Mercury review: startup-focused business banking with checking, savings, credit cards and treasury tools. See features, pricing plans and alternatives.
Mercury is a financial technology company offering business banking built specifically for startups and growing companies. Founded in San Francisco in 2017 by Immad Akhund, Max Tagher and Jason Zhang, Mercury pairs a modern web and mobile banking interface with the account infrastructure of partner banks, since Mercury itself is not a chartered bank.
The platform has grown beyond checking and savings into a broader finance stack for startups, including corporate credit cards, treasury and money-market access for idle cash, venture debt facilitation, and accounting integrations, positioning itself as an alternative to traditional business banking at incumbent institutions.
Mercury's free plan includes business checking and savings accounts, unlimited bill pay, basic invoicing, expense reimbursements for a handful of active users, and free accounting automations for QuickBooks and Xero, all with no monthly account fees.
Paid Plus and Pro tiers add features such as recurring and API-driven invoicing at higher volumes, more reimbursement seats, a dedicated relationship manager on the Pro tier, NetSuite categorization support, and unlimited 1099 tax filings, aimed at companies with more complex finance operations.
Mercury's base account is free, with business checking, savings, debit and credit card transactions and core banking features included at no monthly cost.
Two paid tiers extend the platform: Mercury Plus at roughly $29.90 per month (about $23.95 per month billed annually) and Mercury Pro at roughly $299 per month (about $239.90 billed annually), each unlocking higher invoicing volumes, more reimbursement seats and additional integrations.
No, Mercury is a financial technology company, not a chartered bank; banking services are provided through partner banks, with deposits eligible for FDIC insurance through those partners.
Mercury's core account is free, with optional Plus (about $29.90/month) and Pro (about $299/month) plans that add higher invoicing volumes and additional features.
Mercury was founded in 2017 by Immad Akhund, Max Tagher and Jason Zhang in San Francisco.
Mercury is designed primarily for startups and scaling technology companies, though it also serves e-commerce and other digitally native small businesses.
Yes, Mercury offers corporate credit cards integrated into its banking dashboard alongside checking, savings and treasury products.
Mercury has raised several hundred million dollars in funding from investors including Sequoia Capital, Andreessen Horowitz and Coatue, and was valued at approximately $5.2 billion in a 2026 round.