Lili - Business Banking

Lili - Business Banking

Banking, Accounting & Taxes

6.9K ratings
208 reviews
Free

Details

  • Released
  • Updated
  • May 24, 2019
  • July 1, 2026

Features

Lili - Business Banking screenshot #1 for iPhone
Lili - Business Banking screenshot #2 for iPhone
Lili - Business Banking screenshot #3 for iPhone
Lili - Business Banking screenshot #4 for iPhone
Lili - Business Banking screenshot #5 for iPhone
Lili - Business Banking screenshot #6 for iPhone
Lili - Business Banking screenshot #7 for iPhone
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About

This all-in-one platform offers business banking, smart bookkeeping, tax preparation, credit building, and invoicing for small business owners. Manage your finances, track expenses, and get paid faster, all in one place.

Business checking account
Smart bookkeeping tools
Tax preparation features
Credit building program
Professional invoicing
Expense tracking and reports
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What users say

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What's New in Lili

26.6.2

July 1, 2026

bug fixes

User reviews

Do Not Trust Them

I am a very new business owner. I do realize, I am going to make mistakes. However, instant transfers (despite the .50 instant transfer fee) are not instant. They still take 3 days? I do not have any of the money I made, it is in pc limbo who knows where. They do not even know how to communicate with their clients they are servicing, no one has any information because I am online through my banking establishments. I mean thank heavens it was only a small sum of money, but now my family and I cannot even get the basics. I am so disheartened by the lack of integrity in this world.
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stay AWAY Scam Bank

their app glitches and so foes their site and you cannot pay your credit card and they ruin your credit score. they won't close my acct. SCAM BANK.

Wouldn’t recommend

It works but, the acc to acc transfers take over a week do process. In my opinion that is crazy, I’m switching to Wells Fargo.

Love Lili!

I honestly can’t imagine what I’d do without Lili! It does all the organizing and keeping track for me!

Account since 2021

I have had an account since March 2021 . I had to file a dispute for over $3800 for Apple Pay . They did not honor the dispute after I provided proof . So I lost $3800 after providing proof . This is such a joke . Paying $35 a month just to be cheated out of my money.

User experience

🐞

Reported Bugs

2 issues

Inconsistent mobile deposit functionality

Bug

Incorrect account balance and transaction reporting

Bug

Requested Features

4 requests

Instant transfer options between accounts

Feature

Ability to easily downgrade subscription plans

Feature

Support for linking to other payment platforms

Feature

Improved dispute resolution process

Feature

FAQ

What does Lili do?

Lili is a comprehensive business finance platform designed for small business owners. It integrates business banking, smart bookkeeping, tax preparation tools, credit building features, and professional invoicing capabilities into a single application.

What are the key features of Lili?

Key features include a business checking account with no minimums, a Lili Visa® Debit Card with cashback rewards, a savings account earning interest, integrated accounting tools for expense tracking and reports, simplified tax preparation with auto-categorization and write-off tracking, a credit building program, and professional invoicing tools.

Is Lili free to use?

Lili offers a free tier with basic features. However, certain advanced features like real-time expense tracking, custom reports, profit & loss statements, and pre-filled tax forms are available with Lili Pro, Smart, and Premium accounts, which have monthly fees.

What kind of businesses is Lili suitable for?

Lili is built for small business owners, including freelancers, independent contractors, and entrepreneurs who need to manage their business finances efficiently. The BusinessBuild program is available to all Lili Accounts except sole proprietorships.

How does Lili help with taxes?

Lili simplifies tax preparation by automatically categorizing transactions by tax type. It includes a built-in write-off tracker and tax savings tools. For higher-tier accounts, it offers pre-filled tax forms like 1065, 1120, and Schedule C, making tax season less stressful.