, investors, and advisors who are entrepreneurs and company builders themselves. First Circle Capital positions itself as a partner to founders on their entrepreneurial journey.

The firm invests in fintech startups on a mission to shape the future of Africa, targeting the seed stage with investments generally fitting in the $0-1 million range. They operate across Africa and boast a diverse investment portfolio which reflects their commitment to nurturing the next generation of African fintechs.

Notable investments include companies such as Power - a fintech solutions provider, TurnStay - a financial management platform, Opareta - a digital payments platform, Scale - a SME financing service, and E-Doc Online - an electronic document management service.

Industry

Financial Services Fintech

Contacts

Name

Title

Social Networks

Zach Hokfelt Chief of Staff

Chief of Staff

z•••@•••

Selma Ribica Co-founder and Managing Partner

Co-founder and Managing Partner

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[email protected]

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Investment-team contacts for First Circle Capital — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about First Circle Capital

Is First Circle Capital a venture capital or private equity firm?

First Circle Capital is a venture capital and private equity firm. It backs companies at Seed, writing tickets of $0-1 m.

Where is First Circle Capital located?

First Circle Capital is located in Casablanca, Casablanca-Settat, Morocco.

When was First Circle Capital founded?

First Circle Capital was founded in 2021.

What sectors and industries does First Circle Capital invest in?

First Circle Capital invests in companies and startups in Financial Services, Fintech.

What is First Circle Capital geographical focus of investments?

First Circle Capital invests in companies and startups in Africa.

At what stages of companies and startups does First Circle Capital typically invest in?

First Circle Capital invests in companies and startups at Seed.

What is the usual amount of First Circle Capital investment?

First Circle Capital usually invests $0-1 m on average.

Does First Circle Capital invest and support LGBTQ, female and other minorities startups and founders?

First Circle Capital invests and supports Women, People of color and other minorities startups and founders.

What are the contacts of First Circle Capital?

First Circle Capital can be reached through its website firstcirclecap.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for First Circle Capital — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access First Circle Capital data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query First Circle Capital directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the First Circle Capital profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 22 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.