US fintech Mercury to establish operation in Dublin following $300m funding round

Company handled $150bn of customer transactions last year

Mercury co-founder and CEO Immad Akhund. Photo: Getty

US fintech Mercury, which is valued at $3.5bn (€3bn) following a fundraising this year, is establishing a lab in Dublin, it is understood.

The company provides online business banking services via partner banks in the United States and has about 200,000 corporate customers there. They range from tech start-ups and venture capital firms to small businesses. It is also expanding into the consumer banking services space.

Last year, it handled more than $150bn of transactions.

The company declined to comment on the plans for its new Dublin operation.

Mercury was co-founded in 2017 by its chief ex

See Full Page