Mercantile
formerly Mercantile Financial TechnologiesAcquiredMercantile is a financial services company in New York, United States, founded in 2020. It has raised $22.0M across 2 rounds, most recently a $15.0M Series A in October 2022.
Business credit card programs that drive engagement
- 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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 5 investors for this company. The full record is or through the API.
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
It lists 11–50 employees. 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.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Oct 2022
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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