Fintech Firm Mercury Reaches $5.2 Billion Valuation After Latest Funding Round
Mercury, a fintech firm serving startups, raised $200 million in funding at a $5.2 billion valuation, marking a 49% increase from its previous round and bucking the broader fintech downturn. The company has achieved four years of profitability with $650 million in annualized revenue.
Topics: banking services fintech startup funding