Mercuryo

Founded in 2018 fintech-startup Mercuryo of, Great Britain specializes in payment solutions in. to cryptocurrency Mercuryo provides users with access to a wallet with which you can store, buy and sell digital currency. Mercuryo also issues cryptocurrency cards for daily expenses.

History

2021: Raising $7.5 million

At the end of June 2021 Britishfintech-startup Mercuryo raised $7.5 million. The Series A investment round was led by a Russian venture capital company. Target Global The company also led the Mercuryo seed funding round in 2020, in which the startup received $2.5 million. Since its founding in 2018, Mercuryo has raised more than $10 million.

We plan to use capital to enter new markets and launch business solutions, "Mercuryo representatives said on a Twitter blog. We will allow any company to connect its business with fintech, without encountering problems.

Russian Target Global invested in the British developer of solutions for processing payments in digital currencies Mercuryo

According to Yahoo Finance, the business solutions mentioned by the startup include a cryptocurrency debit card that allows cross-border payments using digital currencies. In addition, Mercuryo intends to expand the geography of its services, in particular to the markets of South America and Southeast Asia.

Mercuryo is developing at an incredible pace, despite market fluctuations. We create a product line and do not depend on the cryptosegment. The new round brings us a step closer to the global destruction of the payment market, "said Greg Weisman, co-founder and chief operating officer of the startup.

The history of Mercuryo began in Tallinn, the founder of the startup Greg Weisman, together with fellow entrepreneurs Alexander Vasiliev and Peter Kozyakov, achieved the provision of services by the startup throughout Europe. As of June 2021, Mercuryo's customer base is about 1 million people.^[1]

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