Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025 (Hugh Son/CNBC)

<a href="https://www.cnbc.com/2026/05/20/fintech-mercury-valuation-fundraise-bank-charter.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260520/i29.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260520/p29#a260520p29" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Hugh Son / <a href="http://www.cnbc.com/">CNBC</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/05/20/fintech-mercury-valuation-fundraise-bank-charter.html">Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025</a></b></span>&nbsp; &mdash;&nbsp; Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.</p>