463: Why Small Customers Matter with ​​Immad Akhund of Mercury

Since 2006, Immad Akhund has been investing in and building startups. But he always struggled with working with traditional banks to run his startups, especially as a non-US resident. He figured someone else would solve it, but the issue was still on the table by the time he exited his fourth startup in 2017. So, he launched Mercury, a bank for startups that now is a fintech unicorn valued at $1.62 billion. On the side, Akhund also is an angel investor of 240-plus startups, many of which are unicorns. 

Listen to Nathan and Immad discuss: 


How failure hooked him onto entrepreneurship 

The origins of Mercury as a fix for startup banking

How he used Twitter to earn customers

Why the journey is better than the end result 

Where he invests in future-state startups

What makes a strong entrepreneur 

Why your small customers matter 

Common mistakes startups make with banks

And much more fintech advice…



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