Mercury Fintech Achieves $650M Revenue Following $300M Funding Round

2025-11-10 18:46

Mercury Fintech has reported $650 million in annualized revenue by the end of Q3 2025, marking a significant milestone for the company. This growth follows a $300 million C-round funding led by Sequoia Capital in March 2025, which valued the company at $3.5 billion. The funds are being used to enhance product development and compliance efforts. The fintech firm has seen its revenue rise from $500 million at the end of 2024, reflecting robust growth. Mercury Fintech has maintained GAAP profitability and EBITDA growth for three consecutive years. In response to industry challenges, the company has expanded its compliance team to comprise 20% of its workforce.

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