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Mercury Reviews & Product Details - Page 9

Mercury Overview

What is Mercury?

Mercury is banking* for startups. Start with banking basics like free FDIC-insured checking & savings accounts, then scale with credit cards, venture debt, treasury management accounts, and more — all with confidence. Built with clever shortcuts and extra levels of organization, Mercury makes banking tasks simpler, more intuitive, and even a little enjoyable. Over 100K startups of all sizes rely on Mercury as they create the next great companies — you can join them by applying today in 10 minutes or less. *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC. The IO Card is issued by Patriot Bank, Member FDIC, pursuant to a license from Mastercard. This communication does not constitute an offer to sell or the solicitation of any offer to purchase an interest in any of the securities or funds described herein.

Mercury Details
Product Website
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Product Description

Startups of all sizes rely on Mercury as they create the next great companies. Apply in 10 minutes to try business banking as it should be.

How do you position yourself against your competitors?

Traditional business banking isn’t designed for the pace, creativity, and scrappiness of the startup world. Mercury reimagines the startup banking* experience to scale with companies as they grow — and to provide founders and their finance teams with everything they need at their fingertips.

*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.


Seller Details
Seller
Mercury
Company Website
Year Founded
2017
HQ Location
San Francisco, CA
Twitter
@mercury
34,105 Twitter followers
LinkedIn® Page
www.linkedin.com
1,030 employees on LinkedIn®
Description

Mercury is the fintech ambitious companies use for banking* and all their financial workflows. With a powerful bank account at the center of their operations, companies can make better financial decisions and ensure that every dollar spent aligns with company priorities. That's why over
00K startups choose Mercury to confidently run all their financial operations with the precision, control, and focus they need to operate at their best.


MS
Overview Provided by:

Recent Mercury Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Are we talking about the insurer"
Great rate for both vehicles especially the others don't want to cover a luxury vehicle
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Easiest way to create a bank account for your startup especially if you are based outside the US"
Easier to create an account, Great UI and app flexibility
Robert R.
RR
Robert R.Small-Business (50 or fewer emp.)
4.5 out of 5
"A great bank that is constantly adding new features"
Mercury caters to startups and small business. The interface is great, alllows for easy tagging of purchases to ease separation/filtering for tax ...
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Mercury Media

Mercury Demo - Mercury
Banking for what you're building
Mercury Demo - Mercury
All your company finances in one place
Mercury Demo - Mercury
Take action on what's important
Mercury Demo - Mercury
Pay vendors, transfer funds, and deposit checks
Mercury Demo - Mercury
Upload transaction attachments and notes
Mercury Demo - Mercury
Work seamlessly across all your organizations
Play Mercury Video
Answer a few questions to help the Mercury community
Have you used Mercury before?
Yes

101 Mercury Reviews

4.5 out of 5
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101 Mercury Reviews
4.5 out of 5
101 Mercury Reviews
4.5 out of 5

Mercury Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for MercuryQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Eric T.
ET
Business Owner | Sales Funnel Strategist
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mercury?

Love the fact that they gave me an online debit card right away while my physical card was being prepared and mailed to me. It's convenient, easy to access, and most everything is online. They seem to have thought of everything! Definitely going to be recommending Mercury to my audience. Do they have a referral or affiliate program!?! lol Major fan! Review collected by and hosted on G2.com.

What do you dislike about Mercury?

So far I've liked everything about Mercury. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Easiest online banking experience I've ever had! Review collected by and hosted on G2.com.

Verified User in Motion Pictures and Film
AM
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mercury?

I love the easy of use with setting up and executing transactions with Mercury. It's really easy to set up sub-accounts for multiple business divisions, and there's an awesome way to consolidate receipts. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

You can feel the growing pains of this young company. There's no way to dispute transactions online (or over the phone!) with their IO credit card product. Also, the cards for some reason all printed wrong. Our company name is "5GRV Production" and they only print "GRV Production" for some reason. Looks like they never programmed them to accept numbers in a company name? Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Mercury is solving the issues of sub par business bank accounts Review collected by and hosted on G2.com.

Verified User in Wholesale
AW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mercury?

Fast, affordable, and intuitive. Virtual cards. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

No immediate transfer between business accounts. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Virtual cards, wire transfers with no fees and multiple checking accounts for the business if needed. Review collected by and hosted on G2.com.

Response from Bob M of Mercury

Hi there, thanks for taking the time to leave this review! We're glad to hear that you have enjoyed your experience with Mercury. Some Mercury accounts may have access to instant transfers between accounts but this is dependent on the specific account's configuration. Our team is working on streamlining this process so we'll make that your feedback reaches them. Thank you again for your feedback!

