Mercury offers a cloud‑native banking platform that combines FDIC‑insured business checking and savings with integrated card issuance, expense controls, and a full suite of payment and invoicing tools. The service syncs automatically with QuickBooks, Xero, and NetSuite, provides AI‑driven cash‑flow insights, and exposes an open API and CLI for custom financial workflows, reducing manual finance work for fast‑growing tech companies.
Funding
$746M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+20Founders
Product
Problem
Startups and fast‑growing businesses often manage banking, payments, invoicing, expense controls, and accounting on separate platforms. This fragmentation creates administrative overhead, delays cash‑flow visibility, and increases the risk of errors.
Solution
Mercury delivers a single, cloud‑native banking platform that combines FDIC‑insured business checking and savings accounts with integrated card issuance, expense‑management controls, and end‑to‑end payment and invoicing tools. The platform embeds AI‑driven cash‑flow insights and automates bookkeeping through native integrations with QuickBooks, Xero, and NetSuite. Developers can extend functionality via an open API, terminal‑native CLI, and the Mercury Command engine, while optional Treasury and venture‑debt products generate yield on idle cash. By consolidating these financial operations, Mercury reduces manual work, improves real‑time visibility, and enables startups to focus on growth rather than finance administration.
Target Audience
Mercury is aimed at technology‑driven startups, SaaS companies, and other fast‑scaling businesses that need a unified financial stack to manage banking, payments, and accounting efficiently.
Features
- FDIC‑insured business checking & savings accounts with free ACH and domestic wire transfers.
- Physical and virtual corporate debit/credit cards with spend controls, cashback, and instant issuance.
- Integrated payments and invoicing suite (ACH, wire, credit‑card, Apple Pay, Google Pay) plus recurring invoices and an invoicing API (included in Mercury Plus at $29.90 /mo).
- Expense‑management and reimbursement workflows, including policy‑based approvals and multi‑user reimbursements.
- AI‑powered accounting automations and seamless sync with QuickBooks, Xero, and NetSuite.
- Open Banking API, terminal‑native CLI, and AI‑ready MCP server (Mercury Command) for custom financial workflows.
- Treasury and venture‑debt products that earn interest on idle balances and generate additional yield.
- Real‑time cash‑flow insights and analytics via Mercury Insights.