First Circle Capital

Scale accelerates market entry and revenue for fintechs with a people-first approach.

Pumpkn is a financial technology company focused on enhancing the financial health of small and medium-sized agribusinesses in Africa. It aims to bridge the financial gap that many enterprises face by leveraging innovative technologies and data. Pumpkn simplifies financial management and reduces the costs associated with acquiring and financing credit. By providing tailored credit services, the company enables African entrepreneurs in the agribusiness sector to more easily access the funds they need to grow and sustain their operations.

Orca Fraud is a pioneering African technology company that specializes in fraud detection and prevention. It operates an artificial intelligence-driven platform designed to protect both traditional and decentralized financial systems from fraudulent activities. The company's unique approach involves orchestrating computing resources to provide clients with a suite of tools to safeguard their businesses.

Credify Africa is a fintech company that provides tailored financing, payments, and logistics solutions.

E-Doc Online is a company that specializes in financial data connectivity, focusing on providing access to financial information for underrepresented groups. Its platform utilizes artificial intelligence to facilitate the analysis of financial data, allowing users to access their bank account balances, statements, and transactions without the need to upload documents. This read-only access enables decision-makers to view a comprehensive snapshot of a user's financial history, enhancing the open banking framework. By delivering secure and tamper-proof financial data, E-Doc Online aims to prevent fraud and provide real-time insights, thereby improving financial inclusion and decision-making for clients.

Flow48 is a platform that specializes in revenue-based financing, providing companies with access to capital to stabilize their cash flow. The platform offers upfront lump-sum investments that businesses can use for purposes such as inventory purchases or capital expenditures. This funding model allows companies to generate future revenues while benefiting from rapid access to funds and flexible repayment options. Flow48 aims to support businesses in their growth and operational needs through innovative financial solutions.

MNZL is focused on enhancing access to capital for individuals in Egypt by leveraging their assets. The company develops a property technology marketplace that enables clients to protect their property ownership while transforming it into a digital wallet. Through its innovative platform, MNZL offers services such as digital home registration, home equity investment, and low-interest financing options. This user-friendly system provides borrowers with a custom dashboard and seamless online access to mortgage solutions, facilitating liquidity for personal projects and needs. By promoting asset-backed financing, MNZL aims to reshape the financial landscape in Africa.

Balad is an open banking platform designed to assist migrants and their families by offering a range of financial services. Specifically targeting the underbanked family members of Egyptian migrants, Balad facilitates cross-border remittances through its digital platform. The company provides mobile banking applications and prepaid debit cards, which help streamline the remittance process and reduce associated fees. By enabling instantaneous income receipt for families back home, Balad aims to enhance financial accessibility and inclusion for migrants and their beneficiaries. The platform also has plans to introduce additional financial products in the future, further supporting the needs of its users.

Estafsar helps connect people with insurance companies and brokers to help them find their next insurance policy. It is an online insurance directory company. It offers personal and business insurance policies through its website and network of independent brokers.

Pennee solves cash flow problems for small businesses starting with credit financing.

WiASSUR offers an insurance brokerage platform. They also provide insurance services such as school insurance, health insurance, travel insurance, multi risk home insurance, life insurance, transportation insurance, and savings insurance.

WafR is a reward-based loyalty startup that offers a platform enabling users to earn phone recharges while shopping at retail outlets. The company develops a mass distribution platform aimed at enhancing profit margins for large retailers. Its application allows users to create grocery accounts, deposit funds, and engage in business transactions. This functionality assists clients in addressing their queries, ultimately helping them to improve market share, sales volume, and profitability by influencing consumer choices.

WafR is a reward-based loyalty startup that offers a platform enabling users to earn phone recharges while shopping at retail outlets. The company develops a mass distribution platform aimed at enhancing profit margins for large retailers. Its application allows users to create grocery accounts, deposit funds, and engage in business transactions. This functionality assists clients in addressing their queries, ultimately helping them to improve market share, sales volume, and profitability by influencing consumer choices.

Terminal Africa operates a delivery aggregator platform that facilitates the efficient sending and receiving of products globally. By partnering with various local and international couriers, the company streamlines the delivery process. When a delivery request is made, Terminal Africa directs the information to the chosen courier of the sender or receiver, allowing for quick and reliable service. In addition to logistics, the company also focuses on providing eCommerce and payment solutions for entrepreneurs, ensuring a stress-free experience in managing their business needs.

CredPal is a financial platform that enables both businesses and individuals to make purchases and pay for them in installments at various online and offline merchants. Launched in 2018 by Fehintolu Olaogun and Olorunfemi Jegede, CredPal is headquartered in Lagos, Nigeria. The platform is designed to provide transparency and convenience, allowing users to set up their accounts and select payment plans that best suit their needs. By leveraging technology, CredPal minimizes risk and connects users with multiple financial institutions that offer credit. This service not only facilitates consumer access to credit for purchases but also empowers retail businesses to provide on-demand credit options to their customers.

Veend is a fintech company that simplifies the lending process for financial institutions and merchants by providing a robust credit infrastructure. It enables easy embedding of credit into various ecosystems, allowing lenders to automate their lending processes and connect with borrowers through multiple origination channels, including USSD, web, mobile apps, ATMs, and point-of-sale systems. By streamlining access to credit, Veend offers a solution that is both efficient and profitable for its clients.

