Mercury Hits $1 Billion Annualized Revenue, CEO Immad Akhund Says
Fintech company Mercury has reached $1 billion in annualized revenue, up around 50% year over year, and now serves more than 450,000 customers, CEO Immad Akhund told the Newcomer Podcast.
Mercury Reaches $1 Billion in Annualized Revenue
Mercury, the fintech company, has crossed $1 billion in annualized revenue, up around 50% year over year, CEO Immad Akhund revealed in an interview on the Newcomer Podcast. The company now serves more than 450,000 customers and is launching a payroll service.
AI Agents and the Startup Market
Akhund and host Eric Newcomer discussed AI agents spending money, with the CEO describing the current environment as a bubbly moment for startups. They also talked about the cooldown in fintech startups following the pandemic frenzy.
Newcomer Podcast and Cerebral Valley Show
The conversation is available on YouTube, Spotify and Apple Podcasts. The Newcomer Podcast has featured guests including Amanda Askell, Reid Hoffman, Vinod Khosla, Keith Rabois, Tony Fadell, Ed Zitron, Ben Smith, Taylor Lorenz and Katie Drummond. Newcomer also hosts the fortnightly Cerebral Valley Show with Max Child and James Wilsterman.
Sources: Newcomer
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