Mercury

About Mercury

Mercury is a digital banking platform built for startups and technology companies. Founded in 2017, Mercury provides business banking services—checking accounts, savings, credit cards, and treasury management—designed specifically for the needs of venture-backed startups and high-growth businesses.

Mercury is designed for founders and finance teams at startups who want modern banking infrastructure with features tailored to startup financial operations: fast account opening, integrated accounting sync, multi-currency support, and treasury management for managing cash across short-term investments.

Service Offerings

Mercury's core services include:

• Business Checking: High-yield checking accounts with no monthly fees and integrated banking services.
• Savings & Treasury: FDIC-insured savings with competitive yields and short-term treasury management for excess cash.
• Corporate Cards: Business debit and credit cards with spend controls and automated expense categorization.
• International Banking: Multi-currency accounts and wire transfer services for global operations.

Mercury operates as a financial technology company partnered with FDIC-insured banks to provide banking services through a modern software interface. Account data syncs directly to accounting systems like QuickBooks Online for automated reconciliation.

Approach and Positioning

Mercury positions itself as banking built for startups, focusing on fast onboarding (accounts opened in minutes vs. weeks), high cash yields for treasury management, and integrated software features that traditional business banks don't offer. They emphasize founder and CFO experience over branch networks or relationship banking.

What sets Mercury apart is their startup-first design: they understand that venture-backed companies manage large cash balances, move money frequently for growth investments, and need banking that integrates seamlessly with modern accounting and finance stacks.

Key strengths include:

• Fast, fully online account opening with no branch visits
• Competitive yields on cash balances and treasury features
• Direct accounting system integrations for automated bank reconciliation
• Modern software experience with strong API access

How Omniga Compares to Mercury

Mercury is a business banking platform, while Omniga is a finance orchestration platform—they serve different layers of the finance stack and typically work together rather than compete.

Mercury provides banking infrastructure: holding cash, processing payments, issuing cards, and managing deposits. Omniga handles finance operations: categorizing transactions (including Mercury bank activity), reconciling accounts, managing workflows, and producing financial reporting. In practice, Mercury is the bank account where money moves, and Omniga is the system where finance teams review, categorize, and report on that bank activity.

Key differences:

• Focus: Mercury focuses on business banking, cash management, and treasury for startups; Omniga focuses on finance orchestration, bookkeeping workflows, and management reporting
• Users: Mercury serves founders and finance teams managing company cash and banking; Omniga serves finance teams, bookkeepers, and fractional CFOs managing books and financial operations
• Integration: Mercury is the bank account and transaction source; Omniga orchestrates across all sources (Mercury bank feeds, cards, payroll, etc.) to manage complete finance workflows

Many businesses use both: Mercury handles their business banking and cash management with automated accounting sync, while Omniga helps their finance team orchestrate workflows, review and categorize transactions from Mercury and other sources, and produce comprehensive management reporting.