First Circle Africa

Emerging manager

Built from this firm's Form D filings. The firm files no SEC adviser report.

Website: https://www.firstcircle.capital
HQ: DE

First Circle Africa invests in pre-seed and seed stage FinTech companies across Africa. Its portfolio includes companies working on digital insurance, earned wage access, mobile money agent infrastructure, fraud orchestration, open banking, and SME financing. The firm's team includes Andi Dervishi, former Chief Investment Officer and Global Head of Fintech, ePayments and New Finance at IFC.

New fund likely raising soon

The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.

01 · Says / Does

Tag	Says	Does
Stages	Pre-seed, Seed	Not enough dated deals
Sectors	Fintech	Not enough dated deals
Regions	Not stated	Not enough dated deals

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

02 · Fund history

Fund	Year	Size	Status
First Circle Africa Fund I, LP First Circle Capital backs founders building FinTech companies across Africa at the pre-seed and seed stages, often as the first institutional investor, then bringing in additional capital and connecting founders to its network. Inferred from the firm's website	2022	$10.92M (Form D)	Late investment period

03 · People across funds

Agnes Aistleitner Kisuule, Managing Member of the General Partner of the Issuer
First Circle Africa Fund I, LP (Named on Form D)
Selma Ribica, Managing Member of the General Partner of the Issuer
First Circle Africa Fund I, LP (Named on Form D)
Andi Dervishi, Former Chief Investment Officer & Global Head, Fintech, ePayments and New Finance at IFC
First Circle Africa Fund I, LP (Team)
Zach Hokfelt, Chief of Staff
First Circle Africa Fund I, LP (Team)

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026