Lili

We are excited to announce that you can now sync your business credit card with Lili! Once your credit card is synced, every transaction is automatically categorized by Lili AI. These transactions are then incorporated into your financial and tax reports, giving you insights into your spending patterns and cash flow, ensuring that every deductible is tracked. This new product launch reflects our mission to provide a unified financial platform that simplifies financial management for small businesses by streamlining banking, accounting and tax processes. Start syncing today and boost your business’s bottom line. #creditcard #financialmanagement #LiliAI #taxsavings #smallbusiness #CashFlow Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC. Wire Transfer service provided by Column Bank N.A., Member FDIC.

Building business credit: Where to start? Let’s be honest – building business credit can feel overwhelming. But it’s one of the most important steps to set your business up for long-term success. Strong business credit unlocks better financing options, boosts cash flow, and builds trust with partners. So, how do you get started? We’ve got you covered! In our latest step-by-step blog, we break down the essential steps to establish and grow your business credit, whether you're just starting out or strengthening your financial foundation. Ready to boost your business? Check out the full guide and take control of your creditworthiness: https://ow.ly/N2Wg50Tz8Fq #businesscredit #smallbusinessowner #financialhealth #SmallBusiness #BusinessCredit #FinanceTips #Lili Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC.

🎉 We have been named Accounting Tech of the Year Finalist for the US Fintech 2024 Awards!🎉 We’ve always known that banking alone isn’t enough for small businesses. Small business owners face a broken financial system where managing finances is far too inefficient and complicated, hurting their chances of success. That’s why we’ve built accounting tools that work with the banking services offered on our platform—because we understand that managing finances goes beyond just transactions. From predictive expense categorization and invoicing software to tax-saving tools and auto-generated financial reports, our AI-powered accounting features are designed to automate and streamline our customers' financial management and enable them to concentrate on growing their business. We're grateful for this recognition, which reinforces our commitment to helping small businesses thrive. Big things ahead! 💪🚀 #Lili #USFintechAwards #AccountingTech #SmallBusiness #Fintech #AwardNominee #BusinessBanking Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC.

Are you building business credit for your company? While most people are keenly aware of the power of good personal credit, business owners often overlook the transformational advantages of building strong business credit. From unlocking access to capital to protecting the owner and boosting reputability, building business credit is a smart move for any business. Read more about it on the Lili blog: https://ow.ly/42Wh50TrtSw #BusinessCredit #SmallBusiness #Finance #SMBs #BusinessGrowth #Lili

The financial services industry has undergone a remarkable transformation over the last decade, driven by extensive growth and innovation within the fintech sector. Fintech's journey is just beginning. Despite the rapid advancements, according to BCG, fintech is only 3% done, with 97% of the opportunity still ahead of us. The banking industry is one industry being disrupted by fintech both on a consumer and institutional level, pushing traditional banks to innovate and adapt their services to keep pace with digital advancements. As the industry evolves, so does Lili, keeping small business customers at the heart of its mission. With responsible innovation, fintech can create a future where financial services are accessible, efficient, and beneficial for all, driving growth, innovation, and prosperity in our communities. Read more from our CEO, Lilac Bar David, about how the fintech industry is reshaping finance to work better for everyone: https://ow.ly/CfVf50T9On3 #FintechInnovation #FinancialTechnology #DigitalBanking #SmallBusinessGrowth Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC.

We’re proud to announce that Lili is ranked in the top 500 on the Inc. 5000 list of the fastest-growing companies! We are also ranked in the top 50 for the New York and Financial Services categories. This recognition highlights our rapid growth and unwavering commitment to simplifying financial management for small business owners. Thank you to our incredible team and valued customers for making this journey possible. Stay tuned for more exciting updates! Read more: https://lnkd.in/ggUGydu #inc5000 #award #smallbusinesses #fintech #innovation Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC.

Lili is thrilled to announce a strategic collaboration with Dun & Bradstreet, a global leader in business decisioning data, analytics, and business credit reporting solutions, to empower small businesses to take steps to establish business credit. Dun & Bradstreet’s small business customers can now apply to open a Lili business checking account directly from the Dun & Bradstreet myD&B platform, which provides access to D&B products and solutions for small businesses together in one centralized portal. More than three quarters of small business owners are concerned about their ability to access capital, and hurdles in accessing credit can significantly curtail business growth. “With a majority of small businesses relying on their personal savings to fund their business due to lack of access to credit and capital, there is a pressing need for more tools to help small businesses succeed,” said Lilac Bar David, co-founder and Chief Executive Officer of Lili. “We are delighted that Dun & Bradstreet has chosen Lili to help its customers access innovative financial solutions, providing them with better resources to set them up for success.” #SmallBusiness #BusinessCredit #DunAndBradstreet #CreditInsights #FinancialSolutions *Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC. By integrating your Lili Business Bank Account through the D&B Credit Insights banking integration feature, there may be potential for you to positively impact your Delinquency and Failure Scores. Dun & Bradstreet requires a minimum of six months of business banking transaction history to be able to potentially impact these scores.

📣 We are pleased to announce improvements to your financial transaction capabilities. Benefit from increased limits, outgoing domestic wire transfers, and the ability to mail checks. 📣 Pay the way you want with higher limits and enhanced payment options! #moneymovement #fintech #paymentoptions #supportsmallbusinesses Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC. Wire Transfer service provided by Column Bank N.A., Member FDIC. Only available for Lili business deposit accounts opened through Sunrise Banks, N.A., Member FDIC.

A recent Forbes article discusses the exciting future of Accounting AI in finance and accounting. It highlights Lili’s Accountant AI, an AI-powered business advisor that delivers instant, personalized, and impactful answers to business owners’ accounting questions. Accountant AI harnesses businesses’ financial data and the latest industry information to provide business owners with personalized, instant recommendations about their businesses’ finances. “For business owners who cannot afford an accountant or more expensive accounting tools, Accountant AI is a game changer," said Lilac Bar David, CEO of Lili. "Accountant AI will revolutionize the way business owners interact with their financial data by providing them with quick and more affordable answers to their accounting and financial questions." To read the full article click here: https://ow.ly/NiCx50SGHnI #SmallBusinessOwners #AccountingAI #BusinessFinances Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC.

“Many small business owners struggle to get their businesses off the ground because they lack financial knowledge and the funds to invest in a robust task force or systems to help them succeed,״ said our CEO, Lilac Bar David. “Despite this knowledge gap, according to a recent Lili survey, 80% of small business owners handle their own accounting and finances. Embracing generative AI could help boost financial literacy among small business owners, giving more owners accessible tools to succeed.” In her recent op-ed featured in CPA Practice Advisor, Bar David discusses how generative AI will disrupt accounting. She highlights the increasing expectation for accounting professionals to adopt a technology-centric approach, even though many organizations still rely on outdated processes that cause frustrations among workers and slow down the ability of business leaders to optimize their strategic focus. #AI #Accounting #Finance #AccountingProfessionals #FinancialLiteracy Read the full article here: https://lnkd.in/eFJPaAEv Lili is a financial technology company, not a bank. Banking services are provided by Choice Financial Group, Member FDIC, or Sunrise Banks, N.A., Member FDIC.