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
CNBC Hugh Son
Related Coverage
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Discussion
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LinkedIn
Laura Stewart
on linkedin
Mercury raises $200M, bucking fintech industry slump
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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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@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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@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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@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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@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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@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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@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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@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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@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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@sethgrosenberg
Seth Rosenberg
on x
AI-native banks are one of the most durable and valuable assets in the AI era You can't vibe code a bank But you can automate most of the back office and create a 10x better experience Congrats @immad @MattRHeiman and the @mercury team on another impressive milestone
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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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@immad
@immad
on x
Mercury's $5.2B valuation Series D
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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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@andreihasna
Andrei Hasna
on x
@mercury How is Mercury only valuated at $5B? Maybe $50B.
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@jdsimcoe
Jonathan Simcoe
on x
Riding the D train
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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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@mattsasi
Matt Wilkinson
on x
Hands down the best all around banking (use it for businesses and personal). Congrats @immad !
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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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@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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Nic Corpora
Nic Corpora
on linkedin
Today Mercury announced a $200M Series D at a $5.2B valuation. But the story I want to tell isn't really about the round. …
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Mary Ann Azevedo
Mary Ann Azevedo
on linkedin
Digital banking startup Mercury has raised $200M in a Series D round at a $5.2B valuation. — That's up 49% from the $3.5B valuation it achieved …
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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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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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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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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 …