Building Mercury with Immad Akhund, Founder & CEO

Incredibly excited for this conversation with Immad Akhund, the Founder of Mercury, a business bank for startups.
Mercury was founded in 2017 when almost no on had tried to build to a neobank for business. Today, Mercury has over 100,000 business customers and provides a suite of banking products
Checking and Savings
Credit Cards and expense management
Treasury
Venture Debt
In this conversation, we talk about just how hard, but rewarding the journey has been. Each year has been radically different from previous:
2017 how?
2018 build!
2019 launch!
2020 covid
2021 ecommerce boom & tech bubble
2022 tech crash
2023 SVB fails...
Most recently, the failure of SVB, their primary incumbent competitor, was a huge accelerant of the business with $2 Billion in deposits flow in a matter of weeks.
This is a great story of what it takes to build in fintech.

[@atTanzirAhmed]

Immad is a great human. 👍

[@CambrianHQ]

Agreed!

[@johnsmasterplan]

I am all over that consumer neobank product. Wish me luck.

[@ViralsOAT]

The main question is, "How in the hell did this kid, with a very low subs/followers get an interview with the CEO/CREATOR of Mercury?? He seems intelligent but did he fib about his YT acct, etc?? Obviously he's not making enough money AT ALL with his KZbin channel. I mean really, if I were Ammad, I would have said NO, when you hit 100k subs then come back to me and we can do an interview. 🤔🤔🤔???

[@MainEventAlonso]

BC he is a partner and Venture Capitalist of CAMBRIAN HQ. DO BETTER.

[@user-oj2ni2sk2w]

garbage

[@candicecleaners7583]

Immad is the reason I’m about to loose my children because those guy closed my account and kept my moneybags decided to not talk to me ….. RUN JOIN FOUND !!!!!! 😢I am still waiting to hear from him how to get my money to feed my family

[@ViralsOAT]

Did you get your problem resolved? Did he contact you??