About Mercury
Mercury is a company based in London (United Kingdom) founded in 2008 by Alastair Constance was acquired by Nukk in February 2024. It operates as a Commission-Based. The company has 4 employees as of December 31, 2020. Mercury offers products and services including International Payments and E-Account. Mercury operates in a competitive market with competitors including Wise, TransferGo, Remessa Online, CurrencyFair and Intermex, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Dec, 2020
- Founders Alastair Constance
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Mercury Foreign Exchange Limited
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Products & Services of Mercury
Mercury offers a comprehensive portfolio of products and services, including International Payments and E-Account. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
International payments are facilitated in over 40 currencies.
Borderless e-accounts are provided for personal and business use.
Funding Insights of Mercury
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mercury
Mercury has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nukk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment management services are provided by Nukk, established in 2013.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mercury
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mercury
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mercury Comparisons
Competitors of Mercury
Mercury operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wise, TransferGo, Remessa Online, CurrencyFair and Intermex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for individuals and businesses via apps.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for consumers and businesses.
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| domain | founded_year | HQ Location |
International payments are enabled online for consumers and businesses.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled through CurrencyFair's platform.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for individuals and businesses.
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| domain | founded_year | HQ Location |
Payment processing solutions for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mercury
When was Mercury founded?
Mercury was founded in 2008.
Where is Mercury located?
Mercury is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Mercury?
Alastair Constance is the current CEO of Mercury. They have also founded this company.
How many employees does Mercury have?
As of Dec 31, 2020, the latest employee count at Mercury is 4.
What is the annual revenue of Mercury?
Annual revenue of Mercury is $1M as on Dec 31, 2022.
What does Mercury do?
Cross-border payment services are offered by Mercury, enabling transactions in over 40 currencies across 160 countries. Domestic and international payments are supported through systems like SWIFT, Instant SEPA, and Faster Payments. Personal and business e-accounts are provided for borderless financial operations, with 247 online access. The company operates in the financial sector, focusing on currency exchange and secure fund management, regulated by authorities in the UK and South Africa.
Who are the top competitors of Mercury?
Mercury's top competitors include Wise, TransferGo and Remessa Online.
What products or services does Mercury offer?
Mercury offers International Payments and E-Account.
Who are Mercury's investors?
Mercury has 1 investor. Key investors include Nukk.
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