Selma Ribica is a venture capital investor at First Circle who was an early M-Pesa executive responsible for expansion and product development, then founded Lebara Financial Services designing products for migrant communities before becoming a full-time investor. She achieved a 33x MOIC on her personal angel portfolio with early investments in companies like Expensya, and now co-leads one of the few Africa-based specialist fintech funds run by female managing partners with backing from major development finance institutions like IFC. Selma Ribica is a venture capital investor at First Circle who was an early M-Pesa executive responsible for expansion and product development, then founded Lebara Financial Services designing products for migrant communities before becoming a full-time investor. She achieved a 33x MOIC on her personal angel portfolio with early investments in companies like Expensya, and now co-leads one of the few Africa-based specialist fintech funds run by female managing partners with backing from major development finance institutions like IFC.