Mercury
Banking for tech startups
About
Mercury is a digital banking platform launched to serve technology startups, offering tailored banking services optimized for the needs of high-growth startups. Founded by Immad Akhund and his team, Mercury provides banking accounts, financial tools, and integrations designed to support startup founders and their companies, focusing on ease of use, modern fintech capabilities, and startup-centric features. The business model centers on earning fees through banking services and expanding fintech offerings, backed by significant venture capital investment.
Products
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Mercury Business Banking
— Online business banking with free checking and savings accounts designed for startups and small businesses.
Customer sectors: startups, small businesses, scaling companies
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Treasury by Mercury Advisory
— Access high-liquidity, lower-risk portfolios with yields up to 3.89% through institutional asset management.
Customer sectors: startups, small businesses, venture funds
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Business Credit Cards
— Get business credit cards instantly with 1.5% cashback and controls for team spend and approvals.
Customer sectors: small businesses, startups, finance teams
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Payments & Invoicing
— Send no-fee USD payments worldwide, create invoices, and get paid directly into your Mercury account.
Customer sectors: ecommerce, agencies, consultants
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Accounting Automations & Intelligence
— Sync with Quickbooks, Xero, or NetSuite and use AI to automate bookkeeping and close your books faster.
Customer sectors: accounting firms, small businesses, finance teams
Market research & competitive positioning
Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Mercury — available to members.
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