Selma Ribica

Selma Ribica is a veteran of the African FinTech industry. Now based out of Casablanca, Selma is managing First Circle Capital, a thesis-led, specialized early-stage fund investing in the most promising Fintech opportunities throughout Africa. As an early executive at M-Pesa, she was in charge of geo expansion and product innovation. After that, Selma founded, scaled and sold a FinTech business in London, serving underbanked migrants. Selma Ribica has been an active angel investor since 2015, and her angel portfolio is at 33X MOIC in early stage fintech and includes companies such as Qonto (France $5bn valued in 2022), Expensya (Tunisia sold to Medius in 2023). She serves on boards of prominent fintech businesses in the region and is INSEAD alumna.