We’ve loved using Mercury for our banking, and we would recommend them to any other fund or company getting started. Below is the 14 step process we followed to get our account set up in under a week.
P.S. You can get $250 cash when you spend $10k on a new Mercury debit card within the first 90 days using this link.
STEP ONE
Visit Mercury. Click on the tab of “Open Account” in the top right corner.
Insert the following information in the next screen:
First name
Last name
Email address
Password
Check the box and agree to receive an electronic communication then click “Create Account”.
STEP TWO
Insert the following information about your company:
Your company name
Your role in the company - You can select among founders, CFO, Investor, Manager, etc.
Then click “Next”.
STEP THREE
Choose your call sign or the specific permalink for your company.
Example: mercury.com/yourcompanyname
Click “Looks Good”.
STEP FOUR
Select the type of your company and what it deals with among the following:
Registered with SEC
Publicly traded
Owned by a public company
Gambling
Money service business
Firearms
Controlled substances
Government organization
Tax program
Adult entertainment
Only the above 3 categories will be accepted by Mercury. If your company is one of the three select them and click “Next” or click “None of the above” to proceed.
Your application is now submitted and being processed. Mercury will notify you about the application status within 2-4 working days.
Once approved, you will be able to manage your transactions.