
Mercantile
formerly Mercantile Financial TechnologiesAcquiredBusiness credit card programs that drive engagement
New York, United States · Founded 2020 · $22.0M raised
- 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.
Tech & App Stack
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Funding History
Oct 2022
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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