Mercury reports $1 billion in annualized revenue and 450,000 customers

AIMercury says it has crossed $1 billion in annualized revenue, has been profitable for over four years, and serves more than 450,000 customers, including 1 in 3 U.S. startups. The company is positioning its banking platform for AI agents, with agent access through Mercury Command, MCP, and CLI, customer-scoped permissions, and Mercury Payroll launching the next day.

AIMercury has hit $1 billion in annualized revenue, up around 50% year over year, and now serves more than 450,000 customers, CEO Immad Akhund says on the Newcomer Podcast. The fintech company is also launching a payroll service. The conversation also covered AI agents spending money, startup valuations, and the post-pandemic cooldown in fintech.