Mercury
Radically different banking for startups, small businesses, and scaling companies.
Mercury is a finance & accounting tool built by Mercury. It's best for Startups and Small businesses. Pricing is subscription. Main alternatives include Xero, Brex, QuickBooks®.
Pricing
subscription
Audience
Startups
Platforms
Community
0%
About Mercury
Mercury provides online business banking services designed for startups, small businesses, and scaling companies. It offers a suite of financial tools to manage business finances, including checking and savings accounts, expense management, payments, and invoicing.
Mercury is a fintech company offering online business banking services tailored for startups, small businesses, and scaling companies. Founded in 2017, Mercury aims to provide a banking experience that feels less like an obstacle and more like a catalyst for growth. The platform offers a range of financial tools, including business checking and savings accounts, company cards, expense management, payments, invoicing, and API access.
Key features of Mercury include the ability to apply for business accounts online in as little as 10 minutes, earn yield on balances, and access venture debt. The platform also provides tools for managing team and vendor spending through instantly issued cards and expense management features. Mercury supports sending payments, creating invoices, and integrating with accounting tools to streamline financial operations.
Mercury differentiates itself by focusing on the specific needs of tech companies and startups. It offers features like multi-user access, permission controls, and integrations with popular accounting software. The company has also introduced AI-powered insights to help businesses understand and manage their finances better. Mercury's commitment to innovation and customer service has earned it recognition as one of Fast Company's Most Innovative Companies.
Mercury targets startups, e-commerce businesses, agencies, consultants, VC funds, and crypto companies. It provides solutions for managing finances across various clients and projects, handling investments in portfolio companies, and running compliant crypto operations. Mercury aims to simplify financial operations and provide businesses with the tools they need to achieve operational excellence.
Mercury offers different pricing plans to accommodate businesses at various stages of growth. The basic Mercury plan is free and includes essential banking services and tools. As businesses grow, they can upgrade to Mercury Plus or Mercury Pro for additional features and capabilities.
Key Features
Pricing
subscriptionMercury
- Banking
- Sending and receiving money
- Access to Treasury (unlocked with $250K Mercury balance)
- Company cards
- Expense management
- Invoicing
- Bill pay
- Accounting
Mercury Plus
- Everything in Mercury
- Invoice with ACH debit ($1/transaction)
- Recurring invoices
- Invoicing API (500 invoices created/month)
- Multiple GL codes for bill payments
- Reimburse up to 20 users/month (+$5/additional active user)
- Unlimited 1099 filings
Who is it for?
Best for
- Startups seeking to streamline financial operations
- E-commerce businesses needing integrated banking and payment solutions
- VC funds managing investments in portfolio companies
- Crypto companies requiring compliant banking solutions
Not ideal for
- Businesses requiring extensive in-person banking services
- Companies primarily operating outside of the USA
Integrations
Alternatives to Mercury
View all 5Xero
Beautiful Business & Accounting Software
Brex
The modern finance software platform.
QuickBooks®
Smart tools for better business.
Community Discussion
No discussions yet. Be the first to share your experience!