Novo vs Lili

Two banking tools side by side. Prices are the starting plan a small business would pick, in USD.

Compare	NovoNovo	LiliLili
In one line	Free online business checking with ATM fee refunds	Business checking with accounting and invoicing on the paid plans
Starting price	Free	Free
Six-person team	$0/mo	$0/mo
Plans	No monthly fee; no minimum balance; ATM fees refunded up to $7/mo	Core $0/mo; Pro $15/mo; Smart $35/mo (accounting, invoicing); Premium $55/mo; intro discounts for 3 months
Pricing model	Free	Free tier
Free trial	—	—
Users	Account owner plus cards	1 owner
Both connect to	QuickBooks Online, Xero
Also connects to	FreshBooks	No others on record50+ listed by the vendor
Team size	Just me · 2–10 people	Just me
Available in	US	US
Phone support	None listed	Plans not stated
Live chat	Every plan	None listed
Support hours	Not published	Not published
Incidents posted	We found no public status page for Novo.	We found no public status page for Lili.
Trustpilot score	4.0 / 5 from 4,873 reviews	4.7 / 5 from 4,481 reviews
Fit: Retail shop	55	40
Fit: Restaurant or café	45	30
Fit: Service business	85	82
Fit: Agency or studio	85	72
Fit: Trades or contractor	70	72
Fit: Online store	82	55
Why people pick it	No fees or minimums Good app integrations	Free core account Books and invoices in the banking app
Where it falls short	Awkward for cash deposits No branches	Paid tiers add up Thin for teams
	Visit Novo ↗	Visit Lili ↗

Six-person prices are what a team of six would pay on the published plans; "Not listed" means those plans don't cover six. How we calculate prices