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Indeed, Mercury has been phenomenal for us too. It's painful to use other banks now. How they've executed so quickly and competently in a tricky space is quite
by tnjm 4y ago
Indeed, Mercury has been phenomenal for us too. It's painful to use other banks now. How they've executed so quickly and competently in a tricky space is quite something to watch.
But the thought of them pulling a Brex-like move might now keep me awake at night... hopefully they would just add a monthly fee on before reaching that point.
- jkeuhlen 4y agoOur unit economics are strong for all businesses, so we don't anticipate ever having to do something like this. Banking is our primary focus, not an add-on feature, and we invest significantly on the product teams that enable strong unit economics in banking for the long run, like partner integrations, support experience, and onboarding/risk.