Mercury

Mercury offers business bank accounts and finance tools for startups and small companies. Immad Akhund, Jason Zhang and Max Tagher founded the company in 2017. It is based in San Francisco.

Mercury is a financial technology company, not a bank. Its accounts are held at partner banks, which provide deposit insurance. Through its web and mobile apps, customers open checking and savings accounts, issue debit and credit cards, send wires and ACH payments, and pay bills. It also offers invoicing, spending controls for staff and integrations with accounting software.

Many of its customers are venture backed startups, but it also serves e-commerce businesses, agencies and other small companies. In recent years Mercury added personal accounts for founders and other individuals. It also runs a small venture investing program for early stage startups. Its app design and simple setup made it popular with first time founders. Immad Akhund is chief executive. The company has raised several funding rounds and remains privately held.