mercury

Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries

Digital banking startup Mercury is no longer serving customers in certain countries, including Ukraine, the company confirmed to TechCrunch. Mercury made headlines earlier this year when it was caught up in federal scrutiny through one of its partners, Choice Bank, around the practice of allowing foreign companies to open accounts.  The FDIC was “concerned” that

Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries Read More »

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. (New day and time, same awesome newsletter!) The big story Digital banking startup

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets Read More »

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets

Welcome to TechCrunch Fintech! This week, we’re looking at Mercury’s latest expansions, wallet-as-a-service startup Ansa’s raise and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. (New day and time, same awesome newsletter!) The big story Digital banking startup

Inside Mercury’s competitive push into software and Ramp’s potential M&A targets Read More »

Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software

Digital banking startup Mercury is layering software onto its bank accounts, giving its business customers the ability to pay bills, invoice customers and reimburse employees, the company has told TechCrunch exclusively. The additional features puts the company in even more direct competition with the likes of Brex and Ramp, two rival fintechs that have for

Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software Read More »

Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking

Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here.  The big story Ramp,

Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking Read More »

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking

Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice. The expansion is a natural move for the company and one that has been in the works for a couple of years, according to Immad

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking Read More »