Found vs Lili
short answerBoth are traditional neobanks. Lili pays yield on balances. Compare custody, license, FX markup and fees field by field below.
Found: Banking + taxes for the self-employed.
Lili: Freelancer banking with tax buckets.
Side by side
| Found | Lili | |
|---|---|---|
| Category | traditional | traditional |
| Audience | freelancers & creators | freelancers & creators |
| HQ | San Francisco, US | New York, US |
| Founded | 2019 | 2018 |
| Custody | Custodial | Custodial |
| Regulation | Partner-bank model | Partner-bank model |
| License detail | Partner bank (Lead Bank); FDIC pass-through up to $250k; formerly Piermont Bank | Partner bank (Sunrise Banks, N.A.); wires via Column Bank; formerly Choice Financial |
| Card | MC · Business debit | Visa · Business debit |
| Cashback | — | — |
| Yield | — | ~Savings APY (plan) |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | North America | North America |
| Reported users | — | — |
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.