Ask HN: Is Mercury Bank a Good Option?

Posted by inodeman on Tuesday December 12, 2023 @09:19PM
from the ask-hn dept.

Hi, I have a couple of friends who are Latinos that have been declined from opening an account at Mercury, on the other hand I see other friends from India have no problem with them. What has been your experience? Can you share your story if you were refused?

( 5 comments | on HN )

Re:Ask HN: Is Mercury Bank a Good Option? by inodeman on Tuesday December 12, 2023 @09:44PM (#38622011)

This is the response I recently got. Seems they sit around and meditate if they should let you in. Also I am sure they mediate around your last name, country of origin.

—>

Our onboarding team reviews each application by hand, and takes a holistic view of your application and business information and makes their application decisions based on a variety of internal factors.

I know this may be frustrating, but we are unable to provide more detailed information as to the reason why your application was denied, and aren't able to reconsider.

[ Parent | on HN ]

Re:Ask HN: Is Mercury Bank a Good Option? by verdverm on Tuesday December 12, 2023 @09:48PM (#38622043)

https://hn.algolia.com/?q=Mercury+bank

I don't really trust anything a16z touches anymore

[ Parent | on HN ]

Re:Ask HN: Is Mercury Bank a Good Option? by inodeman on Sunday December 17, 2023 @02:34PM (#38675644)

I just don´t think its fair to let close to 100% of a nationality and discriminate or "holistically" analyze against against another group.

[ Parent | on HN ]

Re:Ask HN: Is Mercury Bank a Good Option? by smlacy on Tuesday December 12, 2023 @09:19PM (#38621861)

What's Mercury?

[ Parent | on HN ]

Re:Ask HN: Is Mercury Bank a Good Option? by inodeman on Tuesday December 12, 2023 @09:20PM (#38621864)

Mercury Bank, a bank supposed to be focused on startups

[ Parent | on HN ]