Collect Africa is a mobile app that assists companies in obtaining payments from clients. Their application accepts payments using several online payment options. Their payments to businesses.

Traction Apps is a developer of a financial platform tailored for small businesses, facilitating payment acceptance and overall financial management. The platform equips users with essential tools for monitoring sales, sending invoices, receiving payments, and managing inventory. Additionally, it provides retailers with access to financing options, aiding in business expansion and operational efficiency. By addressing the specific needs of small businesses, Traction Apps aims to streamline financial processes and enhance business growth.

Credrails is a financial technology company that provides infrastructure for open banking in Africa. Its technology connects banks, mobile money services, and other financial data sources into a single application programming interface (API). This integration facilitates interoperability and enables efficient money movement across various channels, supporting the growth of Africa's digital economy. By offering a unified platform, Credrails equips businesses with the tools they need to develop innovative fintech solutions.

Gamp is a company specializing in device protection and support services for consumer electronics. It offers repair services for smartphones, computers, and a variety of other electronic devices from well-known manufacturers. By arranging pick-ups and drops for gadgets, Gamp ensures that consumers receive post-sale assistance conveniently, eliminating the need to visit a service center. This focus on customer convenience and support positions Gamp as a valuable resource for individuals seeking reliable repair and protection solutions for their electronic devices.

Kashier is a payment management platform tailored for commerce and retail businesses, offering a comprehensive toolkit to facilitate various aspects of business operations. It simplifies the payment process by providing features such as professional and customized invoicing, automated regular billing, and subscription payment management. The platform is designed to accommodate the diverse needs of businesses, from small startups to large enterprises, enabling them to efficiently process and accept payments from customers, vendors, and partners through multiple payment methods and channels.

Wayamoney is a digital banking platform that offers payment and money transfer solutions across Africa. It enables users to send and receive payments quickly and at low rates. The platform supports various services, including utility payments, online purchases such as airline tickets, and cross-border transactions for data and airtime. By facilitating seamless and instant payments, Wayamoney aims to serve an increasingly unbanked population and assist small and medium-sized businesses engaged in trade across the continent, enhancing financial inclusion and simplifying settlements for both individuals and enterprises.

Octamile is an insurtech startup focused on transforming the African insurance ecosystem through a comprehensive digital platform. This platform aids insurance providers, brokers, agents, and fintech companies by streamlining their business processes and facilitating the distribution of insurance products. Octamile's solution encompasses embedded insurance distribution, end-to-end claims automation, and risk assessment, allowing users to create data-driven products. Additionally, it offers functionalities for vehicle valuation, history, and breakdown coverage, making it easier for clients to navigate financial infrastructure efficiently. Through these services, Octamile aims to digitize the insurance value chain, enhancing accessibility and efficiency for all stakeholders involved.

MyStash is a fintech company focused on providing a platform designed to assist the African working class and businesses in managing their finances effectively. The application automatically saves a percentage of money each time users earn or spend, promoting subconscious saving habits. This innovative approach allows clients to track their transactions seamlessly while ensuring their savings grow in tandem with their financial activities. By facilitating smarter financial transactions, MyStash aims to enhance the financial well-being of its users.

Yemaachi Biotechnology is focused on advancing the diagnosis and treatment of cancer through innovative therapeutic technologies. The company employs immunogenomics, bioinformatics, and artificial intelligence to enhance the development of effective cancer detection and treatment strategies. By leveraging these advanced methodologies, Yemaachi aims to lower the economic burden of cancer and improve patient outcomes through more accurate and efficient therapeutic solutions.

Infiuss Health, founded in 2018 and based in Apapa, Lagos, specializes in decentralizing clinical trials by offering remote access to various stages of the research process, including participant screening, recruitment, engagement, e-consent, and follow-up. The company operates a two-sided marketplace that connects researchers with eligible participants, leveraging a strong patient community to streamline the recruitment process. By focusing on a direct-to-patient approach, Infiuss Health enhances access to clinical research studies, facilitating greater participation and engagement in medical research.

Dayra is an online financial platform that aims to provide essential financial services to unbanked gig workers and micro-businesses, primarily in Egypt. By leveraging API integration, Dayra enables companies to offer services such as virtual bank accounts, prepaid cards, and access to credit and loans. This approach allows businesses to seamlessly embed financial services into their existing operations, facilitating hassle-free and instant financing for their unbanked workers and customers. Dayra's offerings are designed to be more accessible and cost-effective than traditional lending options, addressing the financial needs of underserved populations.

Talk360 is a telecommunications company based in Leusden, the Netherlands, that offers affordable international calling services through its user-friendly mobile application. The app enables both businesses and individuals to make low-cost calls to any mobile and landline number globally, even without an internet connection. Recognizing the need for reliable communication in emerging markets, particularly in Africa, Talk360 aims to enhance accessibility by launching a single checkout platform tailored for the continent. This platform will integrate various local payment methods and currencies, along with over 1.25 million cash points of sale, allowing approximately 500 million Africans to access digital services previously unavailable to them. By bridging communication gaps, Talk360 strives to ensure that everyone, regardless of their background, can engage in affordable and effective communication.