“Can a 25-year-old niche parking SaaS remain the reference vendor for university and municipal parking operations as the category consolidates around mobile-first, gateless, LPR-driven platforms?”
iParq (operated by iNet Inc.) has been a specialist parking management SaaS since 1999, focused on universities, municipalities, and event venues. Its platform bundles permits, LPR-based enforcement, adjudication, event parking, and integrated payments (Parking on Demand / POD). Embedded finance exposure is limited to card acceptance on parkers' behalf and third-party collections partnerships — there is no evidence of BaaS, lending, issuing, or other embedded financial products.