Summary:
Lili launches BusinessBuild credit program
Why It Matters:
The platform is moving beyond basic banking into credit building and financial management. This helps them attract newer businesses that need to establish credit scores to grow.
What Changed:
- Added a "BusinessBuild" credit-building program in partnership with Dun & Bradstreet.
- Introduced a secured business credit card to help users grow their credit profiles.
- Added real-time credit monitoring and alerts to the user dashboard.
- Launched a "Request Demo" option and guided platform tours for prospective customers.
- Expanded the navigation menu to include dedicated sections for Invoicing, Bill Pay, and Tax Savings.
- Updated the savings account terms to offer up to 4.00% APY on balances up to $1M.