Mercury is pleased to announce the successful securing of a $100 million credit warehouse with Natixis Corporate & Investment Banking, a multinational financial institution. This achievement will support the expansion of Mercury’s corporate credit card business, particularly the IO World Elite Mastercard, which is issued by Patriot Bank, N.A., Member FDIC, under a license from Mastercard International.

This development marks a key milestone for Mercury's IO card business. Launched in September 2022, the company credit card was the most requested feature by Mercury’s customers. Since its introduction, the IO World Elite Mastercard has experienced substantial growth, with total monthly spend increasing more than threefold over the past year. According to internal data, it has become the most popular corporate card among Mercury’s customers.