PYMNTS-MonitorEdge-May-2024

Lili

Today In Digital-First Banking: Lili Lands $55 Million; MiCamp Solutions Buys American Bank Payments
Today In Digital-First Banking: Lili Lands $55 Million; MiCamp Solutions Buys American Bank Payments
May 12, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Lili has notched $55 million via a Series B funding round, while MiCamp Solutions has purchased American Bank...

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Lili Notches $55 Million For Freelancers’ Digital Banking Service
Lili Notches $55 Million For Freelancers’ Digital Banking Service
May 11, 2021  |  Investments

Lili, the New York- and Israel-based banking app for freelancers, has raised $55 million in a Series B funding round, which brings the startup’s total...

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Plaid Unveils Deposit Switch To Digitize Account Funding
Plaid Unveils Deposit Switch To Digitize Account Funding
January 28, 2021  |  Banking

Plaid introduced its Plaid Deposit Switch beta product, which lets users set up or modify the destination of their paychecks. The FinTech says Deposit Switch...

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Freelance-Worker Banking App Lili Sees 700 Pct Boost During Pandemic
Freelance-Worker Banking App Lili Sees 700 Pct Boost During Pandemic
November 12, 2020  |  Digital-First Banking

Many businesses have benefited from the digital shift and lifestyle changes brought on by the coronavirus, but few have seen the kind of growth that...

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Today In Digital-First Banking: Freelancing Banking App Lili Lands $15M; Alacriti Rolls Out RTP Product For Financial Institutions
Today In Digital-First Banking: Freelancing Banking App Lili Lands $15M; Alacriti Rolls Out RTP Product...
October 23, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, freelancer banking app Lili has notched $15 million in a funding round, while New Jersey-based FinTech Alacriti is...

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Freelancer Banking App Lili Nets $15M For Expansion
Freelancer Banking App Lili Nets $15M For Expansion
October 22, 2020  |  Investments

All-in-one banking app Lili, which is typically used for freelancers, has raised $15 million in a funding round, a press release says, bringing its total...

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Why Banks Must Gear Up For A Growing Freelancer Base
Why Banks Must Gear Up For A Growing Freelancer Base
June 05, 2020  |  B2B Payments

With dramatic disruption in the economy, the freelancer community is in flux. Many self-employed entrepreneurs have seen their businesses muted or entirely wiped out as...

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Digital Banking Moves To Forefront Of VC Efforts
Digital Banking Moves To Forefront Of VC Efforts
June 05, 2020  |  B2B Payments

In the FinTech funding world, Varo Money stole the spotlight this week with a $241 million funding raise. The Series D round, led by Gallatin...

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Freelancer Banking App Lili Raises $10M In Seed Funding Round
Freelancer Banking App Lili Raises $10M In Seed Funding Round
June 03, 2020  |  B2B Payments

Lili, which works to provide online banking services for freelancers, notched $10 million in a seed funding round led by Group 11, according to a...

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