About Affiniti
Affiniti is a Financial Services company based in New York (United States) founded in 2022 by Sahil Phadnis and Aaron Bai. Industry-specific credit cards for small businesses are provided. It operates on a FinTech and Subscription Services model. Affiniti has raised $26.64 million across 3 funding rounds. Its chief executive, as recorded, is Aaron Bai. Affiniti offers products and services including Credit Card, Checking Account, Bill Pay, Expense Management, and Accounting Automation. Its focus areas include FinTech and Business Banking Solutions. Its legal entity is Affiniti Finance, Inc. Its competitors include Deserve, Power and Tallied; 3 of its 3 listed competitors have raised funding.
Company details
Cash flow solutions are delivered by Affiniti Finance, Inc. to small and medium-sized businesses. Industry-tailored credit cards, checking accounts, and bill pay platforms are offered to address financial challenges. Support is extended to sectors such as HVACR, auto dealers, pharmacies, and med spas. Partnerships with trade associations are established to empower businesses with contextual financial insights. Tools like expense management and accounting automation are developed to optimize operations for forward-thinking companies.
- Headquarters New York, United States
- Founders Sahil Phadnis, Aaron Bai
- SectorsFinancial Services
- Email••••••••
- Website affiniti.finance
- Social LinkedIn X
- Legal Name Affiniti Finance, Inc.
- Total Equity Funding$26.64M (USD)
in 3 rounds
- Latest Funding Round$15M (USD), Debt – Conventional
May 2025
Products & Services of Affiniti
Affiniti offers a comprehensive portfolio of products and services, including Credit Card, Checking Account, Bill Pay, Expense Management, and Accounting Automation.
Unlimited cash back is offered on every purchase.
High APY is earned on every dollar deposited.
Invoices are tracked and payments scheduled in seconds.
Every dollar spent is monitored within the business.
Books are closed in minutes instead of days.
Funding Insights of Affiniti
Affiniti has successfully raised a total of $26.64M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $26.64M
- Total Rounds 3
- Last Round Debt – Conventional — $15M
- First Round $10.04M
(Jul 2024)
All 3 funding rounds of Affiniti with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $15M | Debt – Conventional | – | – | – |
| Apr 2025 | $16.6M | Series B | – | – | – |
| Jul 2024 | $10.04M | Series B | – | – | – |
People of Affiniti
3 people are tracked at Affiniti (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Sahil Phadnis | Co-Founder & CTO | Leadership |
Aaron Bai | Co-Founder & CEO | Leadership |
Ata Barış Canalp | Full-stack Developer | Team |
Complete people profiles for Affiniti
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Affiniti
3 dated milestones of Affiniti across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Affiniti is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Debt – Conventional, of $15.0M.
Competitors of Affiniti
Affiniti has 3 listed competitors in our database, 3 of them funded. They include Deserve, Power and Tallied.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deserve.com | 2013 | Murray, United States | $144.04M | 34 | Credit builder cards for consumers | |
| withpower.com | 2021 | San Francisco, United States | $19M | Clinical trials and treatments are found via an online platform. | ||
| tallied.io | 2022 | San Francisco, United States | $18.89M | Platform to build consumer and corporate credit card programs |
Detailed competitors of Affiniti
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Affiniti
The website of Affiniti (affiniti.finance) receives about 6.9K visits a month.
- Monthly visits6.9K
▲ 3.8% vs previous month
Websites whose visitors overlap most with Affiniti. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| signalfire.com | 100% | #800,297 | View details | ||
| affinityfcu.com | 100% | #90,420 | View details |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Affiniti (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Affiniti
Complete news archive for Affiniti
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Frequently Asked Questions about Affiniti
Affiniti was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Affiniti is headquartered in New York, United States. It is registered at New York, New York, United States.
Aaron Bai is the CEO of Affiniti, as recorded in our data. They have also founded this company.
Affiniti is a funded company, having raised a total of $26.64M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10.04M, raised on Jul 2024.
Cash flow solutions are delivered by Affiniti Finance, Inc. to small and medium-sized businesses. Industry-tailored credit cards, checking accounts, and bill pay platforms are offered to address financial challenges. Support is extended to sectors such as HVACR, auto dealers, pharmacies, and med spas. Partnerships with trade associations are established to empower businesses with contextual financial insights. Tools like expense management and accounting automation are developed to optimize operations for forward-thinking companies.
Affiniti offers Credit Card, Checking Account, Bill Pay, Expense Management, and Accounting Automation.
Affiniti operates through Affiniti Finance, Inc..