First Circle - About the company
First Circle is a series B company based in Taguig (Philippines), founded in 2016 by Patrick Lynch. It operates as an Online platform for trade financing. First Circle has raised $37.1M in funding from investors like IFC, Accion and Key Capital Partners.
Company Details
First Circle is an online platform for trade financing. It offers loans such as invoice financing, purchase order financing, and more. Borrowers can register via audited financial statements, proof of sales, bank statements along with invoices & purchase orders, and more. It purchases the invoice on the client's behalf. Funds are transferred to the registered bank account.
- Website
- www.firstcircle.ph/
- Email ID
- *****@firstcircle.com, *****@firstcircle.com
- Phone Number
- +63 **********
Key Metrics
Founded Year
2016
Location
Taguig, Philippines
Stage
Series B
Total Funding
$37.1M in 6 rounds
Latest Funding Round
Ranked
1st among 2 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2024
Employee Count
279 as on Jun 30, 2026
Legal entities associated with First Circle
First Circle is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FIRST CIRCLE GROWTH FINANCE CORP. CIN: CS201605477 , Philippines, Active | Jan 01, 2016 | $1M - $10M (As on Dec 31, 2024) | - | - |
NETBANK (A RURAL BANK), INC. CIN: 0000050884 , Philippines, Active | Apr 12, 1973 | - | - | - |
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First Circle's funding and investors
First Circle has raised a total funding of $37.1M over 6 rounds. Its first funding round was on Oct 2016. Its latest funding round was a Conventional Debt round on May 26, 2026 for $*****. 1 investor participated in its latest round. First Circle has 17 institutional investors.
Here is the list of recent funding rounds of First Circle:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 26, 2026 | 8305504 | Conventional Debt | 9608222 | 8115196 | 2408816 | 6440464 |
Jun 17, 2024 | 7402453 | Series B | 7916675 | 4710854 | 6279772 | |
Oct 02, 2018 | 3709901 | Series A | 6992208 | 7004767 | 9587255 |
View details of First Circle's funding rounds and investors
First Circle's founders and board of directors
Founder? Claim ProfileThe founders of First Circle is Patrick Lynch.
Here are the details of First Circle's key team members:
- Patrick Lynch: Co-Founder & CEO of First Circle and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
View details of First Circle's Founder profiles and Board Members
First Circle's employee count trend
First Circle has 279 employees as of Jun 26. Here is First Circle's employee count trend over the years:
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First Circle's Competitors and alternates
Top competitors of First Circle include Global Trade. Here is the list of Top 10 competitors of First Circle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | First Circle 2016, Taguig (Philippines), Series B | Online platform for trade financing | $37.1M | 61/100 | |
2nd | Global Trade 2002, Toronto (Canada), Acquired | Multi-bank trade finance platform | - | - | 39/100 |
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First Circle's Investments and acquisitions
First Circle has made no investments or acquisitions yet.
Reports related to First Circle
Here is the latest report on First Circle's sector:
News related to First Circle
Media has covered First Circle for a total of 3 events in the last 1 year.
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First Circle gets P 300-M funding from Cathay United BankINQUIRER.net•May 30, 2026•First Circle Capital, Cathay United Bank, First Circle
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First Circle gets P300-M credit facility from Cathay United BankBusinessWorld•May 25, 2026•First Circle, Cathay United Bank
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PH fintech startup First Circle raises $8.6m in IFC-backed Series B roundShareandstocks•Aug 03, 2024•Endeavor, First Circle, IFC
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Balad, an Egyptian financial technology firm, has closed a pre-seed fundraising round.Tech In Africa•May 21, 2023•Balad, Acasia Ventures, Cairo Angels, Launch Africa and 4 others
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Singapore's Insignia, tryb among co-leads in US$26m fund raising by Philippine fintech First CircleThe Business Times•Oct 06, 2018•First Circle, Insignia Ventures Partners, tryb, Venturra Capital and 1 other
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First Circle, a Philippine-based Fintech, Preps to Launch New SME Targeted Credit Facility with Support of GovernmentCrowdfund Insider•Oct 01, 2018•First Circle, Venturra Capital, Insignia Ventures Partners, tryb and 1 other
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