“Can a childcare operations platform become the financial backbone of every daycare in North America?”
Founded in 2013 as HiMama, the company built the leading childcare center management software in North America, expanding from parent communication into billing, curriculum, and professional development. A C$70M Series B from Bain Capital Double Impact in 2022 funded product expansion and an eventual 2023 rebrand to Lillio. Embedded payments are a core monetization vector — Canadian and legacy US merchants remain on Worldline/Bambora, while new US centers activated after August 2022 sit on a newer 'Lillio Payments' stack.
Lillio processes payments through Worldline, Bambora and Lillio Payments (self-operated). Disclosed money-movement rails: ACH.
The Embedded Finance Index 2026 maps 2 layers in Lillio's stack: Payments / PSP (Worldline, Bambora and Lillio Payments (self-operated)); Money movement (ACH).
Lillio was founded by Ron Spreeuwenberg and Alana Frome and is founded in 2013, headquartered in Toronto, Ontario, Canada.
Get a read on where your own stack stands against Lillio and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.