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Dutch Good Growth Fund Partners with First Circle Capital to Boost Early-Stage African Fintech
By combining disciplined governance with sector expertise, FCC aims to drive meaningful growth in Africa’s fintech ecosystem while promoting sustainable and inclusive economic development.
The Dutch Good Growth Fund (DGGF) has announced a partnership with First Circle Capital (FCC), a female-led, first-time fund manager focused on early-stage venture capital in Africa. FCC is launching a fund dedicated to supporting pre-seed and seed-stage fintech companies across the continent, targeting the next generation of high-growth, high-impact digital financial innovators.
FCC’s team combines deep expertise in fintech, investment, and operational management, complemented by a network of local venture partners who assist with sourcing, due diligence, and hands-on portfolio support. The fund employs a structured value-creation strategy based on four key pillars:
Dutch Good Growth Fund injects $3M into First Circle Capital to fuel African fintech innovation
The Dutch Good Growth Fund (DGGF), a prominent public investment vehicle from the Netherlands, has announced a strategic $3 million seed investment into First Circle Capital (FCC). This partnership is specifically engineered to catalyze the next generation of African financial technology by providing essential “first-check” capital. Led by an all-female executive team, FCC is uniquely positioned to identify and nurture pre-seed and seed-stage startups that are dedicated to bridging the financial inclusion gap across the continent.
The investment from DGGF represents a high-conviction bet on the role of entrepreneurship in driving economic stability within emerging markets.
This capital injection arrives at a pivotal time for African venture capital. While the “funding winter” has led to increased diversification in other sectors, fintech remains the engine of the continent’s digital economy.
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Alona Shevtsova receives Woman Finance Leader of the Year Award at FinTech Week Dubai
Alona Shevtsova, CEO of Sends, was recognised with the Woman Finance Leader of the Year at FinTech Week Dubai, one of the leading industry events in the MENA rg
DUBAI, DUBAI, UNITED ARAB EMIRATES, February 18, 2026 /EINPresswire.com/ — Alona Shevtsova, CEO of Sends, was recognised with the Woman Finance Leader of the Year at FinTech Week Dubai, one of the leading industry events in the MENA region, focused on payments innovation, security, and digital financial infrastructure.
The award was presented during the FinTech Week Dubai held on 17 February 2026 at the Radisson Blu Dubai Deira Creek, following two days of panels and keynotes with technology providers, regulators, and financial institutions to explore the future of payments and financial security.
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