Mercury Cash offers a consolidated cash and cryptocurrency management platform that lets businesses access centralized and decentralized finance from a single account. Its product enables companies to switch between cryptocurrencies and dollars (and other currencies) in seconds and to conduct multi-country transactions quickly. The company targets corporate finance roles at large companies—CFOs, general managers, treasury managers, auditors, controllers—and aims to provide payment and treasury tools tailored to audit‑subject enterprises. Mercury Cash is pursuing banking licensure so it can provide dollar bank accounts in customers' names and reduce reliance on third‑party institutions for fiduciary services. The company is running a best‑efforts equity offering of up to $15,000,000 and has received a $5,000,000 investment from Global Blockchain Ventures to support its U.S. banking‑charter preparation. Management, including Global Operations CEO Victor Romero, says the capital will support expansion of banking services in the United States and the European Union.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2021