Mercuryo

Mercuryo, founded in 2018 and headquartered in Nicosia, Cyprus, is a fintech startup specialising in payment infrastructure for the crypto ecosystem. The platform provides on/off-ramp services — converting between traditional currencies and cryptocurrencies — along with wallets and payment tools designed to simplify buying, holding, and spending digital assets, for both retail users and enterprise partners integrating Mercuryo's services into their apps. The company now serves over 12 million users in more than 150 countries, reflecting significant growth in the global adoption of crypto payment services. 2025 and 2026 have been particularly dense years for strategic partnerships: in April 2025, Mercuryo launched Spend, a Mastercard-network crypto debit card available through Ledger Live; in November 2025, it became the first payments provider to handle onboarding and KYC for the launch of Mastercard Crypto Credential on self-custodial wallets; in January 2026, it struck a partnership with Visa for the Visa Direct Off-Ramping service; in March 2026, it introduced native Apple Pay support, enabling one-tap cryptocurrency purchases on partner apps such as Bitget Wallet. Financially, Mercuryo has raised a total of $10.5 million, with Target Global among its main investors — a relatively modest amount given the operational scale reached, a sign of a capital-efficient model. The company describes 2026 as its "enterprise year," with plans to expand corporate venture activity and offer strategic enterprise access to emerging fintech and payments startups — a strategy reflecting Mercuryo's maturation from an infrastructure provider into an enabling platform for the entire crypto payments ecosystem.