Photo illustration: Gabriella Turrisi/Axios. Photo: courtesy of Mercury
Mercury, a San Francisco-based fintech, reached a $1.6 billion valuation last year by serving as a bank to other startups. Immad Akhund helms the company.
Why it matters: Mercury to an extent has an overview of the health of the earlier-stage venture ecosystem, given its role managing the finances of young tech companies.
Axiossat down with Akhund to hear more about what he's seeing across the fintech landscape. This conversation has been lightly edited for clarity.
