About Affiniti
Affiniti is a company based in New York (United States) founded in 2022 by Sahil Phadnis and Aaron Bai. It operates as a FinTech, and Subscription Services. Affiniti has raised $26.64 million across 3 funding rounds. Affiniti offers products and services including Credit Card, Checking Account, Bill Pay, Expense Management, and Accounting Automation. Affiniti operates in a competitive market with competitors including Deserve, Power, Tallied, Deserve Cards and Optimize Financial Technology, among others.
- Headquarter New York, United States
- Founders Sahil Phadnis, Aaron Bai
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Sectors
Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Affiniti Finance, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.64 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Debt – Conventional
May 22, 2025
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Investors
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $15.0M
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First Round
First Round
(08 Jul 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - Affiniti | Valuation |
investors |
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| Apr, 2025 | Amount | Series B - Affiniti | Valuation |
investors |
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| Jul, 2024 | Amount | Series B - Affiniti | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Affiniti
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Affiniti
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Affiniti Comparisons
Competitors of Affiniti
Affiniti operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deserve, Power, Tallied, Deserve Cards and Optimize Financial Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Credit builder cards for consumers
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| domain | founded_year | HQ Location |
Clinical trials and treatments are found via an online platform.
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| domain | founded_year | HQ Location |
Platform to build consumer and corporate credit card programs
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| domain | founded_year | HQ Location |
API-based credit-card-as-a-service solutions are provided with risk and fraud tools.
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| domain | founded_year | HQ Location |
Provides an API-driven white-label credit card solution for clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Affiniti
Frequently Asked Questions about Affiniti
When was Affiniti founded?
Affiniti was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Affiniti located?
Affiniti is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Affiniti?
Aaron Bai is the current CEO of Affiniti. They have also founded this company.
Is Affiniti a funded 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 08, 2024.
What does Affiniti do?
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.
Who are the top competitors of Affiniti?
Affiniti's top competitors include Deserve, Power and Deserve Cards.
What products or services does Affiniti offer?
Affiniti offers Credit Card, Checking Account, Bill Pay, Expense Management, and Accounting Automation.
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