Founded in Alexandria, Virginia, Parlay Finance is a B2B SaaS platform focused on enhancing financial inclusivity by providing alternative creditworthiness scoring and new loan approval pathways for small businesses. The company partners with community banks and credit unions to offer its services as a white-label product, aiming to improve small business lending conversions and efficiency through a user-friendly applicant portal, loan readiness scoring, and pipeline analytics.
Parlay Finance collaborates with a network of trusted financial institutions, CDFIs, ecosystem partners, and capital providers. The platform has significantly impacted the financial sector by enabling more than 33 million small businesses in the US to access necessary financial resources. Through its innovative technology and strategic partnerships, Parlay Finance has successfully increased loan approvals and provided critical support to underserved markets.