Lili vs Relay
Lili
Lili is an award-winning online banking platform for U.S. small businesses—built for speed, clarity, and control
177 employees · est. 2018 · New York, United States
Relay
The business banking and money management platform that puts small businesses in complete control of their cash flow
346 employees · est. 2018 · Toronto, Canada
Relay is the larger of the two.
Side-by-Side Comparison
| Metric | Lili | Relay |
|---|---|---|
| Founded | ||
| Founded | 2018 | 2018 |
| Headquarters | ||
| Headquarters | New York, United States | Toronto, Canada |
| Employees | ||
| Employees | 177 | 346 larger |
| Industry | ||
| Industry | Financial Services, Fintech, Banking | Data Analytics, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Series B | Series B |
| Total Funding | ||
| Total Funding | $83.00M | $51.61M |
| Funding Rounds | ||
| Funding Rounds | 5 | 4 |
| Services | ||
| Services | Business Checking, High-Yield Savings, International Wire Transfers, Credit-Building Program, Financial Tools, Invoicing Software, Bill Pay, Smart Bookkeeping, Express ACH | Business checking accounts, Business savings accounts, Expense and invoice management, Payment processing services, Account and card management |
| Target Customers | ||
| Target Customers | Small Business Owners, Startups, Entrepreneurs, E-commerce Businesses, Accountants | Small business owners, Entrepreneurs, Businesses with payroll needs, Businesses needing organized financial solutions, Financial advisors |
| Taxonomy | ||
| Taxonomy | Online BankingSmall Business BankingFreelancer Financial ServicesReal-time Expense TrackingTax Management ToolsFinancial Insights +7 | Business_banking_platformCash_flow_managementSmall_business_bankingExpense_managementVirtual_debit_cardsFinancial_technology +9 |
| Website | ||
| Website | lili.co | relayfi.com |
About Lili
Lili is an award-winning online banking platform designed specifically for U.S. small businesses. Founded in 2018, Lili promises speed, clarity, and control, enabling businesses to smoothly transition from startup to multi-employee operations. Positioned at the intersection of Financial Services, F...
About Relay
Relay is a dynamic player in the Fintech landscape, focusing on empowering small businesses through effective banking and money management solutions. Founded in 2018, the company operates from Canada and stands as the official banking platform of Profit First. The startup offers tools designed to g...
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Compiled from the BounceWatch company index. We last looked at Lili on 30 Mar 2026, and Relay on 30 Apr 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
