Fundraising Fox
Selma Ribica
InvestorCo-Founder & Managing Partner at First Circle · Non Executive Director at AXIAN Investment
Casablanca, Morocco
Writes $100K – $250K checks
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You →Naseem · together at Outlierz Ventures (2021) →Selma
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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
- First Circle CapitalCo-Founder & Managing Partnercurrent2021 — presentEMEA
- Axian GroupNon Executive Directorcurrent2024 — presentDubai, United Arab Emirates
- OparetaNED and Investorcurrent2025 — presentNairobi County, Kenya
- BaladNED and Investorcurrent2024 — presentCairo, Egypt
- KashierInvestor and Board Membercurrent2022 — presentCairo, Egypt
- QontoInvestorcurrent2016 — presentParis, Ile-de-France, France
- ExpensyaInvestorcurrent2018 — presentTunisia
- MoMo from MTNNon Executive Director2024 — 2026Accra
- liwwa, Inc.Board Member2019 — 2024Amman Governorate, Jordan
- FMO - Dutch entrepreneurial development bankAdvisory Board - Ventures Programme2020 — 2024
- Abler NordicBoard Member2021 — 2023
- Anava CapitalIC Member2021 — 2023Tunis, Tunisia
- Outlierz VenturesInvestment Committee Member2019 — 2021
- Alibaba GroupAdvisor, e-founders program2018 — 2020
- AfricInvest GroupVenture Partner2019 — 2020
- AfricInvest GroupDirector, AfricInvest Innovation Fund2017 — 2019
- Lebara MoneyFounder, Lebara Money2015 — 2017London, United Kingdom
- VodafoneM-Pesa, Commercial Strategy & Product Innovation2013 — 2015London, United Kingdom
- VodafoneChief of Staff to the Group Chief Commercial Officer2012 — 2013London, United Kingdom
- Jones Lang LaSalleAssociate Director2007 — 2010Moscow, Moscow City, Russia
- The Regus GroupReal Estate Developer2005 — 2007Prague, Czechia
Skills & more
+10 more
Multi-cultural Team ManagementMobile PaymentsMobile CommerceMarketing StrategyManagement ConsultingBusiness StrategyMarket AnalysisBusiness DevelopmentRussianInternet EntrepreneurLanguages Bosnian · Czech · English · French · Italian · Russian
From Selma's professional profile.
Investments
Per curated public sources.
Colleagues at First Circle
Frequently asked questions
- Who is Selma Ribica?
- 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.
- 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.
- What companies has Selma Ribica invested in?
- Investments tracked here include Bamboo, Freterium, Pylon, Thndr.
- Where did Selma Ribica go to school?
- Selma Ribica studied at INSEAD (MBA, Strategy); Paris ESLSCA Business School (Master in International Marketing); University of New York in Prague (Bachelor, Economics).
Same school
Also attended INSEAD1,330
+ 1,324 more
Also attended Paris ESLSCA Business School16
+ 10 more
Also attended University of New York in Prague3
Shared employers
Also worked at Qonto22
+ 16 more
