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Mercury
Mercury Technologies, Inc. is a financial technology company based in San Francisco, founded in 2017 by Immad Akhund, Max Tagher, and Jason Zhang. The company specializes in providing a digital banking platform tailored for startups and tech companies. Mercury partners with FDIC-insured institutions to offer business banking services, serving over 300,000 startups globally. The core offering includes business checking and savings accounts with no monthly fees, virtual and physical debit cards, and tools for cash management such as global wires and currency exchange. Mercury also provides venture capital services, including venture debt financing and treasury investments, along with a unified platform for managing financial workflows. The company targets founders and entrepreneurs who seek precision and control in their financial operations, especially in the wake of the 2023 collapse of Silicon Valley Bank.
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$650M