Lili is built for growing, registered businesses that need a modern way to manage finances—without the complexity of a traditional bank. If your company is an LLC, corporation, partnership, or similar structure operating in an eligible industry, there’s a strong chance Lili can support you.
Supported business types
Lili currently supports the following business structures:
- Single-member LLC
- Multi-member LLC
- S‑Corporation
- C‑Corporation
- General partnership
- Limited liability partnership (LLP)
- 501(c)(3) nonprofit organization
- Sole proprietor
- Sole proprietor with DBA
These structures can include one or more business owners, and if your company has multiple owners, each owner may need to provide information and documentation during onboarding as part of our regulatory requirements—Lili is designed to work smoothly with these multi-owner and incorporated businesses that want clear separation between business and personal finances.
For more details on how multi‑owner businesses work with Lili, including documentation and onboarding steps, see: How do I apply if my business has multiple owners?
Lili is a financial technology company, not a bank. Banking services are provided by Sunrise Banks, N.A., Member FDIC. The Lili Visa® Debit Card is issued by Sunrise Banks, N.A., Member FDIC, pursuant to a license from Visa U.S.A., Inc. The Card may be used everywhere Visa debit cards are accepted.
Wire Transfer services are provided by Column Bank N.A., Member FDIC. All wires are subject to acceptance criteria and risk-based review and may be rejected at the sole discretion of Column Bank N. A. or Lili App Inc.