Fundraising Fox

Selma Ribica

Investor

Co-Founder & Managing Partner at First Circle

Casablanca, Morocco

Writes $100K – $250K checks

About

Co-founder and Managing Partner of First Circle Capital and a veteran of African fintech since 2012, having worked as an M-Pesa executive, built and sold a fintech business, and invested in fintech since 2015. Her notable investments include Qonto, Expensya, Dash, Bamboo and THNDR; she is an INSEAD alumna.

Invests in

FintechHealthtechInsurTechLogistics & Supply ChainSaaS

Experience

  1. First Circle CapitalCo-Founder & Managing Partnercurrent2021 — presentEMEA
  2. Axian GroupNon Executive Directorcurrent2024 — presentDubai, United Arab Emirates
  3. OparetaNED and Investorcurrent2025 — presentNairobi County, Kenya
  4. BaladNED and Investorcurrent2024 — presentCairo, Egypt
  5. KashierInvestor and Board Membercurrent2022 — presentCairo, Egypt
  6. QontoInvestorcurrent2016 — presentParis, Ile-de-France, France
  7. ExpensyaInvestorcurrent2018 — presentTunisia
  8. MoMo from MTNNon Executive Director2024 — 2026Accra
  9. liwwa, Inc.Board Member2019 — 2024Amman Governorate, Jordan
  10. FMO - Dutch entrepreneurial development bankAdvisory Board - Ventures Programme2020 — 2024
  11. Abler NordicBoard Member2021 — 2023
  12. Anava CapitalIC Member2021 — 2023Tunis, Tunisia
  13. Outlierz VenturesInvestment Committee Member2019 — 2021
  14. Alibaba GroupAdvisor, e-founders program2018 — 2020
  15. AfricInvest GroupVenture Partner2019 — 2020
  16. AfricInvest GroupDirector, AfricInvest Innovation Fund2017 — 2019
  17. Lebara MoneyFounder, Lebara Money2015 — 2017London, United Kingdom
  18. VodafoneM-Pesa, Commercial Strategy & Product Innovation2013 — 2015London, United Kingdom
  19. VodafoneChief of Staff to the Group Chief Commercial Officer2012 — 2013London, United Kingdom
  20. Jones Lang LaSalleAssociate Director2007 — 2010Moscow, Moscow City, Russia

Education

  1. INSEADMBA, Strategy2011
  2. Paris ESLSCA Business SchoolMaster in International Marketing
  3. University of New York in PragueBachelor, Economics

Skills & more

Strategy83Negotiation45Leadership11Management12New Business Development41E-commerce25Start-ups23Project Management18Entrepreneurship15Sales Management13Retail7Marketing9
+10 moreMulti-cultural Team ManagementMobile PaymentsMobile CommerceMarketing StrategyManagement ConsultingBusiness StrategyMarket AnalysisBusiness DevelopmentRussianInternet Entrepreneur

Languages Bosnian · Czech · English · French · Italian · Russian

From Selma's professional profile.

Colleagues at First Circle

Agnes Aistleitner Kisuule
Co-Founder & Managing Partner at First Circle
Andi Dervishi
Strategic Advisor & Independent IC Member at First Circle
Anis Kallel
Investor at First Circle
Dare Okoudjou
Investor at First Circle
Emeka Ajene
Investor at First Circle
Emilian Popa
Investor at First Circle
Hana Zaghloul
Investor at First Circle
Jack Knellinger
Strategic Advisor & Independent IC Member at First Circle

Frequently asked questions

Where does Selma Ribica work?
Selma Ribica is Co-Founder & Managing Partner at First Circle.
What does Selma Ribica invest in?
Selma Ribica invests in Fintech, Healthtech, InsurTech, Logistics & Supply Chain, SaaS.
What check size does Selma Ribica write?
Selma Ribica typically writes checks of $100K – $250K.

Same school

Also attended INSEAD773

Patrick ClaessenPartner at Cottonwood Technology FundChris BischoffInvestment Team at General CatalystJan HammerInvestor at Index VenturesSandra SchwarzerInvestor at Index VenturesStephane KurganInvestor at Index VenturesMahesha SubramaniamHead of Client Relations at Golden Gate Ventures

+ 767 more

Also attended Paris ESLSCA Business School6

Harald EltvedtIncubation at SC VenturesVictor DouceCo-Founder at The Brkfst ClubCyril De GaleaPartner, Head of France at Oquendo Capital, SGEIC,Thierry Mourot-LeclercqDirecteur 574 Territoires at 574 InvestChristophe BaviereInvestor at Idinvest PartnersIrfan VissandjeePrincipal at Blue Bear Ventures

Also attended University of New York in Prague1

Martin PejsaFounder and Executive Chairman at Creative Dock Group

Shared employers

Also worked at Qonto14

Alexander WortmannPartner at TCVSarah GreenMarketing and Community Manager at Iris CapitalTimo FleigPartner Fintech at RedstoneBarbod NaminiInvestor at HV CapitalJessicaInvestor at Caesar VenturesCarles Marcos i GuárdiaInvestor at Enzo Ventures

+ 8 more

Also worked at MoMo from MTN1

Dieko OjoInvestment Associate at Novastar Ventures

Also worked at Abler Nordic1

Johan AndresenOwner & Chair, Ferd at AIF

Also worked at Outlierz Ventures1

Naseem MoumeneVice President at Northzone, investing across complex and fragmented industries undergoing fundamental shifts