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Mercury profile

Who owns Mercury?

traditional · San Francisco, US · Partner-bank model · custody: Custodial

short answerMercury is not itself a bank. It runs on a partner-bank (BaaS) model and works with Choice Financial Group and Column — the licensed banks that actually hold customer deposits behind the app. Mercury's most notable disclosed backers include Andreessen Horowitz, Sequoia Capital, CRV and Coatue.

Is Mercury a licensed bank?

No — a partner bank (Choice Financial Group and Column) holds the money. Licence detail: Partner banks (Choice, Column).

Where is your money held?

Custody model: Custodial.

Mercury runs on: Choice Financial Group (BIN sponsor bank) · Column (BIN sponsor bank). Full stack on the infra map.

Who's behind Mercury?

Mercury was founded by Immad Akhund (2017), headquartered in San Francisco, US.

Early investors

Notable venture and strategic investors from Mercury's publicly disclosed funding rounds (~$450M (val ~$3.5B)).

Andreessen Horowitz ↗ Sequoia Capital ↗ CRV ↗ Coatue ↗

Is my money safe with Mercury?

Your money is held by Choice Financial Group and Column, so any deposit insurance flows through that sponsor bank — not Mercury itself. Check the sponsor's scheme and whether balances are "passed through" for per-customer insurance.

go deeperSee the full Mercury profile with every verified field, or Mercury alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.