The fintech firm has been profitable for more than 4 years and acquires over 60% of its customers via word of mouth. It is launching payroll services and 'MCP actions' that allow money transfers through AI assistants such as Claude and ChatGPT upon user approval. Mercury will launch Mercury Bank NA next year and already hosts several clients with more than $500M on its platform.
Tuesday, October 20, 2026
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Mercury Hits $1B Annualized Revenue With 50% Growth
Earnings1 day ago
The financial services provider has expanded its client list to more than 450,000, which includes one in every three startups in the United States. Mercury crossed $1B in annualized revenue, a 50% increase year-over-year, after revenue growth re-accelerated from $500M in 2024 to a $650M run-rate in September 2025. This milestone concludes a 9 year journey for the firm to reach a billion dollar run-rate.
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