Lili - Small Business Finances

11K reviews
Content rating
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About this app

Lili is a business finance platform that enables small businesses to manage all aspects of their finances in one place. With business banking, smart bookkeeping, unlimited invoices & payments, and tax preparation tools–you’ll always know where your business stands.


- Business Checking Account
- Visa® Business debit card*
- Mobile Check Deposit
- Fee-free ATM withdrawals at 38K locations
- Cash Deposit at 90k participating retailers
- Get paid up to 2 days early
- No minimum balance or deposit required
- No hidden fees
- Automatic Savings
- Cash Back Rewards**
- Fee-free Overdraft up to $200**
- Savings Account with 4.15% APY****


- Expense management tools and reports
- Income & expense insights***
- Attach receipts to expenses with a quick photo from your phone
- On-demand reporting including profit & loss and cash flow statements***


- Automatic labeling of transactions into tax categories
- Write-off tracker
- Automated tax savings
- Pre-filled business tax forms (including Forms 1065, 1120, and Schedule C)***


- Create and send customized invoices
- Accept all payment methods
- Track unpaid invoices and send payment reminders


- Lili Academy: Videos and guides that cover all aspects of running a small business
- Free tools, downloadable resources, long-form guides and blog articles
- Discounts on relevant tools from our partners
- Curated newsletters and business-related content


All Lili accounts are insured up to $250,000 through our partner bank Choice Financial Group, Member FDIC. Lili business accounts and debit cards are protected by industry-leading encryption software and security protocols, including fraud monitoring and multi-factor authentication. Lili customers receive transaction alerts in real-time, can access their account from mobile or desktop anytime and instantly freeze their card if needed.


Lili is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Sunrise Banks N.A., Members FDIC.

*Issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa.

**Available to Lili Pro, Lili Smart, and Lili Premium account holders only, applicable monthly account fee applies.

***Available to Lili Smart and Lili Premium account holders only, applicable monthly account fee applies.

****The Annual Percentage Yield (“APY”) for the Lili Savings Account is variable and may change at any time. The disclosed APY is effective as of September 1, 2023. Must have at least $0.01 in savings to earn interest. The APY applies to balances of up to and including $100,000. Any portions of a balance over $100,000 will not earn interest or have a yield. Available to Lili Pro, Lili Smart, and Lili Premium account holders only.
Updated on
Apr 16, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Files and docs, App info and performance, and Device or other IDs
This app may collect these data types
Personal info
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

10.8K reviews
Lavender Hale
February 12, 2024
I love the tax bucket, I pay extra each month to keep it. But my debit card expired at the beginning of January and they just haven't updated it, including in the app. I emailed customer support and got an unhelpful bot response that didn't address the issue at all, and they have simply ignored my follow up emails. I have business payments linked to this expired card that are rejecting and it has made it relatively unusable. An unexpired card should be a basic feature, this is unacceptable.
8 people found this review helpful
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Lili App Inc.
February 13, 2024
Your card was reissued on November 15th and expires in 2028. The card information you see via the app shows these latest card details. You can activate that card and use it digitally. Please note that agents have responded to both of your emails at the beginning of February. I will ask someone to reach out to you by telephone for further service.
Joe Kersch
July 26, 2022
Generally works fine. As of 7/25/22 mobile check deposit does not work on a Pixel 6 Pro. It takes the front picture, then tries to pull up the keyboard on top of the camera. I minimize the keyboard, take the picture of the back of the check, and then it bumps me back to the start of the process without any error message. Works perfectly fine on an S10e.
57 people found this review helpful
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Lili App Inc.
July 26, 2022
Hi Joe, thanks for the feedback! We appreciate you bringing this to our attention! If you have more feedback or even suggestions that could help us make Lili even better, you can use the "Rate Us" feature in the app!
Daniel Ikpeama
September 3, 2021
I really like the idea of Lili, and when it works as intended, it's great! However, for an online only bank that has no web interface or access via physical location to not have a reliable app with consistently working mobile check deposit, ACH Transfer, or debit activation, that is unacceptable. In addition, in all customer support must be a complete lie, as I have made 2 separate support requests through the app and never received any response or even confirmation.
53 people found this review helpful
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Lili App Inc.
September 9, 2021
Hi Daniel. I'm sorry to hear of your difficulties. This list of issues is surprising knowing that we have thousands of customers using these features daily. I saw your email correspondence with one of Lili's agents and have asked one of our more experienced agents to reach out to provide further assistance. Best regards.

What's new

Big changes come with small improvements. 💪