Funding Round · Card Issuing · 2025

IFC invests $6M into First Circle Capital

Name: IFC invests $6M into First Circle Capital
Creator: Windsor Drake

First Circle Capital raised $6M Growth investment led by IFC on November 9, 2025.

Primary: First Circle Capital
Counterparty: IFC
Amount: $6M
Structure: Growth investment
Date: November 9, 2025
Sub-sector: Card Issuing

IFC funds early-stage venture vehicle backing African fintech startups in payments, lending, and financial infrastructure, including card-issuing platform Scale.

Primary company: First Circle Capital
Counterparty: IFC
Amount: $6M
Event date: November 9, 2025
Sub-sector: Card Issuing
HQ: —
Structure: Growth investment
Source published: November 9, 2025
Publisher: TechMoran

Source: techmoran.com

Other funding rounds in Card Issuing

Primary	Event type	Counterparty	Value	Sub-sector	Date
Pleo	Funding Round	Coatue Management, Alkeon Capital	$200M	Card Issuing	December 9, 2021
Victor	Funding Round	MVB Edge Ventures	$6M	Card Issuing	December 3, 2021
Extend	Funding Round	March Capital	$40M	Card Issuing	October 28, 2021
Global Processing Services	Funding Round	Advent International, Viking Global Investors	$300M	Card Issuing	October 13, 2021