Mercury Lands in Dublin 🇮🇪 after $300M Raise
Hey Digital Banking Fanatic!
Silicon Valley’s favorite startup banker is crossing the Atlantic.
Mercury — the US business banking FinTech that raised $300m earlier this year at a $3.5bn valuation — is planting a flag in Dublin.
The move comes after the company processed a cool $150bn in customer transactions last year and doubled down on serving everyone from scrappy tech founders to heavyweight VCs.
Why it matters: Mercury is stepping into Europe with momentum (200k business customers, fresh Sequoia-led funding, Tim Mayopoulos of SVB rescue fame on the board) and ambitions that now stretch beyond startups into personal banking.
Think: 4% yield savings accounts, slick money management software, and even a $240/year consumer subscription.
In other words, what SVB left behind, Mercury wants to own, and Dublin is just the next chapter.
Cheers,
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NEWS
🇮🇪 US FinTech Mercury to establish operations in Dublin following $300m funding round. The company provides online business banking services via partner banks in the United States. They range from tech start-ups and venture capital firms to small businesses. It is also expanding into the consumer banking services space.
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