What is Mercury used for?

Mercury is an online business banking and finance platform built for startups and growing companies, with cards, payments and accounting tools. It is a good fit for startups opening a business account quickly, VC funds managing portfolio company accounts and agencies tracking finances across clients.

Yes. Mercury has a free plan, and paid plans start at $35 per month.

Is Mercury open source?

No. Mercury is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Lago, InvoicePlane and Hyperswitch.

What are some alternatives to Mercury?

Mercury competes with Brex, Ramp and Revolut Business.

Mercury: features, pricing and alternatives

About Mercury

Mercury is a financial technology company that offers online business banking, aimed at startups, small businesses and scaling companies. It brings accounts, cards, payments and invoicing together in one dashboard, and the homepage says businesses can apply for an account in around ten minutes.

Its banking products include checking and savings, treasury, working capital loans and venture debt. Cards and spend management let teams issue cards and set controls on spending, while payments and invoicing connect to accounting tools. Newer additions include Mercury Books, an AI-powered accounting product built into the platform, and an API and insights features. A personal banking option also exists.

Mercury tailors its pages for technology, e-commerce, agencies, venture funds, crypto, accounting firms and other sectors. It is a hosted commercial service, and the company publishes a pricing page and free resources such as templates and calculators for founders.

Key features

Business checking and savings accounts
Cards and spend management controls
Payments and invoicing
Accounting integrations and built-in Mercury Books
Working capital loans and venture debt
API access for programmatic banking

Good fit for

→Startups opening a business account quickly
→VC funds managing portfolio company accounts
→Agencies tracking finances across clients

Tags: business-banking; startups; fintech; spend-management; invoicing; ai-accounting; payments

Mercury: questions and answers

What is Mercury used for?: Mercury is an online business banking and finance platform built for startups and growing companies, with cards, payments and accounting tools. It is a good fit for startups opening a business account quickly, VC funds managing portfolio company accounts and agencies tracking finances across clients.
Is Mercury free?: Yes. Mercury has a free plan, and paid plans start at $35 per month.
Is Mercury open source?: No. Mercury is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Lago, InvoicePlane and Hyperswitch.
What are some alternatives to Mercury?: Mercury competes with Brex, Ramp and Revolut Business.