The business banking platform is targeting the cash that most small companies leave idle in checking, pairing tiered high-yield savings with a $0 monthly fee and $3 million in deposit insurance.
New York, New York, [08/28/2026], InsiderMonkey – Lili, the online business banking platform used by more than 200,000 businesses across the United States, is pushing small business owners to stop leaving operating cash idle. Under its 2026 platform, business savings earn up to 4.00% APY with no minimums and no lockups, while deposits are insured up to $3 million through Sunrise Banks, N.A., Member FDIC, and Lili’s sweep network – roughly 12 times the standard $250,000 FDIC limit.
For most small businesses, the cash sitting in a checking account earns nothing, even as it covers payroll, inventory, and day-to-day expenses. Lili’s pitch is that this idle balance is a recurring, avoidable cost. Its savings structure pays 2.25% APY on balances up to $500,000 and 4.00% APY on balances from $500,000 to $1,000,000, with interest earned daily on every dollar and no requirement to lock funds away.
The yield sits inside a banking product rather than a separate investment account. Lili’s Core plan carries a $0 monthly fee and provides full-featured business banking, including domestic and international wire transfers, Express ACH, and expedited check deposits, plus the ability to grant secure access to accountants and team members. That combination lets owners keep operating funds liquid while still earning a return on reserves, without moving money to a brokerage or a separate high-yield account.
The $3 million in FDIC coverage, delivered through Sunrise Banks and a sweep network of program banks, addresses a concern that surfaced across the small business banking market over the past two years: how much of a company’s deposits are actually insured. By spreading balances across program banks, Lili raises the insured ceiling well beyond the per-bank limit that leaves larger operating balances exposed.
Lili integrates with the tools small businesses already run on, including QuickBooks, Xero, Stripe, Shopify, and Gusto, and provides live customer support seven days a week. The company positions the 2026 platform for growing, multi-employee businesses with higher transaction volumes and larger operating balances than the freelancers it first served.
[Insert Lili-approved executive quote on the treasury / idle-cash theme here.]
Highlights
- Up to 4.00% APY on business savings: 2.25% on balances up to $500,000, 4.00% on balances from $500,000 to $1,000,000
- No minimums, no lockups, interest earned daily on every dollar
- Up to $3 million in FDIC insurance through Sunrise Banks and Lili’s sweep network, about 12x the standard limit
- $0 monthly fee Core plan with high payment limits, wires, Express ACH, and expedited check deposits
- Team and accountant access, 50+ integrations including QuickBooks, Xero, Stripe, Shopify, and Gusto, and 7-day support
Business owners can learn more about Lili’s savings and 2026 offering at lili.co.
About Lili
Lili is an online business banking platform built for small businesses, offering advanced business banking with no monthly fee, high-yield savings, access to capital, and integrated financial tools that help businesses stay organized as they grow. Founded in 2019 by Lilac Bar David and Liran Zelkha, and backed by Group 11, Foundation Capital, AltaIR Capital, Primary Venture Partners, Torch Capital, Target Global, and Zeev Ventures, Lili is headquartered in New York and has served more than 200,000 businesses across all 50 states. Lili is a financial technology company, not a bank. Banking services are provided by Sunrise Banks, N.A., Member FDIC. To learn more, visit lili.co.
Disclosures
The Annual Percentage Yield (“APY”) for the Lili Savings Account is variable and may change at any time. The disclosed APY is effective as of January 13, 2026. Must have at least $0.01 in savings to earn interest. 2.25% APY applies to balances of up to and including $500,000. 4.00% APY applies to balances over $500,000 and up to and including $1,000,000. Any portions of a balance over $1,000,000 will not earn interest or have a yield. Available to all Lili plans.
FDIC insurance only covers the failure of an FDIC insured bank. The standard FDIC deposit insurance limit is $250,000 per depositor, per FDIC insured bank, per ownership category through Sunrise Banks, N.A. and the sweep program banks. See Sunrise Banks Account Agreement and Addendum to Sunrise Banks Account Agreement.
Contact
Marisa Fine, Senior Communications Manager
Lili
press@lili.co
