Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Parlay Protocol streamlines SBA loan processing, enhances packet quality, engages borrowers effectively, and maximizes applicant pools with readiness scoring. Lenders enjoy a 64% boost in approved loans and an 87% reduction in manual workload for underwriting. Parlay’s white-labeled solution strengthens borrower-lender ties and unveils cross-selling opportunities. Small businesses receive comprehensive support, attracting deposits and generating additional revenue streams.

How they describe their product/innovation: Parlay Protocol is an embedded fintech software that helps financial institutions get more small businesses approved for loans. Lenders leverage Parlay Protocol to generate high-quality loan packets and enable scalable technical assistance for small business applicants. This fosters customer loyalty, improves efficiency of lending operations, and increases interest and fee income for Parlay’s lending partners.

Product distribution strategy: Direct to Business (B2B), Through financial institutions

Credit Union/Community Bank Fit: Credit Unions, Community Banks

Contacts:

Bus. Dev.: Trisha Wyman (Business Intelligence & Research Director), trisha.wyman@parlay.finance
Press: Jay Long (COO), jay@parlay.finance, 716-479-1400