[tnjm]

Indeed, Mercury has been phenomenal for us too. It's painful to use other banks now. How they've executed so quickly and competently in a tricky space is quite something to watch.

But the thought of them pulling a Brex-like move might now keep me awake at night... hopefully they would just add a monthly fee on before reaching that point.

[jkeuhlen]

Our unit economics are strong for all businesses, so we don't anticipate ever having to do something like this.

Banking is our primary focus, not an add-on feature, and we invest significantly on the product teams that enable strong unit economics in banking for the long run, like partner integrations, support experience, and onboarding/risk.