Affinity Technology Group, Inc.

Ticker: AFFI		1333 Main Street, Suite 101
Exchange: NASDAQ-National Market		Columbia, South Carolina 28201-3201
Industry: High-Tech		(803) 254-9006

Type of Shares:	Common Shares	Filing Date:	2/8/96
U.S. Shares:	4,400,000	Offer Date:	4/25/96
Non-U.S. Shares:	0	Filing Range:	$10.00 - $12.00
Primary Shares:	4,400,000	Offer Price:	$13.00
Secondary Shares:	0	Gross Spread:	$0.91
Offering Amount:	$48,400,000	Selling:	$0.50
Expenses:	$600,000	Reallowance:	$0.10
Shares Out After:	27,113,680

Manager	Tier	Phone
Montgomery Securities	Lead Manager	4156272220
Donaldson, Lufkin & Jenrette Securities Corp.	Co-manager	(212) 504-4525
Salomon Brothers Inc.	Co-manager	(212) 783-2947

Auditor: Ernst & Young
	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/95				12/31/95
Revenue:	$1.52			Assets:	$4.59
Net Income:	-$2.31			Liabilities:	$3.97
EPS:	-$0.09			Equity:	$0.62
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company develops and markets electronic commerce technology that enable consumers to access financial services including applications and approvals of loans through a variety of platforms. The company currently markets one product, the Affinity Automated Loan Machine which permits a consumer too apply for and receive a loan without human intervention in as little as 1 minutes. Similar in appearance to an automated teller machine

Use of Proceeds

The proceeds from the proposed offering will be used for general corporate purposes, including capital expenditures, research and development, the repayment of outstanding debt and working capital. The company expects to use a portion of the net proceeds to conduct an extensive marketing campaign and may use a portion of the net proceeds to acquire businesses, services, products or technologies complementary to the company's current business.

Last updated: 10/28/96