Small business banking platform Lili has added accounting software to its toolkit. The new product — dubbed “Lili Smart” — makes Lili the nation’s first super app for banking, the company said in a news release Tuesday (April 18). “Banking and accounting are part of...
An interview with Lilac Bar David, founder and CEO of FinTech Lili, on how financial institutions (FIs) and FinTechs can ensure smooth money transfers — Small- to medium-sized business (SMB) owners are the backbone of the modern economy, contending with the same challenges as their...
Digital payments have become table stakes in the United States and worldwide. More than $6.6 trillion in digital payments changed hands last year, a 40% increase from the two years prior. This sum is projected to hit $10.5 trillion within the next four years, and...
When the oven in a pizza shop goes out, the owner must replace it immediately. They can’t wait until their revenues add up to where they can make the purchase. That’s one of the ways in which the financial needs of small business owners, self-employed...
September 09, 2022
Digital payments have become table stakes in the United States and worldwide. More than $6.6 trillion in digital payments changed hands last year, a 40% increase from the two years prior. This sum is projected to hit $10.5 trillion within the next four years, and consumers and businesses are expected to become more demanding accordingly. […]
November 12, 2020
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 the freelancer-banking app Lili has...
April 18, 2023
Small business banking platform Lili has added accounting software to its toolkit. The new product — dubbed “Lili Smart” — makes Lili the nation’s first super app for banking, the company said in a news release Tuesday (April 18). “Banking and accounting are part of the same process, yet legacy banks historically have separated these […]
May 11, 2021
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 funding to date to $80...
January 28, 2021
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 comes with immediate and backup...
October 22, 2020
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 raised to $25 million. Growth...
