Mercury – Banking for Startups 3.27.0

Mercury is a banking platform designed specifically for startups, offering checking accounts and financial services tailored to the needs of entrepreneurs.

Mercury accounts can be opened by U.S.-based startups and businesses, including LLCs, C-Corps, and S-Corps.

Mercury offers features such as free checking accounts, payments, integrations with accounting software, access to virtual cards, and no minimum balance requirements.

No, Mercury does not charge any monthly fees for its accounts.

Mercury provides tools for managing finances, guidance on fundraising, and access to a community of startup founders.

Yes, Mercury can be integrated with various accounting and financial tools to help streamline your startup’s finances.

To open an account with Mercury, visit their website, fill out an application form, verify your identity, and link your business formation documents.

Yes, funds held in a Mercury account are insured by the Federal Deposit Insurance Corporation (FDIC) up to the applicable limits.

Currently, Mercury focuses on banking services but does not offer traditional loans or credit products; however, they may provide avenues for founders to connect with investors.

Mercury offers customer support through email and an extensive help center on their website, as well as community resources for startup founders.