Affiniti, the expense management platform that provides co-branded credit cards for small businesses, has raised up to $62 million in debt and equity. It raised $11 million in equity financing from Indicator Ventures, Emigrant Capital Corp., Day One Ventures and RiverPark Ventures, and $15 million in debt financing from Keystone National Group (which can be upsized to $50 million) to support its credit card lending solution. Affiniti partners with trade associations to offer co-branded credit cards with rewards and features providing a white-label expense management platform that connects SMBs’ bank and QuickBooks accounts.

SMB Credit Card Startup Affiniti Raises $62M In Debt and Equity