Dutch Good Growth Fund – Financing Local SMEs is partnering with First Circle Capital (FCC), a specialised, female‑led, first‑time fund manager building an early‑stage venture capital fund supporting pre‑seed and seed‑stage fintech companies across Africa. FCC brings a focused strategy tailored to Africa’s fast‑growing digital financial ecosystem, aiming to back the next generation of high‑growth, high‑impact fintech innovators.
Image: © First Circle Capital
The FCC team brings together deep fintech, operational, and investment expertise, supported by a network of local venture partners who contribute to sourcing, due diligence, and hands‑on portfolio support. FCC applies a structured value‑creation approach built on four pillars:
- Facilitating follow‑on capital.
- Strengthening data‑driven management.
- Providing access to global fintech expertise.
- Supporting people and culture to build resilient, inclusive teams.
FCC aims to build a concentrated portfolio of early‑stage startups across Africa, leveraging a collaborative investment model and strong local presence. Its sector specialisation and disciplined governance position the fund as a differentiated player in the region’s venture capital ecosystem. The fund places a strong emphasis on impact, gender diversity, and financial inclusion, backing companies that expand access to financial services for underserved communities and contribute to the development of African financial markets. FCC’s expertise and long‑term value‑creation approach position it to drive meaningful change in Africa’s rapidly evolving fintech sector.
Investment
DGGF commits USD 3 million seed capital equity.
Sector
Interoperability & Infrastructure, Alternative Lending Models, Fintech.