- 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
