What does Mercury.co do?

Mercury is a fintech company based in San Francisco, California, founded in 2017 by Immad Akhund, Max Tagher, and Jason Zhang. It specializes in providing banking and financial operations software tailored for startups and small businesses. Mercury partners with regional banking networks to offer a range of financial services, ensuring customer deposits are protected under FDIC insurance limits. The company offers a variety of services, including free business checking and savings accounts, corporate credit cards with cashback rewards, fee-free payments, and integrated invoicing solutions. Mercury also provides accounting automation tools that sync with popular software like QuickBooks and Xero, as well as financial management tools through Mercury Treasury. Additionally, it connects customers with investors through its Mercury Raise service. With a strong focus on the startup ecosystem, Mercury has seen significant growth and recognition in the fintech space.