Latest Mercury News & Updates

See the latest news and media coverage for Mercury. We track all announcements, press releases, and industry mentions in real time, all in one place.

Mercury

Business banking and financial management platform

mercury.com

Headquarters: San Francisco, United States
Founded year: 2017
Company type: Private company
Number of employees: 1,700–5,000
Industry: Financial Technology (Fintech)

Last updated Today

Latest news about Mercury

In short: Mercury raised $200 million in a Series D funding round at a $5.2 billion valuation and received conditional approval for a bank charter.

Company announcements

August 6 Mercury

Mercury introduces exclusive mutual fund products with Morgan Stanley and State Street

New funds MCRYX and MRGXX offer higher yields without increased risk. These replace previous offerings and are available only via Mercury Treasury.

July 14 Mercury

Mercury introduces trust accounts on Mercury Personal

Trust accounts offer full banking, yield, FDIC coverage up to $5M, and online setup.

June 16 Mercury

Mercury introduces AI assistant Command for financial tasks

Command lets users perform banking operations via natural language, with security and compliance built in.

May 20 Mercury

Mercury announced a $200M Series D at a $5.2B valuation

The round was led by TCV with participation from existing investors. Mercury plans to use the funds to expand its banking platform and AI capabilities.

Media coverage

August 12 Benzinga

This Mercury Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Top Wall Street analysts changed outlook on top names. Check analyst ratings page for upgrades,...

August 6 CB Insights

Inside Q2’s digital banking funding boom

Digital banking funding nearly doubled to $2.6B in Q2, while AI 100 startups raised $1.9B and AI cost management funding tripled.

June 16 Morningstar

Mercury Launches Command, a New Way to Run Your Business Through Banking*

Mercury, the technology company providing radically different banking* for over 300,000 customers, today launched Mercury Command, a new way to complete financial work end-to-end with...

May 24 Newser

Mercury Fintech Hits $5.2 Billion Valuation After Funding Round, Surging 49% in...

Mercury Fintech Valuation Surge - as financial news coverage tracks analyst ratings, sentiment shifts, and earnings forecasts shaping market trends and trading activity. Mercury, a...

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