# First Circle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/first-circle

- Industry: Financial Services
- Headquarters: Taguig City, Philippines
- Website: www.firstcircle.ph
- Total disclosed funding: $24M
- Latest round: Series B (Jul 29, 2024)
- Investors on record: 13

## About

Based in Taguig City, Philippines, and founded in 2016 by CEO Patrick Lynch, First Circle Growth Finance Corp. operates as a fintech company providing loans to the SME sector through its online platform. In June 2024, First Circle raised USD 7 million in venture funding from International Finance Corporation. 

First Circle Growth Finance Corp. offers a product known as the Revolving Credit Line, offering credit limits of up to 20 million with no collateral required. The company allows users to apply online and, if qualified, access funds within two business days. In addition, the firm provides various products and services such as revolving credit line, SME loan, growth partners program, and project finder.

## Funding rounds

- Series B, Jul 29, 2024, $14M — Endeavor Catalyst, [DUP] International Finance Corporation, Tryb Pte Ltd, KC II Limited
- Series A, Sep 17, 2018, $8.9M — Accion, 500 Global, Silverhorn Investment Advisors, Spiral Ventures, Venturra Capital, Insignia Ventures Partners, Tryb Pte Ltd, Koru Partners, Kembangan Holdings Ltd.
- Seed, Oct 18, 2016, $1.2M — 500 Global, Key Capital, Spiral Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- Key Capital — Seed
- Spiral Ventures (https://capitalatlas.ai/funds/spiral-ventures) — Seed, Series A
- Accion (https://capitalatlas.ai/funds/accion) — Series A
- Silverhorn Investment Advisors (https://capitalatlas.ai/funds/silverhorn-investment-advisors) — Series A
- Venturra Capital (https://capitalatlas.ai/funds/venturra-capital) — Series A
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Series A
- Tryb Pte Ltd — Series A, Series B
- Koru Partners (https://capitalatlas.ai/funds/koru-partners) — Series A
- Kembangan Holdings Ltd. — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- [DUP] International Finance Corporation — Series B
- KC II Limited — Series B