Mercury Bill

Bill pay integrated into the Mercury startup bank.

Definition

Mercury IO (corporate cards) + Mercury Treasury (yield) + Mercury Bill (AP) + Mercury Send (wires). Public API for automation. Integrations QuickBooks, Xero, NetSuite. Mercury is not a bank but offers banking services via partner banks (Choice Financial Group, Evolve Bank & Trust). $4B AUM managed.

Origin

Mercury Technologies Inc., founded 2017 by Immad Akhund, Max Tagher, Jason Zhang, Series B $120M led by Coatue in 2021.

Usage

200k+ startup customers including Linear, Substack, Replit, Loom (pre-acquisition).

Related terms

• Neobank — catégorie.
• Bill pay — feature.
• Brex Pay — concurrent banking-adjacent.