Mercury Stock

Founded to address the banking needs of startups, Mercury is a financial technology company providing a robust online banking platform. Although not a bank itself, Mercury partners with Choice Financial Group and Evolve Bank & Trust, both FDIC-insured institutions, to offer secure and reliable banking services. The company's offerings include business checking and savings accounts, corporate credit cards, bill pay services, and automated accounting features. Mercury's mission is to simplify and streamline financial operations for startups, enabling them to manage their finances efficiently through a single dashboard. The platform supports essential banking tasks such as sending and receiving payments, setting auto-transfer rules, and offering unlimited 1.5% cashback on all credit card spending. Furthermore, Mercury extends its services with innovative solutions like venture debt for growth financing and treasury accounts providing up to 5.40% yield on idle cash. Mercury also enhances financial security with advanced fraud monitoring and extended FDIC insurance coverage up to $5 million through partner banks. Its user-friendly interface integrates with popular accounting software like QuickBooks, NetSuite, and Xero, ensuring seamless financial management. Additionally, Mercury fosters a supportive community for startup founders through its Mercury Raise program, connecting them with investors, founders, and industry experts. By focusing on efficiency, security, and growth, Mercury equips startups with the financial tools necessary to thrive in a competitive landscape, embodying the company's commitment to innovation and customer-centric service.