Fintech startup Mercury, which is under regulatory scrutiny, expands into consumer banking

Fintech startup Mercury, which is under regulatory scrutiny, expands into consumer banking

6 months ago
Anonymous $6hYC3Wwiad

https://techcrunch.com/2024/04/17/fintech-banking-startup-mercury-is-expanding-into-consumer-banking/

Business banking startup Mercury, founded in 2020, 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 Akhund, Mercury’s co-founder and CEO.