Mercury announces the introduction of IO, a new corporate credit card designed for ease of use and scalability.
The IO card offers a 1.5% cashback and allows monitoring of banking and spending through a single dashboard.
A $50,000 deposit in a Mercury account qualifies startups for the IO card, presenting a low barrier to entry.
Mercury prioritized a banking foundation before expanding into credit services, now including Treasury and Venture Debt features.
Developing IO involved 25 engineers over six months, with a focus on exceptional product quality and functionality.

Mercury offers specialized banking services for over 100,000 venture-backed and bootstrapped startups. They provide FDIC-insured checking and savings accounts, employee debit and credit cards with custom limits, and payment capabilities through ACH, wires, checks, and foreign exchange. Startups can confidently scale with Mercury's advanced tools, which include seamless integrations with other financial platforms like QuickBooks and Stripe. Furthermore, founders can benefit from resources such as an investor database, startup guides, and Mercury Raise, a platform connecting founders with investors. Their banking platform is designed for fast-paced startups, with efficient automation, robust controls, and zero monthly fees.

Mercury

Startup-focused banking, card issuing, cashback, integration, community resources, FDIC-insured.

Mercury Launches New Corporate Credit Card

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