No monthly fees for the Core bank account
No minimum balance requirements
High APY on savings account
Comprehensive financial tools (banking, bookkeeping, invoicing, taxes) in one place
Strong security features and FDIC insurance

Cons

Business credit and expedited check deposits may have specific eligibility or fees not fully disclosed on the main page

What is Lili?

Lili provides a comprehensive financial platform tailored for small businesses, freelancers, and independent contractors. It combines banking services with integrated tools for bookkeeping, invoicing, and tax preparation, aiming to simplify financial management for entrepreneurs. The platform offers features like high-speed payments, business credit options, and a high-yield savings account, all accessible through a single interface. The service emphasizes ease of use, security, and cost-effectiveness, with a core bank account offering no monthly fees and no minimum balance requirements. It also provides robust security features, real-time transaction alerts, and FDIC insurance up to $3 million through a sweep network. Lili is designed to help small business owners manage their finances efficiently, track spending, and prepare for taxes, allowing them to focus more on their core business activities.

Available on: Web

Data compiled by Toolradar Pricing checked Nov 7, 2026 · How we evaluate

Source lili.co

Preview

Key Features

High-speed, high-volume payments (Express ACH, domestic & international wires)
Expedited check deposits
Business credit with flexible terms
Up to 4.00% Annual Percentage Yield (APY) on savings
Up to $3 Million FDIC Insurance through a sweep network
Seamless integration with business tools
Real-time controls and monitoring (instant card freeze, alerts, fraud monitoring)
Bookkeeping tools

Pricing Plans

Free Trial

Pricing checked Nov 7, 2026. Source: lili.co/plans, read Nov 7, 2026

Lili plans and prices, checked November 2026
Plan	Price	Details
Lili Core	$0 / mo
Lili Pro	$15 / mo	Expense and Tax Management Organize your expense transactions into tax categories Attach receipts to expenses, add notes +2 more Show less Easily generate quarterly and annual expense reports Tax savings: Automatically allocate funds towards the tax payments
Lili Smart	$35 / mo	Accounting Software Income and expenses: Organize your business transactions Bookkeeping automation: Predictive transaction categorization powered by Lili AI +6 more Show less Receipt capture: Add receipts and notes to expenses Enhanced reporting: On-demand reports including profit & loss and cash flow statements Invoice and payments: Easily create and send unlimited invoices, track invoice status and send reminders, and accept payments instantly Bill management: Auto-scan your bills and pay them instantly Sync external business bank account and credit card transactions Tax Savings Automatically allocate funds towards tax payments
Lili Premium	$55 / mo	Premier Priority Service Front-of-the-line support with a dedicated specialist, available 7 days a week. Accounting Software +8 more Show less Income and expenses: Organize your business transactions Bookkeeping automation: Predictive transaction categorization powered by Lili AI Receipt capture: Add receipts and notes to expenses Enhanced reporting: On-demand reports including profit & loss and cash flow statements Invoice and payments: Easily create and send unlimited invoices, track invoice status and send reminders, and accept payments instantly Bill management: Auto-scan your bills and pay them instantly Sync external business bank account and credit card transactions Tax Savings Automatically allocate funds towards tax payments

Included in all plans

Advanced Business Banking
Business Checking Account with a Visa® Debit Card
Flexible Payment Options: ACH, Check and Wires
Business Credit Access
Savings with up to 4.00% APY
FDIC Insurance up to $3M
Integrations to your Existing Business Tools
7-Day Customer Support

Calculate your cost View full pricing

Is Lili worth the price?

Good value

Lili offers a generous free tier, 'Lili Core', providing essential banking features, which is excellent for new freelancers or very small businesses.

The 'Lili Pro' at $15/month offers good value for tax and expense management. However, 'Lili Smart' at $35/month and 'Lili Premium' at $55/month become quite expensive for accounting software, especially when compared to dedicated accounting solutions.

It's best for freelancers and small businesses prioritizing integrated banking and basic financial management.

Full Lili pricing: every plan, hidden costs and alternatives

How Lili's pricing compares

At $15/mo flat, whole organisation, billed monthly, Lili is the most affordable of its 5 comparable direct competitors.

Lili

$15

$19

$27

$35

$38

$199

Not ranked, different unit or currency: Relay $30/mo, billed monthly.

Entry paid plan, monthly price, flat fee for the whole organisation, billed monthly. Pricing checked Nov 7, 2026.

Recent pricing updates

Changes we detected on the Lili pricing page.

Nov 7, 2026 Plans changed: Add-On Credit-building removed.

