Fintech
Mercury Raised $200 Million to Stop Renting a Bank and Become One
Mercury's $200 million round is really a bank charter story: the startup-fintech stack wants to stop renting sponsor banks and own the pipes.
This Week in Snark
Snarkapalooza: A Week of Launches, Laughs, and Light Phones
We dropped our first game, debuted two new Guides, and still found time to roast Elon, Meta, OpenAI, and a minimalist phone. Tech satire has never been louder—or more dangerously self-aware.
Funding
Mercury Banks $300M to Disrupt Banking, Again, Still, Forever
Fintech startup Mercury just raised a cool $300 million, instantly tripling the number of VC group chats that will now start with “We should do something in fintech.”