Mercury is the fintech that brings all the ways people and businesses use money into a single product that feels extraordinary to use. With banking*, credit cards, and software, Mercury helps more than 200K ambitious companies and entrepreneurs make better decisions and build their businesses. To learn more, visit Mercury.com.
- Used by founders, finance leads, and operators at startups and SMBs
- Common use cases: paying vendors and contractors, managing team spend, and reconciliation
- Suitable for multi-entity structures that need shared controls and permissions
- Supports companies seeking operational efficiency without expanding headcount
- Up to $5M in FDIC insurance* on deposits through our partner banks’ sweep networks
Mercury combines checking & savings accounts with payments, spend control, and finance ops automation in one place.
- Business checking and savings with digital onboarding and a streamlined web/mobile interface
- ACH, free domestic and international USD wires from Mercury, low-fee non-USD transfers, and mailed checks
- Debit and credit cards** with customizable limits, merchant/category controls, real-time visibility, and cashback
- Automated tools for billing, invoicing, and approvals with accounting integrations
- Cash management options, including venture debt
Mercury addresses the inefficiencies of legacy banking and the fragmentation of multiple finance tools by centralizing workflows and reducing payment friction.
- Automates manual tasks like bill pay, invoicing, approvals, and reconciliation to speed up month-end close
- Replaces branch visits and opaque fees with transparent, smooth money movement
- Compliant onboarding and monitoring designed to protect businesses and reduce surprises
- Fast, knowledgeable customer support across multiple channels
The data:
- Raised $500M in primary and secondary funding from top-tier venture capital firms and angel investors, athletes, entertainers, and 2.5K Mercury customers
- $3.5B valuation in March ‘25
- 11 consecutive quarters of profitability based on both EBITDA and GAAP net-income (as of April ‘25)
- $500M in revenue in 2024
- More than 200K customers
- 40% growth in customers in 2024
- $156B in annual transaction volume in 2024, up 64% year-over-year
- Customer NPS of 75*** (compared to banking industry average of 34)
- 1 in 3 startups use Mercury****
- More than 50% of YC cohorts choose Mercury
*Mercury is a fintech company, not an FDIC-insured bank. Checking and savings accounts are provided through our bank partners Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC. Deposit insurance covers the failure of an insured bank. Checking and savings account deposits may be held by sweep network banks. Certain conditions must be satisfied for pass-through insurance to apply. Learn more here.
**The Mercury Debit Cards are issued by Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC, pursuant to licenses from Mastercard®. The IO Card is issued by Patriot Bank, Member FDIC, pursuant to a license from Mastercard®.
***Net Promoter Score (NPS) information and ratings are available at https://customergauge.com/benchmarks/blog/financial-services-nps-benchmarks.
****Calculation based on US-based companies that received an angel, pre-seed, seed, or Series A investment reported on Crunchbase in the most recent year.
Average Rating: 4.4/5.0
Total Reviews: 123
How Do G2 Users Rate Mercury?
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Has the product been a good partner in doing business?: 8.2/10 (Category avg: 8.9/10)
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Workflow: 7.3/10 (Category avg: 8.7/10)
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Performance and Reliability: 7.2/10 (Category avg: 8.7/10)
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Ease of Creating Expense Reports: 8.1/10 (Category avg: 8.8/10)
Who Is the Company Behind Mercury?
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Seller: Mercury
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Company Website:
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Year Founded: 2017
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HQ Location: San Francisco, CA
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Twitter: @mercury
42,985 Twitter followers
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LinkedIn® Page: www.linkedin.com
1,785 employees on LinkedIn®
Who Uses This Product?
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Who Uses This: CEO, Founder
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Top Industries: Computer Software, Information Technology and Services
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Company Size: 84% Small, 7% Medium
What Do G2 Reviewers Say About Mercury?
AI-generated summary from verified user reviews
Pros
- Users love the ease of use of Mercury, making tasks like invoicing and managing users simple and intuitive.
- Users highlight the easy setup of Mercury, enabling quick and efficient management of LLC banking needs.
- Users appreciate the modern and user-friendly interface of Mercury, enhancing their experience with easy navigation and accessibility.
- Users appreciate Mercury for its efficiency, enabling seamless banking processes that streamline financial management and save costs.
- Users find the interface extremely easy to use, enhancing daily operations with a clear and modern design.
Cons
- Users face approval issues with Mercury, especially when trying to update business information or during setup challenges.
- Users experience poor customer support, facing delays and difficulties that hinder effective communication and service resolution.
- Users express dissatisfaction with card issues, citing lack of a physical card and poor design options.
- Users find credit issues with Mercury, citing low cash back and lack of immediate credit card options.
- Users dislike Mercury's currency fees and find exchange rates less favorable compared to traditional banks like J.P. Morgan.
