Lili is a business finance platform designed for small businesses, offering banking services with no hidden fees and no minimum balance requirement. In addition to business banking, Lili offers accounting, invoicing2 and tax preparation software that simplifies the management of your business finances, so you can focus on growing the business you love.
The Lili mobile app is available on iOS and Android mobile devices, as well as on desktop via the Lili web platform.
Our mission at Lili is to empower small business owners by making the financial aspects of their business easier to manage and understand. Our focus is on instilling confidence in our customers so they can focus on growing their business. To accomplish this, we provide a platform to manage banking, accounting, invoicing2, and tax preparation all in one place.
Yes! Lili is designed for small business owners. Lil’s platform combines business banking, accounting, invoicing2 and tax preparation software in order to enable businesses to operate seamlessly and focus on achieving success.
Lili offers business banking with no hidden fees. Lili also does not charge ATM fees (in-network), although you are responsible for any ATM provider fees.
Lili is not a bank – Lili is a technology company offering a business banking platform. Banking services are provided by Choice Financial Group, Member FDIC.
Lili provides a single platform to manage all aspects of a business’s finances, helping business owners manage their payments (both spending and getting paid), balance their books, clarify their financial position, and prepare their taxes.
With Lili, business owners are empowered with instant transaction categorization, smart bookkeeping, the ability to create and send professional invoices, and tax prep software that simplifies tax season. For business owners, centralizing all aspects of their business finances with Lili means streamlining business operations and getting clarity about their financial position, which ultimately enables them to focus on what’s most important: growing their business!
Lili’s banking services are provided by our partner bank, Choice Financial Group, Member FDIC. More information about Lili’s partnership with Choice Financial Group can be found here.
Yes! Lili offers Lili Pro, Lili Smart, and Lili Premium customers fee-free overdraft with our BalanceUp feature4. BalanceUp enables you to make debit card purchases that overdraw your Lili account up to $200 with no overdraft fees.
You can open a Lili account here and download the Lili mobile app via the App Store or Google Play.
Once you open your account and download the Lili mobile app, you can start using your digital card! To view your card details, open your Lili mobile app/log in to your Lili account via the web platform, go to the menu, and tap on ‘View My Card’.
After opening your account, your physical Lili card will automatically be sent to the address provided while signing up .
Yes! While your Lili account must be registered under your own name, you can add your business name to your account. To add your business name to your Lili account, follow the steps available here.
Yes – you can withdraw cash from your Lili account at ATMs anytime! Lili doesn’t charge withdrawal fees from more than 38,000 ATMs across the US. You can find the ATM closest to you using our Free ATM locator available in the Lili platform.
If you are an existing Lili account holder, you can upgrade your Lili Basic plan to Lili Pro, Lili Smart, or Lili Premium by following the instructions available here.
Learn more about the different Lili account plans here.
If you haven’t joined Lili yet, you can sign up here.
During the signup process, you can choose between Lili Premium, Lili Smart, Lili Pro, or Lili Basic.
Lili offers our customers powerful accounting tools including expense categorization, smart bookkeeping, invoicing2 and tax preparation tools.
If you currently use Quickbooks, you can integrate Quickbooks with your Lili account by following the steps here. Once your Lili account is connected to QuickBooks, it will automatically send transactions to QuickBooks on a daily basis.
You can find the answers to many frequently asked questions in our Help Center.
If you still have any questions, our Customer Service team is here to help! We’re available Monday through Friday via email at [email protected]. Our hours of operation are Monday to Friday, between 9 AM and 7 PM EST. You can also check out our chat bot via the Lili platform, which is available to assist you 24/7!
There is nothing more important than protecting your information and privacy. In addition to your account being FDIC-insured by Choice Financial Group, Member FDIC, we have multiple layers of security both on our website and within the Lili platform to ensure the safety and integrity of your account and data.
There are important things you should do to keep things secure on your end, as well. Make sure you choose passwords that only you will know and if you have access to more sophisticated technology like Touch ID or facial recognition, use it!
If you notice a transaction that you don’t recognize, please follow the steps listed here.
Feel free to review Lili’s Privacy Policy for details about how we protect the privacy of Lili account holders.
Absolutely – all Lili accounts are FDIC-insured up to the standard maximum deposit insurance amount of $250,000 by our partner bank, Choice Financial Group, Member FDIC.
You can also use your Lili Visa business debit card to withdraw cash at over 38,000 ATMs across the US, free of charge. Find the nearest one using our Free ATM locator in the Lili platform.
If you don’t recognize a transaction in your Lili account, we urge you to temporarily freeze your card in order to avoid any other fraudulent transactions being posted in your account. You can do so as follows:
Log in to your Lili account
In the Menu, under Lili Card Settings, switch “Transactions are allowed” to off.
After following the above steps, you should contact us immediately by calling 855.545.4380.