Lili vs Novo: what each publishes
As of October 7, 2026
The published rules of Lili and Novo, side by side: which industries each excludes or accepts, where owners must live, which countries each names, the licence each holds and the fees each publishes. Each answer links to the page that quotes the rule with the date we read it.
This is not a ranking, and the two names are in alphabetical order. Either provider may still decline your company because of its activity, where it is registered, where its owners live or which licence it holds. The free check applies the rules of every provider in our base to your answers.
Policy by industry
| Industry | Lili | Novo |
|---|---|---|
| Crypto | Depends on the activity | Depends on the activity |
| iGaming | No | No |
| Adult | No | No |
| Unlicensed financial services | No | No |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No published rule | No |
| Marketplace | No published rule | No published rule |
Lili
NovoLicence
| Licensee | Lili | Novo |
|---|---|---|
| Licensee | Lili App Inc. · financial technology company, not a bank · banking services by Sunrise Banks, N.A., Member FDIC (FDIC cert 18561) · wire transfers by Column N.A., Member FDIC (FDIC cert 58224) | Novo Platform Inc. · financial technology company, not a bank · banking services by Middlesex Federal Savings, F.A. (FDIC cert 28368), Member FDIC |
| Regulator | FDIC (partner banks Sunrise Banks and Column) · | FDIC (partner bank Middlesex Federal Savings) · |
Where owners must live
Lili
No published rule
Rules about countries
Lili
Lili currently supports applicants with citizenship from 20 countries: Argentina, Australia, Bolivia, Brazil, Canada, Chile, China, Colombia, Ecuador, India, Israel, Mexico, New Zealand, Norway, Panama, Paraguay, Peru, United Arab Emirates (UAE), United Kingdom, Uruguay.
Argentina, Australia, Bolivia, Brazil, Canada, Chile, China, Colombia, Ecuador, India, Israel, Mexico, New Zealand, Norway, Panama, Paraguay, Peru, United Arab Emirates, United Kingdom, Uruguay
Novo
No published rule
Fees
Lili
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Lili Core | Not stated | USD 0 a month | · Source |
| Lili Pro | Not stated | USD 15 a month; USD 9 a month for the first 3 months; 30-day free trial | · Source |
| Lili Smart | Not stated | USD 35 a month; USD 21 a month for the first 3 months; 30-day free trial | · Source |
| Lili Premium | Not stated | USD 55 a month; USD 33 a month for the first 3 months; 30-day free trial | · Source |