“Can a data-powered trade-credit platform drive customer non-payment rates toward zero for B2B businesses?”
Elroy was founded in 2020 as a B2B trade-credit trust and risk platform, targeting businesses that extend credit to customers. Its core proposition is reducing non-payment rates through data-powered predictive alerts, digitized credit applications, and real-time customer monitoring. The platform sits at the intersection of credit risk SaaS and embedded lending infrastructure, serving businesses that need to manage trade-credit relationships at scale.
Elroy discloses Evolve Bank & Trust as its banking provider, according to the Embedded Finance Index 2026.
Elroy does not disclose a bank charter of its own; its banking services are provided through Evolve Bank & Trust.
The Embedded Finance Index 2026 maps 3 layers in Elroy's stack: Banking / BaaS (Evolve Bank & Trust); Lending (Trade credit risk monitoring, Automated credit applications, Real-time credit breach alerts and Customer profile monitoring); Sponsor bank (Evolve Bank & Trust).
Elroy is founded in 2020 and headquartered in Unknown.
Elroy has raised Unfunded in total.
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