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NewProducts

Lili small business owners are not left behind.

International Wire Payments Lili said that through its new wire payments solution, it
https://lili.co enables small business owners to transact across borders
with:
• Unlimited inbound transfers
• High outbound transaction limits
• Enhanced security measures
• Competitive pricing
• Fast processing times, with payments arriving with-
in 24 hours

Lili's integrated Bill Pay solution also automates transaction
tracking to help ensure that international payments are
seamlessly recorded and organized. This feature, the
company said, helps business owners strengthen vendor
Cross-border relationships while maintaining a clear overview of their
finances.
transactions made "By expanding access to international payments, we're

giving small business owners the flexibility to connect
easy for SMBs with global vendors and customers," said Lilac Bar David,
co-founder and CEO of Lili. "Now, our customers can
streamline cross-border transactions in a way that is
both cost-effective and efficient, helping them compete in
ili, a financial platform designed for small busi- today's global marketplace."
ness owners, is focused on making global trans-
actions more accessible with the launch of inter-
L national wire payments in 27 countries across Founded in 2019 by industry veterans Lilac Bar David
North America, Europe and Asia. This expansion gives and Liran Zelkha, Lili says it is more than just a banking
platform—it integrates accounting and tax preparation
entrepreneurs the ability to send and receive international
wire transfers with greater speed, security, and afford- tools, enabling small businesses to manage their finances
with ease, the co-founders pointed out. The company is
ability—bridging the financial gap that often limits small
businesses from competing on a global scale, the company backed by investors such as Group 11, Foundation Capital
and Torch Capital, and is headquartered in New York,
stated.
serving customers nationwide.
Traditionally, cross-border payments have been
dominated by large enterprises with established banking Lili noted that its international wire payments feature
marks another major milestone in the company's mission
infrastructure. However, as international trade grows,
small businesses are increasingly engaging in global to simplify financial management for entrepreneurs. The
platform plans to expand its list of supported countries
commerce. According to FXC Intelligence, the cross-border
payments market reached $190.1 trillion in 2023 and is later this year, reinforcing its commitment to helping
small businesses thrive in an increasingly global economy.
expected to expand by 53 percent by 2030. Recognizing
this shift, Lili's latest innovation is designed to ensure that For more information, visit https://lili.co. .
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