Mercury vs Wise Business
Which banking service is better for non-US founders? Here's our data-driven comparison.
Last verified: June 12, 2026
TL;DR — Quick Verdict
Choose Mercury if:
- ✓You need a traditional US bank account for credibility
- ✓Mercury's features match your needs better
- ✓Mercury's features match your needs better
Choose Wise Business if:
- ✓You need multi-currency accounts
- ✓You primarily receive international payments
- ✓Wise Business's features match your needs better
Side-by-Side Comparison
| Dimension | Mercury | Wise Business |
|---|---|---|
| First Year Cost | Not verified | Not verified |
| Processing Time | 1-14 days | 1-3 days |
| Non-Resident Support | Yes | Yes |
| EIN Handling | Not available | Not available |
| Crypto Policy | Restricted | Restricted |
| Founded | 2019 | 2011 |
| HQ Country | US | UK |
| Monthly Fee | $0/mo | $0/mo |
| Verified Claims | 2 verified | 3 verified |
Pricing Comparison
Mercury starts at an unverified price, while Wise Business starts at an unverified price.
The key pricing difference is whether state filing fees are included or charged separately. For non-US founders, the total first-year cost matters more than the headline price.
Features for Non-Residents
Both Mercury and Wise Business support non-US residents, but their approach differs. Check the comparison table above for specific features like EIN handling, processing time, and crypto policy.
Who Should Use Which?
Mercury is better if you prioritize: you need a traditional us bank account for credibility, mercury's features match your needs better.
Wise Business is better if you prioritize: you need multi-currency accounts, you primarily receive international payments.
Our Take
For most non-US founders, both options are viable. The decision often comes down to your specific needs: budget constraints, whether you need additional services like bookkeeping, and your comfort level with the setup process.
We recommend reading our individual reviews for Mercury and Wise Business before making a decision.