NEW YORK, /PRNewswire/ -- Better Business Advice has published a new review naming Mercury a leading platform in the category of best online business banking* for entrepreneurs, highlighting the company's role in shaping how startups and early-stage businesses manage their financial operations in a fully digital environment.
Best Online Business Banking for Entrepreneurs
- Mercury - is the fintech company known for providing an online banking* platform designed for ambitious entrepreneurs, startups, and tech-forward small businesses.
*Mercury is a financial technology company, not a bank. Banking services provided through Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC.
Digital Banking for the Modern Entrepreneur
Entrepreneurs today face a set of financial realities that look very different from those of a decade ago. Many operate remotely, run lean teams, and depend on technology to move quickly. Traditional banking models, with their in-branch requirements and manual processes, often fall short of the flexibility and speed these businesses require.
As financial workflows become more complex, the tools used to manage them must keep up. Better Business Advice's review focuses on how Mercury's online platform helps simplify and centralize business banking by removing friction and consolidating core services into one digital interface.
The review also outlines how digital banking platforms like Mercury are filling a gap in the market, particularly for entrepreneurs who want immediate access to capital, real-time visibility into transactions, and the ability to automate recurring tasks.
Core Features and Infrastructure
At the center of Mercury's offering are FDIC-insured checking and savings accounts, made available through partnerships with regulated institutions including Choice Financial Group, Column N.A., and Evolve Bank & Trust. This structure allows Mercury to focus on building and improving its user-facing product while relying on its banking partners for deposit facilitation and protection.
Eligible deposits are insured up to $5 million* through their partner bank's use of sweep network programs. Businesses who meet deposit requirements also have access to Mercury Treasury by Mercury Advisory, a money market portfolio offering yield** on idle funds while maintaining liquidity. The review notes that this combination of protection and capital efficiency appeals to founders managing both growth and cash preservation.
Mercury's accounts support ACH transfers, domestic and international wire payments in over 40 currencies, and check functionality. Businesses can also open multiple sub-accounts to better manage income streams, budgets, or departments. This modular structure offers greater control and organizational clarity as a company scales.
Built-In Tools for Financial Operations
Better Business Advice notes that what differentiates Mercury from traditional banking* providers is its emphasis on financial operations, not just account services. The platform includes integrated bill pay and invoicing features, allowing users to generate, send, and track invoices directly from the dashboard. Payments can be automated or scheduled, with approval workflows built in to maintain oversight.
Entrepreneurs can also open dedicated accounts to allocate funds for payroll and issue debit or credit cards to team members, each with customizable permissions and spending limits. This makes it easier for founders to delegate financial tasks without losing control of how company funds are used.
The platform integrates natively with accounting software, including QuickBooks, Xero, and Netsuite integrations are available to subscribers to Mercury's advanced financial workflows. This reduces manual entry, enables faster reconciliation, and supports more accurate financial reporting. For many businesses operating without a full-time finance team, these integrations help automate time-consuming tasks while reducing error rates.
User Experience and Setup
Better Business Advice highlights the simplicity of Mercury's onboarding process as one of its most appealing features. Business accounts can be opened online in minutes, without the need for in-person appointments or paper-based applications. This is a major advantage for entrepreneurs who need to move quickly and don't have time to wait for long approvals or physical paperwork.
Once inside the platform, users are presented with a clean, intuitive interface that emphasizes usability. Financial tools are logically organized and easy to access, even for those without extensive experience in business finance. For startups with technical capabilities, the platform also offers developer APIs for deeper integration into custom systems or workflows.
Transparent and Predictable Structure
While Mercury's core banking* services are free from account minimums, overdraft fees, or monthly maintenance charges, the platform does offer advanced features that may carry transaction-based fees. These include international currency exchange, FX onwire transfers sent in a foreign currency, and access to premium financial tools.
Better Business Advice notes that the platform's approach to pricing is straightforward, with clear disclosures and no hidden charges. This transparency contributes to a sense of predictability and trust - qualities that are especially valuable for startups managing tight budgets or venture capital funding.
As more founders look for infrastructure that grows with their business, platforms like Mercury represent a shift in what business banking can look like - one where automation, clarity, and digital access are the default.
The full review is now available at Better Business Advice.
About Mercury: Mercury is the fintech ambitious companies use for banking* and credit cards.
*Mercury is a fintech company, not an FDIC-insured bank. Checking and savings accounts are provided through our bank partners Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDIC. Deposit insurance covers the failure of an insured bank. Checking and savings account deposits may be held by sweep network banks, subject to the customer's agreement to applicable partner terms. Certain conditions must be satisfied for pass-through insurance to apply. Learn more here.
**Mercury Treasury, by Mercury Advisory, LLC, an SEC-registered investment adviser, seeks to earn net returns up to 4.27% annually on your idle cash. Net yield numbers as of 06/16/2025, and assume total Mercury deposits of $20M+.
This communication does not constitute an offer to sell or the solicitation of any offer to purchase any security. Funds in Mercury Treasury are subject to investment risks, including possible loss of the principal invested, and past performance is not indicative of future results. Some of the data contained in this message was obtained from sources believed to be accurate but has not been independently verified. Please see full disclosures at mercury.com/treasury. Mercury Advisory is a wholly-owned subsidiary of Mercury Technologies.
Mercury Treasury is not insured by the FDIC. Funds in Mercury Treasury are not deposits or other obligations of Choice Financial Group, Column N.A., or Evolve Bank & Trust, and are not guaranteed by Choice Financial Group, Column N.A., or Evolve Bank & Trust.
About Better Business Advice: Better Business Advice is a business advice website dedicated to helping businesses succeed. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only.
SOURCE BetterBusinessAdvice.com
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