FinTechFunding

Lili: Raises $55M in Series B Funding

  • Lili, a NYC-based mobile banking service for freelancers in the U.S., raised $55M in Series B funding
  • The round, which brings total funding to $80M, was led by Group 11, with participation from Target Global and AltaIR and previous investors
  • The company intends to use the funds to expand the platform with new features related to invoice and payment management, as well as to extend into credit products
  • Lili is a banking app designed for freelance workers, which also combines banking services with real-time expense tracking, tax tools and financial insights
  • Founded in 2018, the company serves customers in all 50 states
  • Banking services are provided by Choice Financial Group Inc., a Member FDIC
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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