Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025
Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.
CNBC Hugh Son
Related Coverage
- The future of banking* … I started my first company in 2006. Legacy banking in 2026 still works the way it did then. Mercury · Immad Akhund
- Mercury hits $5.2 billion valuation as fintech firm banks on AI startups Reuters · Pritam Biswas
- Startup banking company Mercury hits $5.2B valuation Axios · Lucinda Shen
- Digital Banking Startup Mercury Lands $200M At $5.2B Valuation Amid Fintech Funding Uptick Crunchbase News · Mary Ann Azevedo
- Mercury Raises $200 Million Series D at $5.2B Valuation Business Wire
- Mercury Valued at $5.2 Billion as It Pushes Deeper Into Banking PYMNTS
- Mercury Hits $5.2 Billion Valuation After Funding Round The Information · Michael Roddan
- Mercury Just Received a $5.2 Billion Valuation. Its Founder Doesn't Plan to Do Another Raise Inc · Moses Jeanfrancois
Discussion
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@andreihasna
Andrei Hasna
on x
@mercury How is Mercury only valuated at $5B? Maybe $50B.
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@mercury
@mercury
on x
More founders will start companies in the next five years than in the last twenty. They all deserve a banking platform that was built for them.
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@immad
@immad
on x
Mercury's $5.2B valuation Series D
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Immad Akhund
Immad Akhund
on linkedin
Today, Mercury announced a $200M Series D fundraise at a $5.2B valuation led by TCV with participation from Sequoia Capital, Andreessen Horowitz …
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@sytaylor
Simon Taylor
on x
🚨 BREAKING: Mercury raises $200M at a $5.2B valuation. Now 4 years profitable, at $650M in revenue, with a conditional bank charter approved. The neobank class of 2019 has completely reshuffled. - @Brexhq got acquired by Capital One for $5.15B. - @tryramp became an AI spend [imag…
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@mjzellinger
Michael Zellinger
on x
@immad Mercury is genuinely a great product @immad, much easier to use than traditional banking. This sounds like a cliche, but when you're familiar with the delays etc. from traditional banks, Mercury is a breath of fresh air. Well deserved Series D! Coming from a satisfied cust…
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@pitdesi
Sheel Mohnot
on x
Mercury: raised $200M at $5.2B post. profitable for 4 years, hit $650M in revenue in Q3 last year, growing faster than ever Launching Mercury Command, a way to complete financial work end-to-end with AI. 🔥
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@cultra
Domain Shane
on x
@immad I know I speak for many of us. You are everything we wanted in a bank. Impossible to go back to the local bank at this point. We consider Mercury a partner at this point
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@iponewsroom_
@iponewsroom_
on x
JUST IN: MERCURY JUST RAISED $200M AT A $5.2 BILLION VALUATION That's a 49% jump from their last round 14 months ago, per CNBC. And it's happening while the rest of fintech is in a downturn: *The deal:* - $200M Series D led by TCV (also backed Revolut and Nubank) - Sequoia, [imag…
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Simon Taylor
Simon Taylor
on linkedin
🚨 BREAKING: Mercury raises $200M at a $5.2B valuation. Now 4 years profitable, at $650M in revenue, with a conditional bank charter approved. …
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@suhail
@suhail
on x
I remember sitting in coffee shops w Immad while he waited for approval to launch this thing. *4 years of profitability* Unreal.
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@usvc_
@usvc_
on x
BREAKING: Mercury raises $200M Series D at a $5.2B valuation from TCV, a16z, Coatue, and Sequoia. USVC participated in this round with a $5M investment to expand access to everyday investors. Here's why we invested and what it means for our investors: [image]
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Travis Price
Travis Price
on linkedin
AI is about to unlock a new generation of entrepreneurs, and Mercury is building for the people and companies that come next. …
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Stuart Goldberg
Stuart Goldberg
on linkedin
Big day for Mercury and coming on the heels of an amazing quarter where we had record customer growth and received OCC conditional approval for our bank charter application …
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@zachcoelius
Zach Coelius
on x
And @mercury is just getting started. As they roll out more everyone will get to see what it means to have a bank that is software first.
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@mattsasi
Matt Wilkinson
on x
Hands down the best all around banking (use it for businesses and personal). Congrats @immad !
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@haridigresses
Hari Raghavan
on x
So happy for @immad and this great team + product! It's the unequivocal best product for business (and personal) banking. In fact, one may go so far as to say that I have a Mercury addiction. (Disclosure: tiny investor in multiple rounds.) [image]
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@thetylerhayes
Tyler Hayes
on x
I signed up for Mercury ASAP when I started Atom. My previous co - I had to physically walk into a bank and wait 2 weeks for approval. Awful. Invested in Mercury ASAP after using it. Light years ahead. And even better today - congrats Immad and team!
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@nikmilanovic
Nik
on x
Massive $200M Series D for @Mercury at a $5.2B valuation. Up 50% from last year, driven by its approval to become a federally regulated bank, which would allow it to offer lending, join @Zelle and reduce reliance on partner banks. Glad that @thefintechfund invested 4 yrs ago!
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@brexton
@brexton
on x
Insanely well-deserved by the @mercury team Years of long compounding execution paying off, have a feeling it's just the beginning too
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@celestecarswell
Celeste Carswell
on x
Breaking from @mercury: $200M Series D at a $5.2B valuation. Thanks to @Hugh_Son and CNBC for covering the news! [image]
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Marcel van Oost
Marcel van Oost
on linkedin
🚨𝙃𝙀𝙍𝙀 𝙒𝙀 𝙂𝙊! Mercury just raised $200M at a $5.2B valuation. …
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Rachel (Moncton) Oatway
Rachel (Moncton) Oatway
on linkedin
Mercury raised a $200M Series D at $5.2B, led by TCV! The next chapter is a big one: AI is going to enable more founders in the next 5 years than we saw in the last 20. …
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Celeste Carswell
Celeste Carswell
on linkedin
BREAKING this morning, Mercury announced its $200M Series D at a $5.2B valuation led by TCV. AI is set to create a generational wave of new founders …
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LinkedIn
Laura Stewart
on linkedin
Mercury raises $200M, bucking fintech industry slump