Lili by the numbers

#1 most-listed alternative in Tax Software, out of 44 tools in Tax Software. Source: Toolradar data, Nov 2026.

Lili compared with 246 Invoicing tools on Toolradar, as of Nov 2026
Metric	Lili	Peer median	Position (1 is best)
Free plan	Yes	32% have one	n/a
Listed as an alternative to	12 tools	3	#30 of 246 (joint)
Integrations listed	2	1	#7 of 31 (joint) tools with at least one integration recorded
Compare-page visits, last 30 days	20 visits	26	#37 of 40 (joint) tools with 20+ compare-page visits

Listed as an alternative to: #34 on 2026-10-16 to #30 on 2026-11-05 (rank among 246 tools, 1 is best).

Each position is counted among the tools that have data for that row, as noted under it. All Invoicing data · How we compute this. Advertising and placement fees are not inputs to any position. Visit counts include visits from every source.

Cite this: Toolradar, “Lili by the numbers”, Nov 2026.

Reviews

Improve Your Thinking Patterns Using ChatGPT cover

$99 Free with your review

Review Lili, get a free AI guide

Share your experience and we will send you Improve Your Thinking Patterns Using ChatGPT, free.

Write a review

Best Lili Alternatives

Top alternatives based on features, pricing, and user needs.

View full list →

Xero Paid

Cloud accounting with automated bank feeds and online invoicing

4.4

Wave Freemium

Free accounting, invoicing, and receipt scanning for small businesses

4.3

QuickBooks Freemium

Small business accounting software

4.4

Bench Paid

Online bookkeeping service combining software with expert accountants

4.4

Mercury Freemium

Business banking for startups. Open an account online in minutes

4.6

Oxygen Paid

Banking services for small businesses and entrepreneurs, currently undergoing new initiatives.

4.4

Relay Freemium

Online business banking for clear cash flow, meticulous organization, and financial control.

4.2

Found Freemium

Smarter banking, bookkeeping, and tax management for small businesses and freelancers.

4.5

See all accounting tools →

Still deciding?

Most buyers shortlist 2 or 3 tools before committing. Pull a side-by-side comparison or browse the full alternatives shortlist below.

All Lili alternatives 8+ tools ranked, pricing + verdict per pick Lili vs Xero Head-to-head: features, pricing, who wins Lili vs Wave Head-to-head: features, pricing, who wins Lili vs QuickBooks Head-to-head: features, pricing, who wins

Explore More

Lili FAQ

How does Lili support freelancers with their financial management?

Lili provides a comprehensive financial platform tailored for freelancers, combining banking services with integrated tools for bookkeeping, invoicing, and tax preparation. This allows freelancers to manage their finances efficiently, track spending, and prepare for taxes from a single interface.

Which teams or individuals benefit most from using Lili?

Lili is designed for small businesses, freelancers, and independent contractors who need a simplified approach to financial management. It helps entrepreneurs manage their banking, bookkeeping, invoicing, and tax preparation all in one place.

How does Lili's core bank account compare to a service like Mercury?

Lili's core bank account offers no monthly fees and no minimum balance requirements, which simplifies financial management for small businesses and freelancers. It also includes comprehensive financial tools like bookkeeping and invoicing, which may differ from Mercury's offerings.

What kind of limitations should users be aware of with Lili?

While Lili offers a free core bank account, specific limitations on features for the free account are not detailed. Additionally, eligibility or fees for business credit and expedited check deposits may not be fully disclosed on the main page, and specific fees for international wires are not detailed.

How is Lili priced for its users?

Lili is available on a free tier, offering core banking services without monthly fees or minimum balance requirements. Users can access more advanced features and increased usage through paid plans.

Can Lili help with tax preparation for small businesses?

Yes, Lili includes integrated tools for tax preparation as part of its comprehensive financial platform. This feature helps small business owners and freelancers track spending and prepare for taxes efficiently.

Does Lili offer any features for saving money?

Yes, Lili provides a high-yield savings account as part of its financial platform. This feature allows users to grow their savings while managing their business finances.

Does Lili have a promo code or discount code?

As of November 7, 2026, Toolradar has no Lili promo code, coupon or discount code on file. Lili's own pricing page (https://lili.co/plans, read November 7, 2026) does list a 30-day free trial and a free plan, so you can start without a code. Offers change, so confirm the terms at checkout.

Source: lili.co

Guides & Articles

Best Accounting Software for Sole Proprietors in 2026

Features Lili

Best Business Bank Accounts for Startups in 2026

Features Lili

Best Personal Finance Apps for Freelancers in 2026

Features Lili