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by chaoxu 1991 days ago
What, I just got Azlo account a week ago.

Good thing I've applied for an account with Mercury. Waiting through the long verification process...

But this definitely get me to think twice about using fintech banks. It could get closed down due to an acquisition of their parent bank.

3 comments

Hello! Jason here from Mercury's customer onboarding team. I'm sorry to hear the verification process may be taking some time. I'd love to take a look to see where things are at, and help move thing along, if you'd be able to share your company name/email address (feel free to email us at onboarding@mercury.com). Thank you!
Thank you! I've sent you an email.
You should check out Novo (banknovo.com). Our application process takes <24 hours if you have all your business docs. If you finished your application today or tomorrow, we could have your account opened by Monday.
I guess we trade upfront convenience/less friction for potential catastrophic collapse on the back end. Depending on your biz it may or may not be worth it although most new founders have few brick and mortar options.