Mercury Partner Profile
Company Overview
Mercury is a modern financial technology platform built for startups and high-growth companies. Founded in 2017 and headquartered in San Francisco, Mercury delivers a digital-first banking experience that streamlines financial operations for over 200,000 businesses. The platform offers FDIC-insured checking and savings accounts, corporate cards, treasury management, bill pay, and advanced automation tools – all designed to help founders and finance teams manage cash, control spend, and scale efficiently. Mercury partners with regulated banks such as Choice Financial Group and Column N.A. to provide its core banking services, ensuring robust compliance and security for its customers.
As a client of Kruze Consulting, your company is eligible for this special offer.
Mercury Products for Venture-Funded Startups
Business Checking & Savings Accounts
- No monthly fees. Mercury offers business checking and savings accounts with no monthly or hidden fees, and free domestic and international wires.
- High FDIC insurance. Deposits are FDIC-insured up to $5 million through a sweep network of partner banks.
- Digital-first experience. Accounts can be opened and managed entirely online, with a clean interface and rapid onboarding.
- API access. Every account includes read/write API access for custom automations, dashboards, and programmatic payments.
Corporate Cards (Mercury IO Mastercard)
- No personal guarantee. Approval is based on business financials, not personal credit.
- 1.5% cashback. Earn unlimited 1.5% cashback on all purchases, automatically deposited into your Mercury account.
- Instant virtual and physical cards. Issue cards for employees or vendors with custom limits and controls.
- Spend management. Set granular spend policies, merchant restrictions, and approval workflows.
- Subscription management. View and manage all company subscriptions in one place, with tools to spot and cancel duplicates.
Expense Management & Reimbursements
- Automated expense tracking. Transactions are automatically categorized and reconciled, reducing manual work.
- Receipt capture. Employees can submit receipts via mobile or web, with AI-powered data extraction.
- Policy enforcement. Set custom rules for receipts, notes, and submission timeframes.
- Reimbursements. Process out-of-pocket expense reimbursements directly from the Mercury dashboard, with bulk approval and payment options.
- Accounting integrations. Sync seamlessly with QuickBooks, Xero, and NetSuite for faster month-end close.
Bill Pay & Accounts Payable Automation
- AI-powered bill pay. Upload, forward, or drag-and-drop invoices; Mercury uses AI to extract bill details and detect duplicates.
- Approval workflows. Set up multi-step approvals and custom rules for bill payments.
- Accounting sync. Categorize bills with GL codes and sync payments directly to your accounting software.
- Vendor management. Manage vendors and schedule recurring payments, all from a dedicated bill pay dashboard.
Treasury & Cash Management
- Mercury Treasury. Invest idle cash in high-liquidity, lower-risk mutual funds managed by J.P. Morgan and Morgan Stanley. For balances over $250,000.
- Automated sweeps. Set custom rules to move funds between operating and treasury accounts for optimal yield and liquidity.
- Personalized portfolio management. For balances over $25 million, access tailored portfolio management services.
- Quick access. Withdraw funds as soon as the same day, maintaining flexibility for operational needs.
Venture Debt
- Founder-friendly financing. Mercury offers venture debt solutions to help startups extend their runway without diluting equity.
- Flexible terms. Designed for venture-backed startups, with streamlined application and approval processes.
API Integrations & Automation
- Developer-friendly API. Automate payments, reconciliation, and reporting; build custom dashboards and workflows.
- Third-party integrations. Connect Mercury with over 1,000 apps and tools, including HR, payroll, and accounting platforms, to streamline financial operations.
Startup Perks & Community
- Exclusive perks. Access to a curated database of investors, startup resources, and discounts on essential business tools.
- Global access. Mercury supports startups incorporated in the U.S. and select international jurisdictions, making it accessible for global founders.
Why Startups Choose Mercury
Startups choose Mercury because it delivers a unified, digital-first platform that brings together banking, cards, expense management, bill pay, treasury, and automation in one seamless experience. Mercury’s transparent, fee-free structure for most core services allows startups to manage their finances without worrying about hidden costs.
The platform is designed to scale with businesses, offering flexible controls, deep integrations, and robust automation that adapts from seed stage through rapid growth. By automating routine finance tasks and integrating with leading accounting software, Mercury helps startups reduce manual errors, close their books faster, and focus on strategic growth.
Exceptional customer support, strong security protocols, and a relentless focus on product innovation make Mercury a trusted partner for venture-funded startups looking to maximize efficiency and extend their runway.
"What I love about Mercury is how seamless every interaction is. Whether it's self-service on their portal, with our relationship manager, or working with the venture debt team, the founder experience is unique, innovative, and beyond all, fast! We now use Mercury for all of our banking needs, both in the U.S. and internationally."
Mercury Treasury is offered by Mercury Advisory, LLC, an SEC-registered investment adviser (“Mercury Advisory”). Treasury accounts are custodied by Apex Clearing Corporation (member FINRA/SIPC). Treasury accounts are not FDIC insured, are not bank deposits, and are not guaranteed by Choice Financial Group or Column N.A., and may lose value. Please review Mercury Advisory’s ADV Wrap Fee Brochure for more detail. This is not an offer to sell or the solicitation of any offer to purchase any security. Mercury Treasury products are subject to investment risks and past performance is not indicative of future results. Please see full disclosures at mercury.com/treasury. Mercury Advisory is a wholly-owned subsidiary of Mercury Technologies, Inc.
Mercury’s Venture Debt and Working Capital loans are originated by Mercury Lending, LLC (NMLS: 2606284) and serviced by Mercury Servicing, LLC (NMLS: 2606285). Mercury Lending and Mercury Servicing are wholly-owned, separately managed subsidiaries of Mercury Technologies, Inc. At this time, we are unable to offer working capital or venture debt loans to businesses operating in California.
Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. FDIC deposit insurance covers the failure of an insured bank. Deposits in checking and savings accounts are FDIC-insured through Choice Financial Group and Column N.A. and their Sweep Program Network Banks. Certain conditions must be satisfied for pass-through FDIC insurance to apply. Learn more here.