How much funding has Mercantile raised?

Mercantile has raised $22.0M in total funding, most recently a Series A round.

Who are Mercantile's investors?

Mercantile's investors include First Round Capital, Index Ventures, General Catalyst, SV Angel, Operator Partners.

When was Mercantile founded?

Mercantile was founded in 2020.

Where is Mercantile headquartered?

Mercantile is headquartered in New York, New York, United States.

What industry is Mercantile in?

Mercantile operates in Financial Services, Fintech, Payments.

How many employees does Mercantile have?

Mercantile has 11-50 employees.

Mercantile

formerly Mercantile Financial TechnologiesAcquired

Business credit card programs that drive engagement

New York, United States · Founded 2020 · $22.0M raised

Financial Services

Fintech

Payments

Headquarters: New York, New York
Employees: 11–50
Founded: 2020
Business Model: B2B

Website: getmercantile.com
Total Funding: $22.0M
Last Round: $15.0M Series AOct 2022
Rounds: 2

About

Mercantile partners with leading banks, brands, and trade associations to design, launch, and manage custom business credit card programs. The platform provides end-to-end solutions including card design and issuance, a ready-made regulatory and compliance framework, marketing support, fraud prevention, and cardholder customer service. Mercantile has launched over 25 programs serving clients such as healthcare associations, professional organizations, and financial institutions, helping clients drive member engagement and generate revenue through spend-driven income. The company operates as a subsidiary of Onboard Partners, which has forty years of experience in the credit card industry.

Summary

Mercantile is a Financial Services company based in New York, United States, founded in 2020. It has raised $22.0M in total across 2 rounds, most recently a $15.0M Series A round in Oct 2022. Investors include First Round Capital, Index Ventures and General Catalyst.

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