Mercury Financial Has Closed A $200 Million Debt Facility To Drive Growth Of Its Credit Card Business For The Middle-Class
Amount Raised
$200 Million
Round Type
Funding Round
AustinFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Mercury® Financial (“Mercury”) today announced the closing of a $200 million debt facility from client funds managed by Neuberger Berman. Mercury will use the funds to expand its credit card business and continue its mission of providing middle-class Americans responsible financial products to improve their lives.
Quick answer
Mercury Financial raised $200 Million in a Funding Round round, dated July 26, 2023. Investors: Neuberger Berman. Mercury Financial is based in Austin, Texas, United States.
- How much did Mercury Financial raise?
- Mercury Financial raised $200 Million in a Funding Round round on July 26, 2023.
- Who invested in Mercury Financial?
- Neuberger Berman is named as investors in this round.
- What does Mercury Financial do?
- Mercury Financial LLC is a financial services company on a mission to expand financial inclusion, helping more than 1.3 million Americans build a stronger financial future and improve their credit.
- Where is Mercury Financial based and how big is it?
- Mercury Financial is based in Austin, Texas, United States. Fundz records about 248 employees.
- Who are the decision-makers at Mercury Financial?
- Fundz holds 1 contact at Mercury Financial. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Mercury Financial that raised within 45 days of this round, from Fundz verified event records.
- Tradeteq raised $13M (Funding Round) on September 8, 2023.
- R&T Deposit Solutions raised an undisclosed amount (Corporate Round) on September 7, 2023.
- Momnt raised $15M on September 6, 2023.
- Momnt raised $35M on July 26, 2023.
- Salmon Group raised $20M (Series A) on July 20, 2023.
- Jirav raised $20M (Funding Round) on July 11, 2023.
Who to call at Mercury Financial, and when
A new round usually means Mercury Financial is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mercury Financial raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mercury Financial, from your own LinkedIn network
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Related People
Mercury Financial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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