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Mercury is a financial technology company that connects start ups and SMBs seamlessly to banking services. From setting up the first account, to managing exp...
Mercury has raised $454.5M across 6 funding rounds.
Key people at Mercury.
Mercury was founded in 2019 by Max Tagher (Founder) and Immad Akhund (Founder) and Jason Zhang (Founder).
Mercury has raised $454.5M in total across 6 funding rounds.
Mercury is a fintech company that provides online business banking services tailored for startups and small businesses, offering products like checking accounts, credit cards, and financial workflows.
Key people at Mercury.
Mercury is a financial technology company that provides seamless banking services tailored specifically for startups and small to medium-sized businesses (SMBs). It offers an integrated platform that simplifies financial operations—from opening accounts to managing payments, corporate cards, expense controls, and accounting automation—enabling businesses to handle all their financial workflows efficiently in one place[1][2][3]. Mercury serves primarily tech startups, venture-backed companies, and digital-first businesses, addressing the complex banking needs that traditional banks often overlook. Its product solves the problem of outdated, paper-based business banking by delivering a modern, intuitive, and customizable banking experience designed for fast-growing companies[3][4].
Founded in 2017 by Immad Akhund, Jason Zhang, and Max Tagher—entrepreneurs with firsthand experience in Silicon Valley—Mercury emerged from the frustration of navigating traditional banking systems that were ill-suited for startups[2][3][5]. The founders aimed to reimagine business banking by creating a platform that is fast, digital-first, and deeply integrated with startup workflows. Early traction came from the startup community’s enthusiastic adoption, especially as Mercury provided a more responsive and founder-friendly alternative to legacy banks. The company has since expanded its offerings, including launching personal banking and financial software for bill payments and reimbursements in 2024[2][5].
Mercury rides the wave of digital transformation in business banking, addressing the growing demand for financial services that match the speed and complexity of modern startups and SMBs. The timing is critical as traditional banks lag in innovation, and the startup ecosystem increasingly requires integrated, tech-enabled financial infrastructure. Market forces such as the rise of venture-backed companies, the shift to remote and digital-first operations, and the need for scalable financial tools favor Mercury’s growth. By simplifying and modernizing banking, Mercury influences the broader fintech ecosystem, pushing incumbents to innovate and expanding access to financial services for emerging businesses[3][6].
Looking ahead, Mercury is poised to deepen its product suite and expand beyond startups to serve a broader range of small businesses and individual consumers, as evidenced by its recent launch of personal banking and financial software tools[2][5]. Trends like embedded finance, AI-driven automation, and integrated financial management will likely shape Mercury’s evolution. Its influence may grow as it continues to blur the lines between banking and business software, potentially becoming a central financial platform for startups and SMBs. This trajectory aligns with its mission to reimagine banking as a seamless, empowering experience for ambitious companies[3][5].
Mercury was founded in 2019 by Max Tagher (Founder) and Immad Akhund (Founder) and Jason Zhang (Founder).
Mercury has raised $454.5M in total across 6 funding rounds.
Mercury's investors include Sequoia Capital, 2048 Ventures, 8VC, Kevin Hartz, Alumni Ventures, Andreessen Horowitz, Anti fund, Bain Capital Ventures, BITKRAFT Ventures, Coatue, Convective Capital, Coughdrop Capital.
Mercury has raised $454.5M across 6 funding rounds. Most recently, it raised $300.0M Series C in March 2025.