Slash raises $100M Series C at a $1.4B valuation
Slash supports over 10,000 businesses across 130+ countries with better cash back,¹ treasury without minimums,⁶ and crypto payments built in.⁴
How Slash compares to Mercury, side by side.
| Features |  |  |
|---|---|---|
| Up to 2% cash back on card spend | ||
| Account access in 130+ countries without a US entity³ | ||
| Over $100M in FDIC insurance coverage² | ||
| Send and receive cryptocurrency (USDC/USDT) | ||
| Unlimited virtual cards with spend controls | ||
| API, webhooks, and AI-agent access | ||
| No minimum balance for Treasury |
Last updated August 18, 2026
When comparing Slash to Mercury, businesses choose Slash for four reasons: broader global account access, built-in cryptocurrency payment rails, a lower barrier to entry for treasury accounts, and up to 2% cash back on your company cards.
Many businesses turn to Mercury for their low-cost payments, startup-focused feature set, and automations for accounting and card controls. Slash covers that same ground, so switching doesn't mean giving up the tools your team already relies on.
Ready to see the difference? Join thousands of businesses who have already made the switch from Mercury to Slash and experience a platform that works as hard as you do.
Explore Mercury bank alternatives. See how Mercury vs. Brex vs. Slash compare. Learn if Mercury is the right business bank, and which bank fits your needs.
The Mercury IO card maxes out at 1.5% cash back. With Slash, you can earn up to 2% cash back.
Mercury generally requires a $250,000 minimum to open a Treasury account. Slash Treasury has no minimum to start.
Mercury only supports US businesses, while Slash's Global USD account supports businesses in 130 countries.
“Without Slash, we’d still be relying on spreadsheets to manage our financial backend. Slash has made us much more efficient and allows my team to truly understand where our spending is going.”
Rikki Agarwal
— Co-founder & CBO at Blink Digital
Rikki Agarwal
— Co-founder & CBO at Blink Digital
“Slash’s platform makes it easy to create virtual cards, support is fast and amazing, and the cashback helps cover our shipping and ad spend. I use my Slash account as my main bank account.”
Jay-Jay P.
— Founder & CEO at Hike Footwear
Jay-Jay P.
— Founder & CEO at Hike Footwearin yearly payment volume
virtual cards issued
businesses
earned in cash back
Pay in stablecoins. Operate globally. Slash offers Global USD accounts and native crypto payments, so businesses can collect, convert, and send funds on the blockchain.
Smarter spend, faster payments, better rewards.
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