Affiniti's 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed | TechCrunch
Briefly

Affiniti, co-founded by young entrepreneurs Aaron Bai and Sahil Phadnis, focuses on delivering advanced expense management software tailored for small businesses. Following impressive growth, they secured a $17 million Series A after an $11 million seed round. Affiniti's solution, which includes customizable credit cards and software tailored for businesses like pharmacies and auto dealerships, represents what they term 'v3' fintech. This version surpasses traditional credit options by providing actionable financial analytics, essential for businesses lacking dedicated finance teams. The recent funding will facilitate the development of additional features such as banking and cash flow analytics.
Accessibility to key financial data is crucial for small business owners, and with our 'v3' approach, we aim to offer analytic insights that traditional banks can't provide.
Our aim is to simplify expense management for small businesses, while offering cutting-edge tools that deliver real-time support and analytics for financial decision-making.
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