First Circle
10F Bonifacio One Technology Tower, 31st St. cor. Rizal Drive, Bonifacio Global City, Taguig, Metro Manila, 1634, Philippines
Overview
First Circle exists to radically improve the course of opportunity for SMEs across South East Asia; to help business owners achieve growth beyond their wildest dreams; to expand their First Circle past their family and friends. They are creating great technology which allows us to bring together the best businesses. We provide them with the funding and support they need to grow for many years to come. They do this with a simple online account, advanced data analytics, dedicated customer success representatives, and a community of business owners complete with a host of useful resources.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Business Development
- FinTech
- Small and Medium Businesses
Investment portfolio
- MNZL
Participated · Seed · May 2024
MNZL develops a digital wallet that allows homeowners and car owners to upload assets and convert them into collateral to access loans. The company is introducing this wallet concept to expand secured lending options in Egypt and across the MEA region. MNZL has secured the necessary permits from the Financial Regulatory Authority and reports early market traction. Founded in 2023 and based in Cairo, the startup was launched by Sameh Saleh, Ahmed Dessouky and Bassem Elshaer. The company recently raised capital to enhance its product and scale operations, with plans to invest in technology and expand its reach regionally.