fintech / news / / The Star
Mercury said on Wednesday it had raised $200 million at a $5.2 billion valuation.
Mercury raised $200 million at a $5.2 billion valuation in its latest funding round.
KEY POINTS
- Mercury received conditional approval in April to establish Mercury Bank, a fully chartered national lender.
- Mercury has achieved four consecutive years of GAAP profitability and reached $650 million in annualized revenue.
- Mercury now serves over 300,000 customers, including one in three U.S. startups.
COMPANIES
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