Alec Whitten • 17 Jan 2024
Parlay joins Project Fintech, with ABA and Jam Fintop
Parlay is a 9-month proigram run by Nashville Entrepreneurship Center for fintech start-ups, with an emphasis on “banktech”.
Parlay is an AI-powered Loan Intelligence System (LIS) that complements Loan Origination Systems and helps community banks and credit unions get more small businesses approved for loans.
Partners
Parlay is proud to partner with a network of trusted financial institutions, CDFIs, ecosystem partners, and capital providers.
About: How It Works
Parlay improves the application process for borrowers and delivers unique borrower insights to financial institutions.
Help applicants rapidly generate accurate and complete loan requests.
Maximize loan approval rates using readiness scoring and personalized recommendations.
Monitor applicant readiness and maximize underwriting efficiency using data-driven analytics.
Features
Increase your approvals, efficiencies, and loan interest and fee revenue while serving your community.
Applicant portal helps small businesses build complete packets in record time.
Real-time data feeds and proprietary algorithms score applicant eligibility.
Unique recommendation engine helps businesses improve their creditworthiness.
Empower loan officers to monitor applicant progress and underwriting eligibility.
Automatically surface prime, marginal, and ineligible candidate pools.
Key ratios, industry averages, and loan applicant readiness in real-time.
White Labeling
Empower your financial institution to offer a cutting-edge loan origination enhancement tool under your own brand, providing a seamless experience for your users.
Customize our platform to align perfectly with your brand, ensuring a familiar and engaging user journey.
Seamlessly connect our solution with your systems for a unified and efficient loan processing experience.
Drive user engagement and loyalty with an intuitive platform that keeps your customers consistently connected.
Start Your Journey
Connect with a Parlay team representative today to learn about our newest offerings and capabilities.