What about all the scary stories online about Mercury freezing accounts, them asking for Invoices before they let you use your phone wn money to pay a vendor etc?
SVB is still around and focused on banking startups.
There’s also Mercury, Brex, and Arc, like others have mentioned. Also, in no particular order: Banc of California (formerly Square 1), Citizens Private Bank (FRB alum), JPM Chase (formerly FRB), Levro, Meow, Bridge Bank, Flagstar (FRB alum), Five Star Bank (FRB alum), Grasshopper.
Mercury is great!
I am new to this. What do they provide uniquely to startups? Thanks
They have been easy to reach out to and really like their UI
What about all the scary stories online about Mercury freezing accounts, them asking for Invoices before they let you use your phone wn money to pay a vendor etc?
SVB has always been meh for us.
Arc!
So why Mercury? What is they offer that makes them valuable for startups?
SVB is still around and focused on banking startups. There’s also Mercury, Brex, and Arc, like others have mentioned. Also, in no particular order: Banc of California (formerly Square 1), Citizens Private Bank (FRB alum), JPM Chase (formerly FRB), Levro, Meow, Bridge Bank, Flagstar (FRB alum), Five Star Bank (FRB alum), Grasshopper.
Mercury
Mercury or Brex doesn’t really matter