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Mercury was founded in 2017 by Immad Akhund, Max Tagher, and Jason Zhang. [1] Mercury's business bank launched in 2019. [1] In March 2022, the company began offering venture debt services to its customers. [5] In September 2022, the company launched a corporate charge card. [1]
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Mercury was founded by George Joseph, who flew 50 World War II missions as a navigator before graduating from Harvard on the G.I. Bill in 1949. Joseph then spent more than a decade in the insurance industry before founding Mercury Insurance in 1961 as a low-cost alternative to larger insurance companies.
Mercury began by offering fixed-line facilities direct to business and residential customers. Callers could use the 'Mercury 2300' service via their existing BT phone line by dialling a '131' prefix followed by a ten-digit customer code, then the number they wished to dial. Some phones were manufactured with a 'Mercury button' which allowed the ...
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Mercury, a well-funded, three-year-old startup that offers a host of banking services to startups, is today rolling out a new offering for its customers: venture debt. The idea is to loan out $200 ...
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