Updated:
Lili
Lili is a small-business banking platform serving over 200,000 businesses through a charter-leveraged fintech model built on Sunrise Banks.
Lili
General information
Firm type
Financial Technology
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
15 West 18th Street, New York, NY 10011, United States
Sector focus
Frequently asked questions
Is Lili a bank?
No. Lili App Inc. is a financial technology company, not a bank. All deposit accounts and the Lili Visa Debit Card are issued by Sunrise Banks, N.A., Member FDIC. The firm itself operates as a software and customer-experience layer on top of a regulated banking partner.
How does Lili provide up to $3 million in FDIC insurance?
Lili uses a sweep network of program banks to distribute customer deposits. Standard FDIC insurance covers up to $250,000 per depositor, per insured bank, per ownership category. By spreading deposits across multiple FDIC-insured institutions, Lili extends coverage up to a combined $3 million, per the firm's website.
Who runs Lili?
Lili does not publicly disclose its leadership team or board of directors on its website, in its terms of service, or in readily available public filings. No named executives or founders have been identified from the firm's own sources.
What does Lili's BusinessBuild product do?
BusinessBuild is a credit-building add-on launched in collaboration with Dun & Bradstreet. It provides two tradelines reported to Dun & Bradstreet, credit monitoring, and alerts. The feature is available as a paid subscription after a one-month trial and is not offered to sole proprietorships or non-U.S. citizens.
Does Lili lend directly to businesses?
No. Lili does not originate loans. It refers users seeking business loans or lines of credit to third-party lending partners. Underwriting and loan decisions are handled entirely by those external providers.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on investors?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: