# Mercury

Digital business banking and cash management platform designed for startups

Digital business banking and cash management platform tailored specifically for startups.

Canonical: https://uniquebase.ai/companies/mercury
Stable identifier: UB-C4319
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T20:43:42.392Z

## Funding

Listed 1 record.

- 2026-04-05 · amount unavailable · https://x.com/jbahrdestefano/status/2040069615414329356
  > On 2026/4/5, X reported that startup banking company Mercury was seeking a valuation exceeding USD 5 billion in a new round, above its approximately USD 3.5 billion Series C valuation around a year earlier. The financing had not closed. (translated source brief)

## Valuation

Listed 1 record.
Latest: over $5B, 2026-04-05.

- 2026-04-05 · over $5B · https://x.com/jbahrdestefano/status/2040069615414329356
  > On 2026/4/5, X reported that startup banking company Mercury was seeking a valuation exceeding USD 5 billion in a new round, above its approximately USD 3.5 billion Series C valuation around a year earlier. The financing had not closed. (translated source brief)

## Revenue

Listed 4 records.
Latest: $650M (ARR), 2025-12-28.

- 2025-12-28 · $650M (ARR) · https://x.com/jbahrdestefano/status/1986815697037443199
  > On 2025/12/28, X reported that Mercury disclosed annual recurring revenue (ARR) of USD 650 million. It operates in AI financial technology. (translated source brief)
- 2025-11-07 · $650M (run rate) · https://fortune.com/2025/11/07/exclusive-mercury-fintech-valuation-650-million-2025-annualized-revenue-immad-akhund-interview/
  > On 2025/11/7, Mercury’s CEO told Fortune that its annualized revenue run rate had reached USD 650 million by the end of the third quarter of 2025, calculated by multiplying the month’s revenue by 12. This was neither realized full-year 2025 revenue nor SaaS contracted ARR. (translated source brief)
- 2025-03-25 · $500M · https://mercury.com/blog/series-c-announcement
  > On 2025/3/25, Mercury disclosed actual annual revenue of USD 500 million for 2024 in its official Series C funding announcement. This represented historical annual revenue, differing from its USD 650 million annualized run rate at the end of the third quarter of 2025. (translated source brief)
- 2024-12-25 · $500M (ARR) · https://x.com/jbahrdestefano/status/1986815697037443199
  > On 2024/12/25, X reported that Mercury disclosed annual recurring revenue (ARR) of USD 500 million in the AI FinTech sector. (translated source brief)

## Team

- [Immad Akhund](/people/immad-akhund)
- [Jason Zhang](/people/jason-zhang)
- [Max Tagher](/people/max-tagher)

## Products

- [Mercury](/products/mercury)

## Investors

No published investors profiles are linked yet.

## Sources

- No source links are available for this profile.