Affinity Solutions Grabs $21 Million In Funding

Affinity Solutions has received $21 million-plus in funding from a round led by Chestnut Hill Ventures, the company announced.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Affinity will use the backing to work on the next generation of its platform based on “transaction-enabled marketing programs and card-linked offers.” They will also use the backing to acquire other companies in the market.

    “This additional cash infusion from Chestnut Hill Ventures comes at a key time in our growth as our retail and bank partners look to Affinity for innovative technologies that drive value for our retail and bank partners and engage customers,” said Jonathan Silver, president and chief executive officer of Affinity Solutions.

    Read the full story here.