Immad Akhund

Immad Akhund is the co-founder and CEO of Mercury. He started the company in 2017 after years of firsthand frustration banking his previous companies — running into the same wall every time: banking that wasn’t built for the way founders actually operate. Mercury is what he wished had existed: a unified banking* platform built from scratch combining accounts, cards, bill pay, invoicing, spend management, and financial intelligence in one place. Today, 1 in 3 U.S. startups bank* with Mercury. The company serves more than 300,000 entrepreneurs, has reached $650M in annualized revenue, and has been GAAP profitable for more than three years. Born in Pakistan, raised in the U.K., Immad came to the U.S. in 2007 to join Y Combinator — where he later returned as a part-time partner — and has been building companies in San Francisco since. Alongside Mercury, he is one of the ecosystem’s more active early-stage investors, with more than 350 investments in companies including Rippling, Airtable, Rappi, Applied Intuition, and Substack. He has been named one of American Banker’s “Innovators of the Year” and a San Francisco Business Times “40 Under 40” honoree. *Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. The "1 in 3 startups" figure is based on US-based companies that received an angel, pre-seed, seed, or Series A investment reported on Crunchbase in the most recent year.