Chime vs Mercury
Side-by-side equity comparison for employees weighing offers at Chime or Mercury. Valuations, funding history, headcount growth, and secondary-market context.
| Chime | Mercury | |
|---|---|---|
| Latest valuation | $7.39B | $4B |
| Latest round | Series H | Series C |
| Round date | November 2024 | June 2024 |
| Total raised | $2.3B | $213M |
| Founded | 2012 | 2017 |
| Headquarters | San Francisco, CA | San Francisco, CA |
| Employees | 2,386 | 2,814 |
| Employee YoY growth | +14% | -2% |
| Primary industry | Fintech | Fintech |
| Secondary-market price | — | $12.24 |
| Base-case equity multiple | — | 1x |
| Upside equity multiple | — | 1x |
| Lead investors | Sequoia Capital, SoftBank Vision Fund | Sequoia Capital, Andreessen Horowitz |
| Status | private | private |
Overview
Chime is a financial technology company offering fee-free mobile banking services including checking accounts, savings accounts with automatic savings features, and an interest-free credit builder card.
Mercury is a financial technology company that provides banking services tailored for startups, including checking and savings accounts, treasury management, and corporate cards.
Why we compare these
Chime and Mercury both appear on Fintech decacorns .
Mercury appears on Sara's List 2024; Chime is a direct competitor we track alongside it.
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.