A trailblazer in Financial Technology (FinTech), First Circle was founded by Patrick Lynch and Tony Ennis to empower Small and Medium Enterprises (SMEs) in growth markets by financing their business-to-business (B2B) trade transactions. Thus helping them grow by providing convenient access to financial services. First Circle believes that strong businesses should have access to capital based on meritocracy; not hindered by insufficiencies of collateral or the mere relationships and connections one may have.
Since our public launch in 2016, we have significantly grown our customer base. Led by a team of ex-Morgan Stanley, Goldman Sachs, McKinsey, Amazon, and Web Summit management members with experience in technology, financial services, and e-commerce, we are currently providing SMEs from various industries with millions of dollars worth of financing. This is a clear confirmation of the trust we have earned from businesses nationwide.
At First Circle, we are proud of our international culture with over 10 nationalities working together - each motivated by the company’s purpose. Our investors have previously supported world-leading technology companies, like Uber and PayPal; and our Advisors sit on the Board of the biggest FinTech companies around the world.
As we are looking forward to the future with financial optimism, we gear toward partnering and empowering more and more SMEs in the Philippines - and soon the rest of Southeast Asia.
Trusted by the Philippine government, First Circle is the official Finance Partner of the Department of Trade and Industry (DTI). We are also a pioneer data provider to the Credit Information Corporation (CIC) and the very first FinTech company to ever be licensed by the Securities and Exchange Commission (SEC) in the Philippines.
Since our public launch in 2016, we have significantly grown our customer base. Led by a team of ex-Morgan Stanley, Goldman Sachs, McKinsey, Amazon, and Web Summit management members with experience in technology, financial services, and e-commerce, we are currently providing SMEs from various industries with millions of dollars worth of financing. This is a clear confirmation of the trust we have earned from businesses nationwide.
At First Circle, we are proud of our international culture with over 10 nationalities working together - each motivated by the company’s purpose. Our investors have previously supported world-leading technology companies, like Uber and PayPal; and our Advisors sit on the Board of the biggest FinTech companies around the world.
As we are looking forward to the future with financial optimism, we gear toward partnering and empowering more and more SMEs in the Philippines - and soon the rest of Southeast Asia.
Trusted by the Philippine government, First Circle is the official Finance Partner of the Department of Trade and Industry (DTI). We are also a pioneer data provider to the Credit Information Corporation (CIC) and the very first FinTech company to ever be licensed by the Securities and Exchange Commission (SEC) in the Philippines.
Employees: 51-200
Founded date: 2015
Founders name: Patrick Lynch
Founders Related Locations: Indonesia, Southeast Sulawesi; United Kingdom, England, London
Investors 3
| Date | Name | Website |
| - | Spiral Ven... | spiral-ven... |
| - | 500 Startu... | 500.co |
| - | Insignia V... | insignia.v... |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | Patrick | Lynch | Co-Founder... | linkedin.c... | - | - |
Mentions in press and media 13
| Date | Title | Description |
| 02.08.2024 | PH fintech startup First Circle raises $8.6m in IFC-backed Series B round | Philippine fintech startup First Circle has raised $8.6 million in fresh equity funding as part of a Series B round, show regulatory filings. |
| 13.03.2020 | Coronavirus Will Be Even Worse For Low-Income People And Businesses, But Fintechs Can Help | As the world reacts to the novel coronavirus — now officially a pandemic according to the World Health Organization — many countries are beginning to suggest ways to help the citizens hurt by the virus. Quantitative easing to bolster the st... |
| 17.06.2019 | How Manila Turned Around Its Startup Ecosystem | Manila brims with entrepreneurial potential. The capital of the Philippines — reputed to be the world’s densest city — is filled with talent and innovative minds. In the last decade or so, the government took initiative and started improvin... |
| 06.11.2018 | The Philippines Fintech Report 2018 | Note: We’ve update this report, the 2020 edition of the Fintech Report can be found here With a population of over 100 million, just 31% of adults having a bank account, and a mobile penetration of 58%, the Philippines is a fertile ground f... |
| 05.10.2018 | First Circle Raises US$26M in Series A Funding | First Circle, a Philippine-based lending platform dedicated to small and medium enterprises (SMEs), secured an additional US$26m in Series A funding. International firms Venturra Capital, Insignia Ventures Partners, Silverhorn Investment Ad... |
| 03.10.2018 | PH Fintech Startup First Circle Raises $26m, Launches Credit Facility For SMEs | Philippine-based fintech startup First Circle has raised fresh investments of $26 million (P1.5 billion) in a Series A round led by Venturra Capital even as it launched a new credit facility backed by the Department of Trade and Industry (D... |
| 03.10.2018 | Fintech startup First Circle secures $26m as it eyes regional SME market | Philippines small medium enterprise (SME) lending startup First Circle raises US$26m in a Venturra Capital-led Series A financing round, bringing its total fundraising up to US$28.5m to-date. Other backers of this round include Tryb Group, ... |
| 02.10.2018 | Philippines SME lending startup First Circle raises $26M ahead of regional expansion | This year has been a breakout one for micro-financing startups in Southeast Asia, which are becoming among the most funded within the region’s fintech space. Next in line to raise capital is First Circle, an SME-lending service that’s based... |
| 16.02.2018 | 8 Fintech Startups In The Philippines To Keep An Eye On This Year | The Philippines is believed to be an attractive market for the introduction of digital banking and fintech solutions, thanks to its young population, high Internet penetration rate, and yet low digital payments adoption. Numerous fintech pl... |
| 06.09.2017 | Bangkok Bank InnoHub Program: Fintech Thailand 4.0 | Bangkok Bank InnoHub, a 12-week acceleration program by Bangkok Bank and Bualuang Ventures powered by Hong Kong-based venture capital firm and accelerator Nest, aims to facilitate collaborations between startups and commercial banks in Sout... |
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