Summary: Mercury adds personal banking and $300M Series C

Why It Matters: The company is moving beyond business accounts into personal finance. They are also sharing new data about their high revenue and recent large funding round to build trust.

What Changed:

• Added a new personal banking section with 3.25% APY and joint accounts.
• Updated the homepage to highlight a $300M Series C funding round and $650M in annual revenue.
• Simplified the main navigation to focus on four key areas: Business Banking, Cards, Payments, and Accounting.
• Added a "universal search bar" feature to help users find transactions and vendors faster.
• Increased the advertised FDIC insurance coverage from $5M to "20x the usual coverage."
• Introduced AI-powered bill pay features that automatically read and populate bill details.