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Lili vs Novo

Updated June 2026 · A structured head-to-head comparison.

Banking for freelancers.

Banking for small businesses.

The verdict

Both Lili and Novo are credible business banking tools, and the right pick comes down to your priorities.

Lili — Banking for freelancers.

Novo — Banking for small businesses.

Lili vs Novo: side by side

DimensionLiliNovo
Starting priceFree – $9/moFree
Free planYesYes
Pricing modelFreemiumFree
Best forFreelancersSmall Business, Freelancers
PlatformsWeb, Ios, AndroidWeb, Ios, Android
Rating4.2/54.3/5

Lili key facts

Vendor
Lili
Pricing
Freemium — Free – $9/mo
Free tier
Yes
Platforms
Web, Ios, Android
Best for
Freelancers
Editor rating
4.2 / 5
Founded
2018
Headquarters
New York, NY, USA

Novo key facts

Vendor
Novo
Pricing
Free — Free
Free tier
Yes
Platforms
Web, Ios, Android
Best for
Small Business, Freelancers
Editor rating
4.3 / 5
Founded
2018
Headquarters
Miami, FL, USA

Frequently asked questions

Is Lili better than Novo?

Neither is universally better — Novo edges ahead on overall rating, but the best choice depends on price, platforms, and your use case. See the side-by-side table above.

Is Lili or Novo cheaper?

Lili is the more affordable of the two to get started, at free – $9/mo. Lili starts at free – $9/mo; Novo starts at free.

Can Lili replace Novo?

Yes for most teams — both are business banking tools with heavily overlapping features. The main trade-offs are pricing and platform support, covered in the comparison above.