Co-founder
Immad Akhund
Co-founded Mercury in 2017 with Jason Zhang and Max Tagher. A repeat founder, he frames the product around the financial work of running a business.
Explore founder
SHARK MONEYYACHT CLUBSearch Shark Money
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Fintech / COMPANY INTELLIGENCE
Mercury
Provides financial accounts and software for business payments, cash management, spending, and financial workflows through a fintech platform and banking partners.
01 / THE BUSINESS
How Mercury creates value.
Financial software and partner-bank services serve business customers. Banking economics, software monetization and a proposed bank charter have different capital and regulatory implications.
SectorFintech
Founder coverage3 profiles
Research checkedSep 18, 2026
02 / PEOPLE BEHIND THE COMPANY
Meet the builders.
Co-founder
Jason Zhang
Co-founded Mercury with Immad Akhund and Max Tagher to build financial tools for founders and businesses.
Explore founderCo-founder
Max Tagher
Co-founded Mercury with Immad Akhund and Jason Zhang, helping create its software-based financial platform.
Explore founderSelected founders; historical founding roles are distinct from current management positions.
03 / CAPITAL & OWNERSHIP
Follow the financing.
Selected disclosed events, newest first. Announcement values describe that transaction and date; they are not current share prices. Debt, equity and secondary transactions are identified separately.
- Equity
Series D
Disclosed amount$200MBasis not specified$5.2BNamed participants: TCV · a16z · Coatue · CRV · Sapphire Ventures · Sequoia Capital · Spark Capital
Read the announcement
Explore the named investors.
Names refer to the cited transactions. They do not establish current ownership, ownership percentages, or endorsement of this website.
04 / IN THEIR OWN WORDS
Watch. Listen. Form your view.
Mercury
Mercury — official video channel
Product demonstrations, company presentations and original updates, linked from the company’s own website.
Visit original material ↗Interviews reflect the speaker’s perspective at publication. Company statements are not independent verification.
05 / EDITORIAL ANALYSIS
The opportunity. The open questions.
Our interpretation of the business model and cited sources, not a valuation or a recommendation.
The case to investigate
- A differentiated product can become more valuable when it solves a costly, repeatable customer problem.
- Track whether each financing milestone converts into operating progress and more durable customer relationships.
Pressure-test the thesis
- A strong product does not establish a fair entry price or favorable shareholder rights.
- Capital requirements, competition and execution setbacks can weaken growth or require further dilution.
- Public information may omit important financial terms, customer concentration or operating costs.
What to watch next
01
How sensitive are revenue and margins to interest rates and customer cash balances?
02
How would a completed bank charter change capital requirements and operating costs?
03
What evidence shows repeat customer demand and improving delivery economics?
YOUR RESEARCH WORKSPACE
Keep the questions that matter.
Use this checklist to record what you have investigated. Your notes stay in this browser.
06 / RESEARCH TRAIL
Go straight to the source.
Series D and business updatemercury.com · May 20, 2026Current company and product updatesmercury.com
Research checked Sep 18, 2026. Selected public disclosures, not a complete capitalization table or securities-filing search. Missing information is left unconfirmed. No investment availability or IPO date is implied.