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United States
Nov 2018 (7 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Lili
Company Information
Get to know Lili
Lili is a financial technology company, not a bank. It offers a digital banking platform with services provided through its partner bank, Choice Financial Group, Member FDIC. Launched in 2019, Lili's mission is to empower independent workers by combining banking services with integrated tools for invoicing, expense tracking, tax preparation, and accounting. The platform aims to solve the unique financial challenges faced by the freelance and gig economy, consolidating multiple financial management tasks into a single mobile and web application.
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