Features, Benefits and How it Works
Mercury is a fintech company that provides banking services tailored specifically for startups and small businesses. Founded in 2019, Mercury’s mission is to offer a modern, efficient, and flexible banking experience for entrepreneurs and technology-driven companies.
In addition, Mercury’s business checking and savings accounts are at the core of its offerings, providing a fee-free banking experience with no monthly maintenance fees, minimum balance requirements, or hidden charges. These accounts allow businesses to perform essential banking activities such as sending and receiving ACH transfers, wires, and checks.
Moreover, one of Mercury’s standout features is its focus on facilitating growth for startups. The platform offers cash management tools designed to help companies optimize their funds, including the ability to create multiple accounts, set spending limits, and track expenses across different teams or projects. Additionally, Mercury provides integration with popular accounting and payment platforms like QuickBooks and Stripe, making it easier for businesses to streamline their financial processes.
Likewise, for startups that are scaling or receiving venture capital, Mercury offers a special program called Mercury Raise, which connects growing businesses with venture capitalists and investors. This program highlights Mercury’s commitment to fostering the startup ecosystem, providing tools and networking opportunities that go beyond standard banking services.
In summary, Mercury provides a banking solution that is specifically built for startups and modern businesses, offering fee-free accounts, powerful cash management tools, and an ecosystem designed to support growth and scaling. With its emphasis on flexibility, innovation, and security, Mercury is a valuable partner for entrepreneurs looking to streamline their financial operations and grow their companies.
Founded: 2017
Headquarters: San Francisco, USA
Users: +100,000 thousand
Countries available: United States
Account plans: checking and savings accounts for businesses