Mercury

Overview

Products and services

• Business checking accounts
• Business savings accounts
• Corporate credit cards
• Debit cards
• Treasury management tools
• Automated accounts payable
• Venture debt financing

Business problems addressed

• Difficulty accessing banking services for early-stage startups
• Inefficiencies in tracking business expenses
• Complexity in managing corporate cash flows
• Lack of integration between banking and accounting software
• High administrative burden for financial operations

Key benefits and capabilities

• API access for financial automation
• Multi-user access with customizable permissions
• Integration with accounting platforms like QuickBooks and Xero
• High-volume transaction management
• Virtual and physical card issuance
• Digital invoice processing
• Automated balance monitoring

Frequently asked questions

Is Mercury a bank?

Mercury is a financial technology company, not a bank. Banking services are provided by its partner banks.

Does Mercury support international companies?

Mercury supports US-based companies, and in certain cases, foreign-founded companies with a US entity.

Are deposits held with Mercury insured?

Deposits held in Mercury accounts are eligible for FDIC insurance up to applicable limits through their partner banks.