Independent Audit Report
Divvy (Now BILL Spend & Expense)
VS
Lithic

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
It's a tie! Both score 4/5 stars. Choose Divvy (Now BILL Spend & Expense) if you need Businesses wanting integrated corporate cards, expense track, or Lithic if you need Fintechs and businesses wanting to launch custom Visa/Master. ⬇ Scroll for full 20-point audit
Best For
Divvy (Now BILL Spend & Expense) vs Lithic
Businesses wanting integrated corporate cards, expense track... vs Fintechs and businesses wanting to launch custom Visa/Master...
Fee Structure
Divvy (Now BILL Spend & Expense) vs Lithic
Custom pricing; not publicly listed; part of BILL.com ecosys... vs B2B enterprise pricing; varies by transaction volume, card p...
Rating
Divvy (Now BILL Spend & Expense) vs Lithic
4/5 ★ vs 4/5 ★
Divvy (Now BILL Spend & Expense)
Corporate Spend Management & Expense Platform
Best For Businesses wanting integrated corporate cards, expense tracking, and budget controls with real-time reporting and rewards
Core Fee Custom pricing; not publicly listed; part of BILL.com ecosystem
Settlement Real-time expense tracking; instant card issuance; automated approval workflows; syncs with accounting software
Visit Divvy (Now BILL Spend & Expense) ↗
Lithic
Card Issuing & Payments Infrastructure
Best For Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
Core Fee B2B enterprise pricing; varies by transaction volume, card program type, and features
Settlement 99.99%+ uptime; sub-100ms authorization times; instant virtual card issuance via API; supports Apple/Google/Samsung Pay
Visit Lithic ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Divvy (Now BILL Spend & Expense) and Lithic before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Divvy (Now BILL Spend & Expense) Lithic
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
4/5
Divvy (Now BILL Spend & Expense): rated on fees, features, safety & ease of use
4/5
Lithic: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Custom pricing; not publicly listed; part of BILL.com ecosystem B2B enterprise pricing; varies by transaction volume, card program type, and features
FX / Conversion SpreadMarkup above mid-market exchange rate
Divvy (Now BILL Spend & Expense) charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Lithic charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
Custom/tiered pricing — Divvy (Now BILL Spend & Expense)'s fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Custom/tiered pricing — Lithic's fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Divvy (Now BILL Spend & Expense) does not primarily offer physical cards — access is digital-first.
Check Divvy (Now BILL Spend & Expense) app for current card fees
Lithic offers virtual and physical cards. Check the Lithic app under card settings for current issuance fees.
Check Lithic app for current card fees
Domestic SettlementLocal bank transfer completion time
Divvy (Now BILL Spend & Expense)
Real-time expense tracking; instant card issuance; automated
VS
Lithic
99.99%+ uptime; sub-100ms authorization times; instant virtu
Both platforms offer comparable settlement speeds.
Cross-Border SpeedInternational corridor settlement time
Divvy (Now BILL Spend & Expense) supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Lithic supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Divvy (Now BILL Spend & Expense) publishes service status updates on its official status page for transparency.
Check Divvy (Now BILL Spend & Expense) status page for incident history
Lithic publishes service status updates on its official status page for transparency.
Check Lithic status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Now owned by BILL.com; DivvyPay, LLC affiliate; standard enterprise security; role-based access; SOC 2 compliant
✓ Licensed
Enterprise-grade security; scalable infrastructure; 99.99% uptime; supports unlimited card creation; multi-campaign management
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Divvy (Now BILL Spend & Expense) holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Divvy (Now BILL Spend & Expense)
Lithic holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Lithic
2FA & AuthenticationMulti-factor security implementation
Divvy (Now BILL Spend & Expense) supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Lithic supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Divvy (Now BILL Spend & Expense) employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Lithic employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Divvy (Now BILL Spend & Expense)
Businesses wanting integrated corporate cards, expense tracking, and budget controls with real-time reporting and rewards
Lithic
Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
Platform ClassificationRegulatory and product category
Corporate Spend Management & Expense Platform Card Issuing & Payments Infrastructure
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Divvy (Now BILL Spend & Expense) withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Lithic withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Divvy (Now BILL Spend & Expense) supports the currencies and assets listed in its official documentation.
Check Divvy (Now BILL Spend & Expense) official site for full currency list
Lithic supports the currencies and assets listed in its official documentation.
Check Lithic official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Divvy (Now BILL Spend & Expense) app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Lithic app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Divvy (Now BILL Spend & Expense) routes support through its official help channels. Priority queue access varies by plan.
Check Divvy (Now BILL Spend & Expense) help centre for current support options
Lithic offers support through its help centre and official contact channels.
Check Lithic help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Divvy (Now BILL Spend & Expense) KYC timelines depend on document quality and account type.
Verify current wait times in the Divvy (Now BILL Spend & Expense) app
Lithic KYC timelines depend on document quality and account type.
Verify current wait times in the Lithic app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 4/5 stars.

Choose Divvy (Now BILL Spend & Expense) if you need: Businesses wanting integrated corporate cards, expense tracking, and budget controls with real-time reporting and rewards.
Choose Lithic if you need: Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Divvy (Now BILL Spend & Expense) ↗ Visit Lithic ↗

Choose Divvy (Now BILL Spend & Expense) If:

  • You need Businesses wanting integrated corporate cards, expense track
  • You prefer Custom pricing; not publicly listed; par
  • You value Real-time expense tracking; instant card

Choose Lithic If:

  • You need Fintechs and businesses wanting to launch custom Visa/Master
  • You prefer B2B enterprise pricing; varies by transa
  • You value 99.99%+ uptime; sub-100ms authorization
WealthBlueprint Verdict Summary
Divvy (Now BILL Spend & Expense) — Best For
Businesses wanting integrated corporate cards, expense tracking, and budget controls with real-time reporting and rewards
✓ Strong in its core category
Lithic — Best For
Fintechs and businesses wanting to launch custom Visa/Mastercard card programs with instant virtual and physical card issuance
✓ Strong in its core category

Not sure which is right for you?

Take our 2-minute financial literacy quiz to understand which platforms align with your income profile and goals.

From the WealthBlueprint Library

Expanding your financial knowledge pays dividends.

📖 Best Business Credit Cards 📖 SPY vs VOO: Why SPY is Outperforming
More Comparisons Worth Reading

Divvy (Now BILL Spend & Expense) users often explore these comparisons before making a final decision.

🔍 Karat vs Acorns: Independent Audit 🔍 Karat vs Arrived: Independent Audit