WASHINGTON, D.C. – The Financial Technology Association (FTA) today announced fintech industry leader Mercury as its newest member. Mercury offers financial services such as banking and credit cards* to help startups perform at their highest level at any stage of the entrepreneurial journey.
“We are proud to represent cutting-edge companies like Mercury that are powering the innovation economy so founders and startups have the financial tools they need to grow,” said Penny Lee, President and Chief Executive Officer of the Financial Technology Association. “We welcome Mercury to our ecosystem of leading companies and look forward to collaborating as we shape the future of financial services and U.S. fintech policy.”
“As a leader in financial services innovation, Mercury cares deeply about the regulatory and policy environment and how it can enable innovation and better serve consumers,” said Robert Gonzalez, General Counsel of Mercury. “Membership in the Financial Technology Association will further enable us to engage with peers, regulators, and other stakeholders across the space in pursuit of our mission to serve entrepreneurs and their growing businesses.”
Financial technology or fintech companies like Mercury provide flexible, easy-to-use, and customized banking services to the innovators powering the economy, from venture-backed startups to e-commerce businesses. Instead of waiting days or weeks to open an account at a traditional bank, with Mercury, startup founders and finance teams can bank at their speed and gain access to powerful banking features that simplify workflows and drive smarter business decisions. These tools and a network of resources help companies accelerate growth with the resources and knowledge they need to navigate the obstacles of company building.
Fintechs harness the power of technology and partner with chartered financial institutions to offer innovative services, such as savings accounts, credit products, or payment services. To learn more about the hallmarks of responsible bank-fintech partnerships, read “How Bank-Fintech Partnerships Make Banking Better.” For more about how Mercury operates, visit “How Mercury Works.”
ABOUT FTA
The Financial Technology Association (FTA) is a Washington, DC-based trade association representing industry leaders shaping the future of finance. We champion the power of technology-centered financial services and advocate for the modernization of financial regulation to support inclusion and responsible innovation.
ABOUT MERCURY
Mercury lays the groundwork for ambitious companies to operate at their highest level with banking and credit cards engineered for the startup journey. With an intelligent bank account powering their operations, founders and finance teams can efficiently store, manage, and move their funds while driving smarter business decisions. And with access to the best investors, operators, founders, and resources, startups can better navigate the obstacles of company building. That’s why more than 100K startups choose Mercury. To learn more, visit Mercury.com.
*Mercury is a financial technology company, not a bank. Banking services are provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.