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First Circle Capital lands $6m from IFC to back Africa’s next wave of fintechs - Innovation Village | Technology, Product Reviews, Business
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First Circle Capital lands $6m from IFC to back Africa’s next wave of fintechs - Innovation Village | Technology, Product Reviews, Business
Morocco- and Uganda-based venture capital firm First Circle Capital has received a fresh US$6 million injection from the International Finance Corporation (IFC), part of the World Bank Group, to deepen its backing of early-stage fintech startups across Africa. The capital will fuel First Circle’s strategy of investing in high-growth pre-seed and seed-stage companies tackling some of the continent’s most persistent financial challenges—ranging fr…
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