Mercury partners with Stripe Atlas to streamline the process for startups to set up business banking immediately upon incorporation.
Through the partnership, startups can open a Mercury account before being assigned an EIN by the IRS, accelerating their launch period.
Mercury offers additional security for startups' funds with Mercury Vault, providing FDIC insurance up to $5M and Mercury Treasury for balances beyond insured limits.
The collaboration includes a promotional cash bonus for new businesses: $1,000 for C-corps and $500 for other types, subject to maintaining a minimum balance.
This initiative aims to support the surge in new businesses, which has increased significantly from 2019 to 2023, particularly in the U.S.

Mercury offers specialized banking services for over 100,000 venture-backed and bootstrapped startups. They provide FDIC-insured checking and savings accounts, employee debit and credit cards with custom limits, and payment capabilities through ACH, wires, checks, and foreign exchange. Startups can confidently scale with Mercury's advanced tools, which include seamless integrations with other financial platforms like QuickBooks and Stripe. Furthermore, founders can benefit from resources such as an investor database, startup guides, and Mercury Raise, a platform connecting founders with investors. Their banking platform is designed for fast-paced startups, with efficient automation, robust controls, and zero monthly fees.

Mercury

Startup-focused banking, card issuing, cashback, integration, community resources, FDIC-insured.

Mercury and Stripe Atlas Partnership

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