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 Advisors and tryb Group led the round.
The company intends to use the funds to extend its position in the Philippines.
Led by CEO and co-founder Patrick Lynch, First Circle provides a platform that automates processes and enables cost-effective service delivery while capturing and utilizing demographic, trade and behavioral data.
FinSMEs
05/10/2018