Mercury
banking partner · Founded 2017
Account Overview
Mercury is a financial technology company offering US tech startups and venture-backed companies business bank accounts via partner banks Choice Financial Group and Evolve Bank & Trust (Members FDIC), with high-yield treasury and free domestic transfers.
Ideal For
- US-incorporated startups and tech companies with US operations
- Venture-funded businesses managing venture debt and treasury management
- Companies wanting $0 fee domestic ACH and domestic wire transfers
Not Suitable For
- •Non-US resident founders without substantial US business presence
- •Traditional import/export and heavy cross-border cashflow businesses
- •Businesses in industries outside Mercury's strict risk appetite
Verified Pricing Schedule
Monthly Maintenance$0
Account Setup Fee$0
Major FX Markup~1%
Inbound ACHFree
$0 monthly fee.
Regulatory Oversight & Safeguarding
Funds held in partner banks are FDIC-insured up to $5,000,000 through Mercury Vault sweep networks.
Banking services provided by FDIC-member partner banks (Choice Financial Group, Evolve Bank & Trust)