Héctor L.
HL
CEO & Founder
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mercury?

Easy, free, secure and great experience. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

Time of response in chat, sometimes I have problems from international transfers. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Everything in a bank. Review collected by and hosted on G2.com.

Response from Bob M of Mercury

Thanks for taking the time to leave us a review, Héctor! We're glad to hear that your experiencing using Mercury has been great so far. If you are experiencing any trouble with international wires, please feel free to reach out to us at help@mercury.com and a member of our team will be happy to assist. Thank you again for your feedback!

Guilherme C.
GC
Chief of Staff
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mercury?

User interface is super easy to use and clear to understand.

Creating an account was the easiest thing in the world.

Lovely to use it every single day Review collected by and hosted on G2.com.

What do you dislike about Mercury?

Can't really point out anything.

Maybe be more clear on the limits of Debt as we got caught in the middle of things changing Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Quick creation of account

Easy to use on a daily basis Review collected by and hosted on G2.com.

Verified User in Entertainment
AE
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mercury?

The best part about Mercury is that it has a ton of resources for companies that don't have much experience with many business-related products. It also has a ton of perks across many different aspects of a company like marketing, accounting, HR, etc that give really heavy discounts that really benefit a startup. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

Worst part about Mercury is the time it takes to get money into the account (aside from wires). When I first made my account and funded money through my bank account, it took about 6 business days for the money to actually appear in the account. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Mercury is just making it super easy for any startup to get off the ground running. It has helped my business tremendously through the amount of resources across every aspect of business. Review collected by and hosted on G2.com.

Response from Anna Scharenbrock of Mercury

Thank you for taking the time to leave a review with us! We love to hear that you are enjoying our Perks and that our resources for startups have assisted with getting your company up and running. I'll pass the comment regarding the initial deposit timeline over to our team - we appreciate this feedback.

Verified User in Leisure, Travel & Tourism
UL
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Mercury?

I love the UI and the simplistic design, the UX experience has been awesome so far, we utilized the payment link to receive money from investors and we feel that it made us look good, so thank you! Review collected by and hosted on G2.com.

What do you dislike about Mercury?

we recently had to look for the IBAN and account number for international wire and the search bar didn't show it when we typed it, we think this could be an easy fix, it took us a bit of clicking around to discover how to find the routing # etc Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

making the transfers easy between different parties Review collected by and hosted on G2.com.

Response from Anna Scharenbrock of Mercury

Thank you for leaving a review with us! We are happy to hear that you are enjoying our UI and our payment request feature. I'll pass the note regarding the IBAN search bar over to our team - we appreciate this feedback!

Martin C.
MC
CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Mercury?

Quick to open account.

Free to transact.

Debit card, including virtual. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

Does not work with international companies/ crypto companies. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Bank account to send and recieve payments (ACH, wire, card) Review collected by and hosted on G2.com.

Response from Anna Scharenbrock of Mercury

Thank you for taking the time to leave a review with us, Martin! We are happy to hear that you are enjoying our debit cards and that Mercury is helping you to send and receive payments for your business. I'll pass along the comment regarding international/crypto companies over to our team - we appreciate this feedback!

Rich H.
RH
Director + Designer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Mercury?

Great mobile app and user experience. Connects with plaid for easy transactions and transaction records. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

The initial deposit limit was low, and deposits take up to five days to process. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

After the initial low deposit transaction was processed, my deposit limit was increased, which was a huge relief. Otherwise, I haven't had any bad experiences. Review collected by and hosted on G2.com.

Response from Anna Scharenbrock of Mercury

Hi Rich, we appreciate you taking the time to leave a review with us! We are happy to hear that you are enjoying our mobile app and our integration with Plaid. I'll pass your comment regarding the initial deposit limits and timeline over to our team - thank you for this feedback!

Edwin R.
ER
President
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
What do you like best about Mercury?

Free wires! Free ACHs! The most beautiful User Interface for a bank -- ever. Review collected by and hosted on G2.com.

What do you dislike about Mercury?

Check deposits take a bit to clear. If it is a huge check, they make you get it cleared via text before you can deposit. Review collected by and hosted on G2.com.

What problems is Mercury solving and how is that benefiting you?

Banking that is very fast and efficient. Need a new account to keep track of a special project and/or client -- one button, a new account...INSTANTLY. Review collected by and hosted on G2.com.