Mercury
Modern banking for startups
Banking Platform (Not a PSP)
Not a PSP. Pair with Stripe, Braintree, or other payment processors.
Account Types
Business CheckingSavingsTreasury
Fees
Monthly Fee
$0
Wire Transfers (Domestic)
Free (domestic)
International Wire
$25
ATM Withdrawal
$2.50
Best For
- Tech Startups
- SaaS
- Venture-Backed
Not Recommended For
- High-Risk
- Non-Tech
- Traditional Retail
KYB Requirements
Entity Type
C-Corp, LLC
Minimum Deposit
$0
Time in Business
0 months
Documentation Required
- • EIN
- • Articles of Incorporation
- • ID
Key Features
- No monthly fees
- Instant virtual cards
- Treasury management
- API banking
- Y Combinator backed
Pros
- Best for tech companies
- Excellent UX
- Fast onboarding
- Free wire transfers
Cons
- US-only
- No physical branches
- Limited international banking
- Can be strict on risk
Available Regions
US
Ready to Open an Account?
Mercury is ideal for tech startups. Most applications are reviewed within 24-48 hours.
