User:STEMinfo/Mercury draft

Mercury is a financial technology company that provides customers with banking services. The company is not a bank, but works with banking service providers to provide bank accounts and other financial services. The company was founded in 2017 in San Francisco, California.

History
Mercury was founded in 2017 by Immad Akhund, Max Tagher, and Jason Zhang. Mercury's business bank launched in 2019. In March 2022, the company began offering venture debt services to its customers. In September 2022, the company launched a corporate charge card. In March 2023, Fast Company named Mercury one of the ten most innovative companies in finance. The company is also on Forbes' 2023 Fintech 50 list for private companies. The company reportedly gained a significant number of new customers and deposits in the wake of the Silicon Valley Bank failure.