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Mercury
Mercury is a financial technology company devoted to providing reliable and innovative banking solutions for startups. With a focus on helping startups of all sizes flourish, Mercury has become the go-to platform for business banking, serving over 100,000 venture-backed and bootstrapped startups. As a fast-growing fintech, it provides its services through partnerships with financial institutions like Choice Financial Group and Evolve Bank & Trust, both members of the Federal Deposit Insurance Corporation (FDIC).
In its pursuit to redefine business banking, Mercury has developed a range of key products and services tailored to the needs of startup companies. The fintech allows startups to store, manage, and move funds while also facilitating the issuance of employee debit and credit cards with custom limit options. Mercury also allows startups to automate recurring payments, accounts payable, and other banking tasks. It offers seamless integration with other platforms like QuickBooks and Stripe. Apart from these essentials, the startup platform has adopted an advanced growth strategy with tools like Mercury Treasury which allows startups to earn up to 5.47% yield on idle cash. It also aids in securing venture debt fast and hassle-free.
With a clear vision of assisting startups, Mercury offers an impressive banking experience unlike traditional counterparts. Its solid measures to ensure financial safety, efficiency, and control coupled with added benefits like mutual funds, venture debts, and cashback offers make Mercury an appealing choice for startups. Additionally, its initiative to connect founders with top investors has resulted in funding across 40 countries and catalyzed the growth of countless startups. With a commitment to continuous progress, Mercury powers forward, aiding startups in their journey and making it not just a fintech but a partner in building the companies of tomorrow.