Affiniti’s business model is partnering with the most trusted associations in each industry to launch customized business expense management platforms for their audience. Affiniti is looking to replicate what MBNA did in 2005 (launched consumer credit cards with 4,000 association partners & sold to BOA for $34B) . . . except with business cards (higher revenues & lower fraud) and fintech expense management. After Bank of America acquired MBNA, they lacked the expertise to manage all the custom programs, and killed the partnerships – leaving a huge gap in the market.

Affiniti has already signed 17 partners which includes the largest trade association in the United States. In total, they already have an audience of 2M highly-engaged businesses within the government contracting, medical, and real estate industries ready for a tailored business expense management platform that truly serves their profession.

With strong backing from industry leaders such as Indicator Ventures, Montage Ventures, Eniac Ventures, Odell Beckham Jr., the owner of the Sacramento Kings, and other notable investors, Affiniti’s vision is clear: to become the #1 industry-based financial operating system for each of the backbone industries of America.

Affiniti’s business is designed from the ground up to solve a core dilemma: why is a construction company using the same business expense management platform as a private physician practice if their spending habits, business models, and payback periods are entirely different?

Responsibilities:

• Work with senior management on setting firm corporate finance and capital market strategies, including building teams and functions
• Lead equity and credit raise processes, including creating materials, leading diligence, engaging in investor conversations, and assisting negotiation of terms
• Lead investor relations and board/investor reporting
• Manage all capital market activities and credit facilities, including managing a borrowing base for credit card originations
• Interface with Accounting functions to ensure timely closes, with direct oversight over credit card receivables accounting

Qualifications:

• Demonstrated experience and ability in making strategic and tactical decisions with meaningful autonomy
• Experience raising or deploying capital across the capital structure in financials / technology sectors