HN Explorer

Ask HN: Is Mercury Bank a Good Option?

1 points by inodeman ↗ HN
Hi, I have a couple of friends who are Latinos that have been declined from opening an account at Mercury, on the other hand I see other friends from India have no problem with them. What has been your experience? Can you share your story if you were refused?

5 comments

[ 4.5 ms ] story [ 24.8 ms ] thread
smlacy
What's Mercury?
inodeman
Mercury Bank, a bank supposed to be focused on startups
inodeman
This is the response I recently got. Seems they sit around and meditate if they should let you in. Also I am sure they mediate around your last name, country of origin.

—>

Our onboarding team reviews each application by hand, and takes a holistic view of your application and business information and makes their application decisions based on a variety of internal factors.

I know this may be frustrating, but we are unable to provide more detailed information as to the reason why your application was denied, and aren't able to reconsider.