Affinity recently launched!

Launch YC: Affinity - The compliance training platform built for regulated industries

"Supercharge your compliance management system with Affinity’s customizable, state-of-the-art learning management platform."

TL;DR: Affinity is a compliance training platform designed specifically for regulated industries. TheyFaraz Rana & previously built Bread - a fintech - from inception to a $450M exit and are leveraging that experience to solve the learning management needs of regulated tech companies from growth stage to large enterprise banks.

Founded by Faraz Rana & Peter Greczner

They have known each other for almost a decade and spent much of that time building out a buy-now, pay-later fintech called Bread ($450M exit). Faraz led legal and compliance, and Peter led engineering. Through Bread’s growth they have learned how important compliance education is for teams to be effective in a regulated space.

Problem and Current Market

While scaling Bread, they learned how necessary training is in the fintech industry for all stakeholders both internal (your employees) and external (your vendors and clients), and how glaringly inefficient the process is.

For example:

  • Fintech bank sponsors lack standardized training across portfolio companies;
  • Fintechs themselves train thousands of their business customers using valuable human hours;
  • Compliance and HR teams use sign up sheets and spreadsheets to track internal trainings;
  • Ineffective trainings create bigger problems later on when companies are just starting to scale.

And it’s not just fintechs who face these problems, it’s all regulated industries.

How Affinity Solves This

They have built:

1. A platform that allows organizations, such as banks, to standardize training across external parties.

Image Credits: Affinity

2. A workflow management tool that allow companies to assign trainings based on internal policy rules.

Image Credits: Affinity

3. Relevant, practical content and ways to customize the content.

Image Credits: Affinity

4. Data for reporting to regulators and auditors.

Image Credits: Affinity

In short: they help regulated companies make compliance training seamless and powerful.

The Future (to Affinity and beyond!)

  • A dynamic content creation platform built in.
  • Leveraging AI and LLM’s for interactive learning experiences.
  • The best and most useful trainings available in every vertical and industry.

Asks from the community

  • Introductions to Fintechs and tangential regulated companies (all sizes)
  • Introductions to Banks
  • Introductions to Compliance and HR teams
  • Tell them what you’re not getting from your current learning management systems

Learn More

🌐 Visit www.itsaffinity.com to learn more.
🤝 Get started with Affinity today.
📅 The team would love to walk you through getting started. Reach out here.
👣 Follow Affinity on LinkedIn.
Posted 
March 14, 2025
 in 
Launch
 category
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